1627 SE REEDWAY ST Portland, OR97202

$2,577,500
12 total units
1 total bedrooms
1 total bathrooms
$188,940 annual income
Capitilization Rate: 4.92
5770 total sq. ft
5,000 to 6,999 SqFt
Elementary School: Llewellyn
Middle School: Sellwood
High School: Cleveland
Zoning: R2.5
1380 days on market

VestorFilter™

Price per unit$214.8K/unit
Price per ft²$446.71/ft²
Price per acre$21.94M/ac
Price per bedroom$2577.5K/bed
Time on market1380 days

Property Description

Fully rented! Stunning modern new construction 12 unit apartment complex from quality local builder with 1bed, 1 bath units. Newly completed with excellent projected rents! Trendy, open concept floor plan showcases modern amenities, tall ceilings, SS appliances, W/D in units, lots of windows, and more! Situated in the desirable Sellwood-Moreland neighborhood! Right near transit, shopping, eateries, parks, schools, and freeway access!

{{ compliance-logo }}Listing Provided By Keller Williams Realty Portland Premiere

Financial Data

Date Sold2021-09-22
Sold Price$2,577,500
Original Price$2,800,000
Current Price$2,577,500
Property Taxes$4,306

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Home Facts

StatusSold
Year Built2020
Stories2
MLS ID20378958

Unit Details

Unit 1