This exceptional multifamily investment property consists of two, six-unit buildings totaling 12 units, each featuring two bedrooms and two-and-a-half bathrooms. Built in 2024, this newly constructed property boasts 10,952 square feet and is situated on 4330 N Gantenbein Ave, Portland, OR 97217, in the desirable Humboldt neighborhood. The property benefits from a walkable location with a BikeScore of 100, providing easy access to the vibrant Vancouver/Williams corridor and N Mississippi Ave, known for its shops, restaurants, and parks. Each unit showcases an open-concept floor plan with high-end finishes, including custom kitchens with modern cabinetry, slab countertops, extensive tile backsplashes, and stainless steel appliances. Additional features include tall ceilings, expansive windows, sleek fixtures, stylish lighting, and private yard spaces. The property also includes coveted air conditioning. The asking price is $4,999,900, translating to $416,658.33 per unit and $456.53 per square foot. The property is zoned RM2 and comes with a one-year builder warranty, offering peace of mind for the investor. Estimated completion is mid-October. This is a rare opportunity to acquire a high-quality, newly constructed multifamily property in a prime Portland location.
Highlights
Open-concept floor plans in each of the 12 units.
Prime location in Portland's Humboldt neighborhood, walkable to the Vancouver/Williams Corridor.
Exceptional BikeScore of 100.
Two adjacent six-plex buildings totaling 12 units, newly constructed in 2024.
Residential income home - Luxury 12-unit apartment building in prime Portland location
Where is the residential income home located?
The property is located at 4330 Gantenbein Ave Portland, OR.
What is the asking price?
The asking price for this property is $4,999,900.
What are key features of this property?
This property features: Open-concept floor plans in each of the 12 units.; Prime location in Portland's Humboldt neighborhood, walkable to the Vancouver/Williams Corridor.; Exceptional BikeScore of 100.
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Contacts
Darryl Bodle
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Gantenbein Ave Portland, OR 97217
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Gantenbein Ave Portland, OR 97217
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4330 Gantenbein Ave
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