For Sale
$1,759,900

6289 44Th AvePortland, OR 97206

Portland multifamily, 8 beds, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 4-plex apartment building, located at 6289 SE 44th Ave in Portland, Oregon's desirable Woodstock neighborhood, presents a compelling investment opportunity. Completed in 2024, this property boasts 3,800 square feet situated on a 0.11-acre lot and is zoned R5. The building comprises four units, each featuring two bedrooms and two and a half bathrooms, totaling eight bedrooms. Each unit offers approximately 950 square feet of open-concept living space, highlighted by expansive windows, lofty ceilings, and modern kitchens equipped with custom cabinetry and stainless steel appliances. The units seamlessly blend indoor and outdoor living with private, fenced yard spaces. The property's prime location offers residents easy access to the Woodstock Farmers Market, an array of shops, restaurants, parks, and Reed College. The asking price is $1,759,900, translating to $439,975 per unit and $463.13 per square foot. The property includes a one-year builder warranty, providing peace of mind for the investor. Estimated completion is early November. This multifamily investment is ideally suited for those seeking a high-return property in a thriving Portland neighborhood. The property's strong rental potential, combined with its desirable location and modern amenities, makes it an attractive addition to any investment portfolio.

Highlights

  • New 2024 construction, 4-plex in desirable Portland's Woodstock neighborhood.
  • Located near Woodstock Farmers Market, shops, restaurants, and parks.
  • Open-concept floor plans, each unit offering ~950 sq ft, 2 bed/2.5 bath.

Property Details for 6289 44Th Ave

Property type
Residential income homes, Dormitories
Square Feet
3,800 SF
Year Built
2024
Buildings
1
Lot Size (sq. ft)
4,792 SF
Units
4

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.4771807
Longitude
-122.6177059
6289 44Th Ave, Portland, Oregon

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6289 44Th Ave
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