7473 New York AvePortland, OR 97203

Property Details for 7473 New York Ave

Year built

2024

Lot size

0.11 AC

Property size (Sq ft)

5,489 SF

Property type

Residential income homes

Property subtype

Dormitories

Description

This exceptional 2024-built, six-unit apartment building presents a compelling investment opportunity in Portland, Oregon's vibrant St. Johns neighborhood. Boasting a total of 5,489 square feet across a 0.11-acre lot, this two-story building features six meticulously designed 2-bedroom, 2.1-bathroom units. Each unit offers an open-concept floor plan, maximizing natural light and space. Modern kitchens feature warm cabinetry, elegant tile work, and stainless steel appliances, seamlessly flowing into the dining and living areas. Private patios extend the living space outdoors. The primary suites are sun-drenched, and all units benefit from high ceilings and large windows. The property's prime location offers a 93 WalkScore and 93 BikeScore, placing residents within easy walking distance of coffee shops, restaurants, grocery stores, and boutiques. This multifamily property, zoned RM2, is further enhanced by a one-year builder's warranty, providing peace of mind for the investor. The asking price is $1,999,900. This is a rare opportunity to acquire a high-quality, income-producing asset in a thriving Portland neighborhood.

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.593

Longitude

-122.756

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