1318 46Th AvePortland, OR 97213

Property Details for 1318 46Th Ave

Year built

2024

Lot size

0.12 AC

Property size (Sq ft)

6,121 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This brand-new, meticulously maintained six-unit apartment building presents a compelling investment opportunity in Portland, Oregon's desirable Hollywood district. Built in 2024, this two-story structure boasts a total of 6,121 square feet on a 0.12-acre lot, zoned RM2. Each of the six units features a spacious and modern 2-bedroom, 2-bathroom layout, encompassing an open-concept design with abundant natural light. High-end finishes include warm cabinetry, stainless steel appliances, and tasteful tile accents in the sleek kitchens. The main floor includes a full bathroom with a walk-in shower, while upstairs, both bedrooms are complemented by a luxurious bathroom with a soaking tub. Every unit also includes a private, fenced yard. The property's excellent location, just 0.3 miles from amenities such as coffee shops, grocery stores, restaurants, and parks, is further enhanced by an 89 BikeScore and easy access to I-84. The building is covered by a one-year builder warranty, providing peace of mind for the new owner. This property offers an exceptional combination of location, quality construction, and strong rental appeal, making it an ideal addition to any investment portfolio. The asking price is $2,430,000.

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5326

Longitude

-122.616

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