Active
11401 SE POWELL BLVD
Portland OR, 97266
$1,450,000
$174.87 per sqft
Active
2 Beds
2 Baths
8,292 sqft
Multi-family
Built in 1973
Courtesy of Bridge Creek Realty
Powell Flats is a 10-unit, garden-style apartment complex in Portland's Powellhurst-Gilbert area. Built in 1973, it offers two-bedroom, two-bath units with an average rent of $1,470. Four of the units are vacant, creating immediate value-add potential. Investors can increase rental income by upgrading units and aligning rents with the market rate of $1,500, making it a strong investment opportunity in a growing submarket.
24200635
MLSⓇ ID
October 18, 2024
Listed
November 22, 2024
Updated
Map
11401 SE POWELL BLVD
Portland OR, 97266
Interior Features
Total Stories
1
Bedrooms
2
Total Bathrooms
2
Full Bathrooms
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.75 Acres
Sewer
Public Sewer
School Information
High School
David Douglas
Elementary School
W Powellhurst
Other Property Details
Area Name
_143
Taxes
$15,238
Tax Frequency
Annually
Days on Market
5
Garage
No
Parking Total
14
View
No
County
Multnomah
Water Source
Public Water
Pool
No
Zoning
C2
Listing Courtesy of Bridge Creek Realty, Ian Crist. 503-508-0131
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This content last updated on 11/22/2024, 12:20 PM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available
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