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5037 SE Mill St

6 Unit Block of Flats £1,783,986 (£297,331/Unit) 5.68% Net Initial Yield Portland, OR 97215

Investment Highlights

  • Brand New
  • spacious unit size
  • Fast lease-up
  • Walk friendly neighborhood

Executive Summary

Gorgeous six-unit building located in Southeast Portland's Mt. Tabor neighborhood. Brand new construction featuring modern unit layouts
and high-quality finishes. Five of six units are currently leased.

Property Facts

Price £1,783,986
Price Per Unit £297,331
Sale Type Investment
Net Initial Yield 5.68%
No. Units 6
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.11 AC
Building Size 5,580 SF
Number of Floors 2
Year Built 2024

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RM2
RM2
  • Listing ID: 33789912

  • Date on Market: 07/11/2024

  • Last Updated:

  • Address: 5037 SE Mill St, Portland, OR 97215

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