Discover an outstanding 100% occupied investment opportunity in the heart of Portland's vibrant NW district, Nob Hill, two blocks to NW 23rd Avenue. This meticulously maintained 8-unit multifamily property with new roof 2023-2024 offers a blend of urban convenience and serene outdoor access, perfect for those seeking both city life and nature. Each unit designed with comfort in mind, featuring cozy fireplaces, private decks, with individual storage units catering to all your organizational needs.Eight on-site numbered parking spaces residents will appreciate, a rare find in this sought-after neighborhood. With convenient laundry facilities available on site, everyday living is made easy. Nestled moments away from the lush trails of Forest Park and with quick access to 23rd Ave. & downtown Portland’s bustling dining and entertainment scene, the location could not be better.Whether you are a seasoned investor or looking to expand your portfolio, this prime property promises consistent rental income potential in one of Portland’s trendiest locales. Please do not disturb Tenants, call for information.
Multi-familyProperty Type
1960Year Built
9,147 sq ftLot Size
$195Price/Sq.Ft.
8 spacesParking
Listed by Colleen Hildebrand• Kohler Meyers O'Halloran Inc.
Listed by Darren O'Halloran• Kohler Meyers O'Halloran Inc.
The RM3 zone is a medium to high density multi-dwelling zone applied near the Central City, and in centers, station areas, and along civic corridors that are served by frequent transit and are close to commercial services. It is intended for compact, urban development with a high percentage of building coverage and a strong building orientation to the pedestrian environment of streets. This zone is intended for areas where the established residential character includes landscaped front setbacks. Allowed housing is characterized by mid-rise buildings up to six stories tall. The Design overlay zone is applied to this zone.
Zone overlays
Design Overlay Zone
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Park & open space
Oct 2, 2024 • Final
Electrical
Electrical
Jan 13, 2016 • Final
Plumbing
Bathroom
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Assigned, Paved
Parking Total: 8
Interior
Virtual Tour Information
Virtual Tour Type: Photo Slide Show
Has Virtual Tour Unbranded: Yes
Appliances
Hot Water Description: Electricity
Interior Features
Storage: Basement, Individual Storage Units
Basement: Exterior Entry, Storage Space
Exterior
Exterior Features
Roof: Composition
Exterior Description: Brick, Lap Siding, Wood Siding