For sale

$2,950,000

Est. $18,221/mo

•

15 ba

•

9,002

sq ft

6940 SE Long St, Portland, OR 97035

About this home

SELLER FINANCING NOW AVAILABLE. CALL BROKER FOR INFORMATION.Kern Park Apartments is an excellent opportunity to acquire a high-quality 2020-construction apartment building in Southeast Portland. Located at 6940 SE Long St, Kern Park Apartments is a 15-unit asset with a balanced units mix featuring nine (9) one-bed/one-bath units and six (6) two-bed/ one-bath units. The efficient unit layouts and modern finishes offer residents a clean, comfortableliving environment in an actively growing submarket.The building showcases the benefits of newer construction: fully sprinkled, separately metered, and built with durable, high-quality, sound-dampening materials. Systems and interiors reflect a “builtto- hold” standard rather than value-engineered construction, giving the property lower operating intensity compared to older competing stock. Residents enjoy contemporary interiors including stainless steel appliances, quartz countertops, modern cabinets, LVP flooring, and quality fixtures. All units have in-unit washers and dryers..With stabilized operations, limited to no deferred maintenance, and a location benefiting from continued neighborhood improvement, 6940 SE Long St represents a rare chance to acquire a modern, low-maintenance asset in one of Southeast Portland’s most promising growth pockets.

Multi-familyProperty Type

2020Year Built

6,098 sq ftLot Size

$328Price/Sq.Ft.

Listed by Jude Soldati • SMI Commercial Real Estate LLC

Listing updated: Aug 11, 2026 at 07:21am

Redfin checked: a minute ago

•Source:RMLS #495498306

Payment calculator

$18,221 per month

Principal and interest$15,307

Property taxes

$2,644

HOA dues

Home insurance

$270

Utilities

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Open houses

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Nearby open houses (10)

OPEN THU, 11AM TO 1PM
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4 beds3 baths1,932 sq ft
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Michelle McCabe • Windermere Realty Trust
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2 beds3 baths1,148 sq ft
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$2,500,000
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REDFIN OPEN SAT, 12PM TO 2PM3D WALKTHROUGH
$575,000
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22240 SW Martinazzi Ave, Tualatin, OR 97062
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REDFIN OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$449,999
3 beds1 bath1,272 sq ft
11444 SW 115th Ave, Tigard, OR 97223
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REDFIN OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$467,500
3 beds2 baths1,520 sq ft
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Around this home

Schools

K - 12
Preschool & daycare

Arleta Elementary School

Public K-5 • Assigned • 0.3mi

9/10

Kellogg Middle School

Public 6-8 • Assigned • 0.7mi

5/10

Franklin High School

Public 9-12 • Assigned • 1.2mi

6/10

Provided by GreatSchools

About

Foster-Powell

Foster-Powell, located between Mount Tabor and Lents, is a residential and commercial Portland neighborhood with a long stretch of storefronts and a grid of tree-lined side streets. The neighborhood’s character concentrates along SE Foster Road near SE 52nd Avenue, where taquerias, bottle shops, music rooms, and small galleries keep the sidewalks active. Vintage bungalows and mid-century ranches mix with newer townhomes, giving the blocks a layered, lived-in look. The Foster Floodplain Natural Area adds a quiet ribbon of wetlands and paths. Community pillars like the Clinton Street Theater, 5 & Dime, and Assembly Brewing anchor nights out with cult films, pinball, and wood-fired pies.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Hot water: Other

Bedrooms
Nine 1-bedroom units
Six 2-bedroom units

Bathrooms
All units have one bathroom

Heating & cooling
Heating: Other (no central heating specified)
Cooling: Other (no central cooling specified)

Sale and tax history for 6940 SE Long St

Sale History
Tax History

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

5,920 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

2020

Style

Other

County

Multnomah County

APN

R197217

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

CM2

Commercial/Mixed Use 2

The Commercial/Mixed Use 2 (CM2) zone is a medium scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits. Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas.

Permitted uses

Include but are not limited to:

Religious facility
Automotive repair garage
Day care facility
General retail
Hospital / medical center
Housing
Office
Educational / school
Recreation-Other
Park & open space

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 92° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

19 unhealthy days expected this year, 21 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97035

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

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Sun exposure

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Provided by Shadowmap

Redfin Estimate for 6940 SE Long St

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Details provided by RMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Mortgage resources

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 6940 SE Long St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 6940 SE Long St

Early Access listings

Nearby similar homes

New listings for sale in 97215

More real estate resources