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12606-12620 E Burnside Street

12606-12620 E Burnside Street, Portland, Oregon 97233

$1,180,000

Status:
Available
County:
Multnomah
Units:
8
Year Built:
1968
Unit Price:
$147,500
Land Size:
0.56 Acres
Building Size:
+/- 7,760 sq. ft.
Price per SF:
$152
CAP Rate:
5.82%
Unit Mix:

Eight (8) two-bedroom, one-bathroom units. 

Laundry Room:
Yes
Siding:
Wood
Roof Type:
Asphalt Shingle
Heat Type:
Electric
Patio Deck:
Yes
Property Photo

12606-12620 E Burnside Street is an eight-unit apartment building located in Portland, Oregon. The property was built in 1968 and features spacious two-bedroom units, which are in classic condition and present a strong value-add opportunity through interior renovations. 

The property is located on the iconic Portland arterial, Burnside Street, which provides easy access to city life to the west in Inner Portland along with quieter, suburban  life to the east in Gresham. The property sits along the MAX Blue line, which allows for easy access around both cities even without a car. With I-205 only two miles away, the property is ideally located to many nearby employers in the metro area along the I-84 corridor.

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8
Units
1968
Year Built

Property Location