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3530 SE 136th Ave
Portland, OR 97236

Multifamily Property For Sale · 7 Units

Executive Summary

The McKinley Park Apartments built in 1966 is a 7 unit complex with 2Bed/1Bath apartments, all currently rented. Large open kitchen spaces highlight these units and current monthly rents are $8,072. The property is 1 block from a TriMet bus stop and has easy freeway access to Hwy 205. Powell Butte Nature Park is just 5 blocks away for access to Hiking and Biking Trails. New exterior paint 2018, new perimeter fencing and gates 2020-2023, new trash enclosure in 2023 and seal coated-striped parking lot 2023.

PROPERTY FACTS

Price Per Unit $225,354 CAD
Sale Type Investment
Cap Rate 4.62%
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.51 AC
Building Size 6,188 SF
Average Occupancy 100%
No. Stories 1
Year Built 1966
Parking Ratio 1.57/1,000 SF

Unit Amenities

  • Balcony

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 7 $1,653 CAD 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R229561
Land Assessment
$319,180 CAD
Improvements Assessment
$1,104,468 CAD
Total Assessment
$1,423,648 CAD

zoning

Zoning Code R2, Portland
R2, Portland
  • Listing ID: 31394596

  • Date on Market: 2024-04-02

  • Last Updated:

  • Address: 3530 SE 136th Ave, Portland, OR 97236

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