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3534-3548 NE 102nd Ave, Portland, OR 3534 NE 102nd Ave

4 Unit Apartment Building $1,215,921 CAD ($303,980 CAD/Unit) Portland, OR 97220

Investment Highlights

  • (4) 2 bedroom / 1.5 bath units measuring at 1,153 square feet each
  • Strong and steady occupancy
  • Located near public transportation

Executive Summary

Located in the desirable Maywood Park neighborhood, this well-maintained 4-plex offers an excellent investment opportunity. Each unit features 2 bedrooms, 1.5 bathrooms, and 1,150 square feet of living space, with small fenced back patios and assigned off street parking for tenants. The property enjoys strong historical occupancy, with current monthly gross rents totaling $7,029. Close to shopping, schools, and public transportation, this property is ideal for both investors looking for steady returns and owner-occupied buyers seeking additional rental income.

Attachments

Floor Plan

Data Room Click Here to Access

Financial Summary (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,215,921 CAD
Price Per Unit $303,980 CAD
Sale Type Investment
Sale Conditions 1031 Exchange
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Lot Size 0.18 AC
Building Size 4,614 SF
Average Occupancy 100%
No. Stories 2
Year Built 1997

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 4 $2,112 CAD 1,153

zoning

Zoning Code R2
R2
  • Listing ID: 34216869

  • Date on Market: 2024-12-16

  • Last Updated:

  • Address: 3534 NE 102nd Ave, Portland, OR 97220

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