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5205 SE 18th Ave

59 Unit Apartment Building $2,358,625 CAD ($39,977 CAD/Unit) Portland, OR 97202

Apartment Buildings Oregon Portland 5205 SE 18th Ave, Portland, OR 97202

INVESTMENT HIGHLIGHTS

  • Popular Sellwood Moreland neighborhood - Two blocks to TriMet MAX Light Rail Station
  • Legacy 2019 SDC fees
  • Erosion Control measures installed and inspected
  • Building permits have been issued
  • Site comes with plans, engineering, entitlements & rights
  • Ready to start construction immediately

EXECUTIVE SUMMARY

5205 SE 18th Avenue is a 10,000 square foot, 59-unit multifamily development site. Permits have been issued by the City of Portland. 2019 System Development Charge (SDC) fees have been locked in at 2019 SD Crates with a deferral agreement in place. The property comes with all plans, engineering, entitlements, and rights. Construction could start immediately.

ATTACHMENTS

5205 SE 18th Avenue | Sale Brochure

PROPERTY FACTS

Price $2,358,625 CAD Building Class A
Price Per Unit $39,977 CAD Lot Size 0.23 AC
Sale Type Investment Construction Status Proposed
No. Units 59 Building Size 59,000 SF
Property Type Multifamily No. Stories 6
Property Subtype Apartment Year Built 2026
Apartment Style Mid-Rise
Price $2,358,625 CAD
Price Per Unit $39,977 CAD
Sale Type Investment
No. Units 59
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class A
Lot Size 0.23 AC
Construction Status Proposed
Building Size 59,000 SF
No. Stories 6
Year Built 2026
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5205 SE 18th Ave, Portland, OR - AERIAL map view
Bike Score®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number R181790 Improvements Assessment $0 CAD
Land Assessment $221,705 CAD Total Assessment $221,705 CAD

PROPERTY TAXES

Parcel Number
R181790
Land Assessment
$221,705 CAD
Improvements Assessment
$0 CAD
Total Assessment
$221,705 CAD

ZONING

Zoning Code RH (Residential High Density)
RH (Residential High Density)
(503) 314-0527

CONTACT

  • Listing ID: 28128825

  • Date on Market: 2023-04-03

  • Last Updated:

  • Address: 5205 SE 18th Ave, Portland, OR 97202

The Sellwood-Moreland Multifamily Property at 5205 SE 18th Ave, Portland, OR 97202 is currently available. Contact Macadam Forbes, Inc. for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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5205 Aerial
5205 SE 18th Ave, Portland, OR for sale Building Photo- Image 2 of 4
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5205 SE 18th Ave
(503) 314-0527 x

5205 SE 18th Ave

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(503) 314-0527

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