3534-3548 NE 102nd Ave, Portland, OR | 3534 NE 102nd Ave
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3534-3548 NE 102nd Ave, Portland, OR 3534 NE 102nd Ave
4 Unit Apartment Building $855,000 ($213,750/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.
Data Room Click Here to Access
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| 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 | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $855,000 | Property Subtype | Apartment |
| Price Per Unit | $213,750 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 4,614 SF |
| Sale Conditions | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1997 |
| Price | $855,000 |
| Price Per Unit | $213,750 |
| 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 | $1,485 | 1,153 |
1 of 1
zoning
| Zoning Code | R2 |
| R2 |
1 of 24
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3534-3548 NE 102nd Ave, Portland, OR | 3534 NE 102nd Ave
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