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5840 SE 89th Ave
Portland, OR 97266
Fiftyeight 40 · Multifamily Property For Sale · 11 Units

INVESTMENT HIGHLIGHTS

  • New construction: Built in 2023 - Not subject to Rent Control
  • Air Conditioning and Washer/Dryer in Units
  • Walk Score of 83 & Bike Score of 92
  • Priced below replacement cost at $159K per-unit
  • Blocks to light rail and freeway access
  • Good location surrounded by restuarants and bars

PROPERTY FACTS

No. Units 11
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 0.07 AC
Building Size 5,639 SF
No. Stories 3
Year Built 2023
Zoning CM2

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Range
  • Double Pane Windows
  • Window Coverings
  • Quartz Countertops

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 11 $1,195 333 - 448

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R707573
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$735,580
  • Listing ID: 35335193

  • Date on Market: 4/1/2025

  • Last Updated:

  • Address: 5840 SE 89th Ave, Portland, OR 97266

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