1401 SE 130TH AVE, Portland, OR 97233
- $1,625,000
- 9,250
- SqFt
- List Price
- $1,625,000
- Days on Market
- 50
- MLS#
- 211615530
- Property Type
- Multifamily
- Sqft. of Residence
- 9,250
- Lot Size
- 20, 000 SqFt to .99 Acres
- Region
- Portland Southeast
- Status
- ACTIVE
Property Description
SE 130th Avenue Apartments is a unique 8-unit multifamily investment opportunity located in Portland’s Mill Park neighborhood of SE Portland. Situated on approximately 0.77 acres, the property offers a low-density residential setting consisting of a diverse mix of duplexes, a triplex, and a freestanding single-family home, creating an attractive alternative to traditional apartment product in the East Portland market.The property includes seven spacious 2-bedroom/1-bath apartment units averaging approximately 950 square feet, along with a separately situated 2,600 square foot 3-bedroom/2-bath single-family residence featuring a full basement and private fenced backyard. The diverse unit mix provides investors with an appealing blend of apartment and residential-style living environments that are increasingly difficult to replicate in today’s development environment.The apartment units feature an attractive amenity package including private enclosed patio areas, in-unit washer/dryer hookups with owner-provided appliances, ductless mini-split heating and air conditioning systems, insulated vinyl windows, and upgraded luxury vinyl plank flooring throughout many of the interiors. The spacious floorplans offer bright living areas with strong natural light and functional layouts designed for comfortable day-to-day living. The combination of larger unit sizes, air conditioning, private outdoor spaces, and in-unit laundry amenities has contributed to strong tenant demand and long-term resident retention.The freestanding home has undergone extensive renovations, including a full interior remodel completed in 2022 featuring updated flooring, refinished hardwood floors, new kitchen appliances, masonry waterproofing improvements, a newer roof installed in 2021, updated gas furnace in 2019, and a new gas fireplace insert.
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Additional Information
- Tax Amount
- $17,986
- Year Built
- 1976
- High School
- David Douglas
- Elementary School
- Menlo Park
- Middle School
- Floyd Light
- Acres
- 0.77
- Living Area
- 9,250
- Subdivision
- MILL PARK
- Terms
- Call Listing Agent, Cash, Conventional
- Cooling Description
- Mini Split
- Fuel Description
- Electricity, Gas
- Heating Description
- Forced Air, Wall Heater
- Hoa Rent Includes
- Maintenance Grounds
- Hot Water Description
- Electricity, Gas
- Exterior Description
- Brick, Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Off Street, Paved
- Parking Description
- Off Street, Paved
- Road Surface
- Paved
- Number Of Units Total
- 8
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1591
- Unit Type One Sq Ft
- 950
- Unit Type One Units Total
- 7
- Unit Type Two Baths Total
- 2
- Unit Type Two Beds Total
- 3
- Unit Type Two Units Total
- 1
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Listing courtesy of Barry Investment Real Estate.
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