7250 78Th AvePortland, OR 97206

For Sale
$1,439,900

New 4-unit building, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
94
This stunning new 2-story, 3,850 square foot, 4-plex in Portland, Oregon's desirable Multnomah County (zip code 97206, 7250 SE 78th Ave) offers a compelling investment opportunity. Built in 2024, the property boasts a desirable unit mix: two 3-bedroom/2.1-bathroom units and two 2-bedroom/2.1-bathroom units, each featuring an open-concept layout, spacious living rooms, modern kitchens with ample cabinetry, expansive tile work, and stainless steel appliances. Upstairs, generously sized bedrooms and two full bathrooms provide comfort and convenience. Large windows and loft ceilings create a bright and airy atmosphere. The property's central location provides easy access to coffee shops, groceries, and restaurants (within 0.3 miles), and convenient commuting via I-205. The asking price is $1,439,900, representing a price per unit of $359,975 and a price per square foot of $374. The property's pro-forma NOI is $86,142, yielding a 5.98% cap rate. The property is zoned R2.5 and comes with a one-year builder warranty. This is a turnkey investment ready for immediate income generation. Ten total bedrooms are spread across the four units.

Highlights

  • Highly desirable unit mix: two 3-bedroom/2.1-bath units and two 2-bedroom/2.1-bath units.
  • Centrally located property.
  • Open-concept floor plans.

Property Details for 7250 78Th Ave

Property type
Multifamily properties, Apartment buildings
Square Feet
3,850 SF
Year Built
2024
Buildings
1
Stories
2
Units
4

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.470545
Longitude
-122.5826661
7250 78Th Ave, Portland, Oregon

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
7250 78Th Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message