3564 Garfield AvePortland, OR 97212

For Sale
$2,799,900

Luxury 7-unit apartment building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional new construction multifamily property in Portland, Oregon, presents a compelling investment opportunity. Located at 3564 NE Garfield Ave, in the desirable 97212 zip code, this 7-unit building boasts a total of 6,592 square feet, offering 14 bedrooms and 14 bathrooms (including half-baths) across two stories. Each unit features a spacious two-bedroom, two-and-a-half-bathroom layout, designed with modern, open-concept floor plans. High-end finishes include custom kitchens with warm cabinetry, quartz countertops, stylish tile backsplashes, and stainless steel appliances. Sleek black fixtures, lofty ceilings, and designer color palettes enhance the sophisticated aesthetic. Private, fenced patios and coveted air conditioning are included in each unit. The property benefits from a phenomenal location with a Walk Score of 95 and a Bike Score of 100, placing it within a short distance of restaurants, shops, cafes, and Legacy Emanuel Hospital. The building is zoned CM2 and comes with a one-year builder's warranty, providing peace of mind for the investor. The asking price is $2,799,900, representing a price per unit of $399,985.71 and a price per square foot of $424.74. This property is an ideal addition to any investment portfolio.

Highlights

  • Exceptional location with a Walk Score of 95 and Bike Score of 100, steps from restaurants, shops, and cafes, and less than half a mile from Legacy Emanuel Hospital.
  • Seven (7) two-bedroom, two-and-a-half-bathroom units.

Property Details for 3564 Garfield Ave

Property type
Multifamily properties, Apartment buildings
Square Feet
6,592 SF
Buildings
1
Stories
2
Units
7

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5487819
Longitude
-122.6624007
3564 Garfield Ave, Portland, Oregon

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3564 Garfield Ave
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