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Listed by Windermere Realty Trust

$1,845,000

Est. payment - /mo

3,321 SqFt

New

839 SW GREEN AVE Portland, OR 97205

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Victoria Marchese

victoria.marchese@eleetere.com +1(503) 780-1937

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,321 sqft

Price per Sqft $555

Subdivision Historic Kings Hill/West Hills

MLS Listing ID 175139492

Year Built 1910

Annual Tax Amount $11,246

Tax Year 2024

Property Description

Listing price reflects a Portfolio of two properties, totaling 7 units, along with 2324 SW Cactus, See MLS#665770755 Properties are adjacent to one another.Welcome to the Cedar Hill Apartments, one of Portland's first reinforced concrete buildings. Designed by Architect Henry Hefty in the American Renaissance style in 1910. The Cedar Hill Apartments has 5 generously sized studio apartments, with oak hardwood floors, built-ins in the dining room, and remodeled kitchens & bathrooms respecting the 1910 era, between 2006-2008. Additionally during 2006-2008 the building received a new roof, updated electrical - including 5 meters, interior water lines plus 18 plumbing fixtures. The oil tank was just decommissioned to DEQ Standards by Soil Solutions. Owner pays garbage, water, sewer and gas for common hot water heater. Electrical is metered separately, heat is by radiant floors in kitchen and bath, plus zonal electrical heat. Laundry is common, coin-op machines owned by seller. Photos in RMLS are of apartment #3 are represent the interiors and layout of the other apartments.Detailed brochure with additional photos and floor plans available upon request, via email. Please see adjacent property included, a Duplex at 2324 SW Cactus MLS#665770755. The 2 properties have historically been owned as a package and seller doesn't want to sell them separately due to shared water & sewer line & some of the leases for SW Green also use the parking lot adjacent to the SW Cactus property. The Income/expenses shown reflect totals of both properties combined. However, property taxes reflect amount for each property. Both properties have had long-term tenants and great, solid rental history.Fabulous urban location: Located 650 feet away from Starbucks, Zupan's and Uptown Shopping. NW 23rd Ave is .25 of a mile away. Showings are available on Thursdays between 11-3 with 24 hour notice, otherwise showings of interiors are subject to accepted offer. PLEASE DO NOT DISTURB TENANTS.

Location

State OR

County Multnomah

Community Commons, Laundry

Area _148

Zoning RM2

Rooms

Basement Daylight, Partially Finished

Interior

Heating Radiant, Wall Heater

Exterior

Community Features Commons, Laundry

View City, Mountain

Roof Type BuiltUp,Flat

Garage No

Building

Lot Description Sloped

Story 3

Foundation Concrete Perimeter

Sewer Other, Public Sewer

Water Other, Public Water

Level or Stories 3

Schools

Elementary Schools Ainsworth

Middle Schools West Sylvan

High Schools Lincoln

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

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Victoria Marchese

Agent | License ID: 970900118

+1(503) 780-1937

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839 SW GREEN AVE Portland, OR 97205

Victoria Marchese

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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839 SW GREEN AVE