MLS# 276954757 – 436 Ne Stafford St, Portland, OR 97211 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of SMI Commercial Real Estate LLC.

Property Description

Description

10 Units

Status: Active

Year Built: 2018

Neighborhood: Woodlawn

Days on Website: 3

Introducing a prime investment opportunity at 436 NE Stafford St inPortland, OR. This 9,081 SF 10-unit multifamily property, constructed in 2018,offers an ideal blend of modern architecture and functionality. With closeattention to detail in design and construction, as well as a wide unit mix, thisproperty is poised to accommodate the needs of a dynamic tenant base.Embrace this chance to secure a premium multifamily asset in a classicPortland location, offering a compelling blend of quality construction andstrategic positioning.

Property Details and Features

Property Access

Road Surface Type:

Paved

Building

Building Area Total:

9081

Built in 2018

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4

Expenses

Operating Expense Scheduled:

74244

Operating Expense:

$71,499

Exterior Features

Exterior Description:

WoodSiding

Foundation

Foundation Details:

Slab

Heating

Heating Available

Heating:

ForcedAir

Income

CAP Rate:

Gross Income:

$214,011

Gross Rent Multiplier:

13.32

Gross Scheduled Income:

$241,716

Net Operating Income:

$142,512

Net Scheduled Income:

167472

Listing

Contract Status Change Date:

2025-02-19

Days On Market:

Last Transaction Date:

2025-02-22 10:34:34

List Price:

$2,850,000

Listing Contract Date:

2025-02-19

Listing Id:

276954757

Mls Status:

Active

Modification Timestamp:

2025-02-22 10:34:35

On Market Date:

2025-02-19

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_142

Subdivision Name:

WOODLAWN

County Or Parish:

Multnomah

Lot

Size Range:

SqFt5000to6999

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

ProfitLossStatement,RentRecords

Property

Number Of Units Total:

Property Condition:

NewConstruction

Zoning:

Roof

Roof:

Composition

Schools

High School:

Jefferson

Middle Or Junior School:

Ockley Green

Elementary School:

Woodlawn

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$24,338

Legal Description

Unit One

Actual Rent:

$1,340

Area:

540

Features:

AirConditioning,Dishwasher,Microwave,WasherDryer

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$2,155

Area:

1166

Features:

AirConditioning,Dishwasher,Microwave,WasherDryer

Units Total:

2 total bathrooms

2 total bedroom

Unit Three

Actual Rent:

$2,249

Area:

1182

Features:

AirConditioning,Dishwasher,Microwave,WasherDryer

Units Total:

2 total bathrooms

3 total bedroom

Unit Four

Actual Rent:

$2,265

Area:

1413

Features:

AirConditioning,Dishwasher,Microwave,WasherDryer

Units Total:

2 total bathrooms

3 total bedroom

Utilities

Fuel Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$2,850,000 -

436 Ne Stafford St Portland , OR 97211

MLS Area Major: _142

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on February 25, 2025 11:43AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.