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1318 46th Ave
Portland, OR 97213
Multifamily Property For Sale
·
6 Units


INVESTMENT HIGHLIGHTS
- Modern Design
- Prime Hollywood Location
EXECUTIVE SUMMARY
This meticulously maintained 6-plex offers a fantastic investment opportunity in an unbeatable location, just 0.3 miles from vibrant coffee shops, grocery stores, restaurants, and parks. With an impressive 89 BikeScore and easy access to I-84, tenants will enjoy the best of both convenience and connectivity. Each unit features spacious 2-bedroom, 2-bathroom layouts with open-concept floor plans that are flooded with natural light. Expansive windows and soaring ceilings create an airy, modern living space that is perfect for today's lifestyle. The generously sized living rooms flow effortlessly into the sleek kitchens, which showcase warm cabinetry, stainless steel appliances, and tasteful tile accents. A full bathroom with a walk-in shower is conveniently located on the main floor. Upstairs, both bedrooms offer plenty of space and are complemented by a charming bathroom with a luxurious soaking tub. Each unit includes a private, fenced yard space—ideal for outdoor enjoyment or relaxation. With a 1-year builder warranty in place, you can have peace of mind. Whether you're looking to expand your portfolio or secure a long-term, low-maintenance rental property, this 6-plex offers an exceptional combination of location, quality, and rental appeal. Don't miss this rare opportunity!
PROPERTY FACTS
| Price Per Unit | $500,205 CAD | Apartment Style | Townhome |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 5.68% | Lot Size | 0.12 AC |
| No. Units | 6 | Building Size | 6,121 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2024 |
| Zoning | RM2 | ||
| Price Per Unit | $500,205 CAD |
| Sale Type | Investment |
| Cap Rate | 5.68% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 6,121 SF |
| No. Stories | 2 |
| Year Built | 2024 |
| Zoning | RM2 |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 6 | $16,086 CAD | 985 - 1,044 |
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