Ritz Manor 1323 NW 23rd Ave 18 Unit Apartment Building $3,380,376 CAD ($187,799 CAD/Unit) 8.54% Cap Rate Portland, OR 97210

Introducing Roxi Court, a 13-unit multifamily property offering a rare investment opportunity in Portland’s Northwest District, one of the city’s most walkable and desirable neighborhoods. Built in 1928, Roxi Court features classic architecture and vintage details that appeal to renters seeking historic charm combined with modern convenience. The property includes spacious one- and two-bedroom floor plans, original hardwood floors, abundant natural light, on-site laundry facilities, and lush, well-maintained courtyard.
The property is located between NW 21st and NW 23rd Avenues, well-known shopping corridors in NW Portland. Roxi Court is just a short walk from popular dining, shopping, and entertainment options. Residents have immediate access to downtown, the Pearl District, and major employers via nearby streetcar and bus lines. Roxi Court’s irreplaceable location and lasting, vintage appeal make it a compelling choice for investors looking for long-term cash flow and asset appreciation in one of Portland’s most desirable urban neighborhoods.