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SE Portland Triplex 2236 SE 89th Ave 3 Unit Apartment Building $939,330 CAD ($313,110 CAD/Unit) 5.66% Cap Rate Portland, OR 97216

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INVESTMENT HIGHLIGHTS

  • Townhome style units
  • Desirable location
  • with attached garage

EXECUTIVE SUMMARY

This is a fully rented 1997-built, townhouse-style Triplex on a low traffic flag lot.2 Bedrooms, 1 1/2 baths per unit each. Attached garages. Each unit has their own fenced backyard with private patio. New roof and well-maintained. Original-owner property is a solid income producer. In-place rents with additional upside. Super-convenient SE location.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $939,330 CAD
Price Per Unit $313,110 CAD
Sale Type Investment
Cap Rate 5.66%
Sale Condition 1031 Exchange
Gross Rent Multiplier 11.56
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 0.22 AC
Building Size 2,688 SF
Average Occupancy 100%
No. Stories 2
Year Built 1997
Zoning RM1

AMENITIES

UNIT AMENITIES

  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Refrigerator
  • Range

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Public Transportation
  • Walk-Up
  • Smoke Detector
Walk Score®
Very Walkable (70)
Bike Score®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38720334

  • Date on Market: 2025-12-09

  • Last Updated:

  • Address: 2236 SE 89th Ave, Portland, OR 97216

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