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Investment Highlights

  • Newer Construction Multifamily Asset
  • Walking Distance to Portland State, Under Armour and OHSU

Executive Summary

Medina Apartments - 2926 SW 4th Ave, Portland, OR 97239
Newer Construction Multifamily Asset | Walking Distance to Portland State, Under Armour and OHSU

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
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 - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
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 $6,615,990 CAD
Price Per Unit $254,461 CAD
Sale Type Investment
Cap Rate 5.44%
Gross Rent Multiplier 9.79
No. Units 26
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.19 AC
Building Size 27,465 SF
Average Occupancy 100%
No. Stories 3
Year Built 2013
Parking Ratio 0.91/1,000 SF
Zoning CM1

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Heating
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Office
  • Vinyl Flooring
  • Window Coverings

Site Amenities

  • Controlled Access
  • Waterfront
  • Bicycle Storage
  • Elevator
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 11 $1,888 CAD 380 - 400
1+1 13 $1,880 CAD 375 - 742
2+2 2 $2,889 CAD 931 - 947
Very walkable
80/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
R128915
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,880,229 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 39974368

  • Date on Market: 2026-03-31

  • Last Updated:

  • Address: 2926 SW 4th Ave, Portland, OR 97239

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