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Executive Summary

Riverview Heights presents a rare opportunity to acquire a 10-unit residential income property in one of the Portland Metro’s most desirable and supply-constrained communities.
The property’s most distinctive feature is its six separate tax lots, a structural advantage unavailable in conventional multifamily product. Units can be sold individually over time, repositioned as owner-occupied housing, or transferred as part of estate and succession planning, giving investors a built-in exit strategy that adds long-term optionality to near-term cash flow.
Each residence offers 3 bedrooms, 2 baths, private yards and decks, in-unit washer/dryer hookups, and dedicated parking — a combination that attracts stable, long-term tenants and supports below-market turnover. The uniform floor plan across all ten units keeps operations simple and management efficient.
Riverview Heights is the kind of asset that rarely trades: quality housing in a premier submarket, with the flexibility to hold for income, sell units individually, or transfer wealth to the next generation, entirely on your terms.

Property Facts

Price $3,521,200 CAD
Price Per Unit $352,120 CAD
Sale Type Investment
Cap Rate 6.25%
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.02 AC
Building Size 13,500 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1972/2016
Parking Ratio 1.19/1,000 SF
Zoning R4.5

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1.5 10 - 1,350
Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 00413966
  • 00413948
  • 00413957
  • 00413993
Land Assessment
$639 CAD
Improvements Assessment
$0 CAD
Total Assessment
$717,176 CAD
  • Listing ID: 41318207

  • Date on Market: 2026-07-16

  • Last Updated:

  • Address: 4355 Riverview Ave, West Linn, OR 97068

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