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614 SW Jackson St
Portland, OR 97201
Palladian · Multifamily Property For Sale
·
20 Units
EXECUTIVE SUMMARY
Introducing the Palladian Apartments, a 20-unit apartment community in
the heart of downtown Portland, OR. Built in 1928, the property’s studio
and one-bedroom apartments feature the charm of vintage finishes and
fixtures with the conveniences of close-by urban amenities. The units offer
historic features including Tiffany-style lamps, original crown and picture
molding, shaker-style hardwood cabinets with leaded-glass doors, hardwood
floors, and curved arch ceilings and walls from the Roaring 20s. The
apartments also include fully equipped kitchens, ceiling fans, individual heat,
and large closets. Essential community amenities include free Wi-Fi, laundry
facilities, bike storage, and controlled access entry.
Palladian Apartments enjoys a prime location in Downtown Portland,
offering residents immediate access to Portland State University, which
serves a student body of over 26,000 and employs 6,000 dedicated staff
and faculty members. With an impressive walk score of 95 and a Transit
score of 93, Palladian’s location one block away from the TriMet bus and
MAX light rail lines ensure convenient transportation options for residents.
the heart of downtown Portland, OR. Built in 1928, the property’s studio
and one-bedroom apartments feature the charm of vintage finishes and
fixtures with the conveniences of close-by urban amenities. The units offer
historic features including Tiffany-style lamps, original crown and picture
molding, shaker-style hardwood cabinets with leaded-glass doors, hardwood
floors, and curved arch ceilings and walls from the Roaring 20s. The
apartments also include fully equipped kitchens, ceiling fans, individual heat,
and large closets. Essential community amenities include free Wi-Fi, laundry
facilities, bike storage, and controlled access entry.
Palladian Apartments enjoys a prime location in Downtown Portland,
offering residents immediate access to Portland State University, which
serves a student body of over 26,000 and employs 6,000 dedicated staff
and faculty members. With an impressive walk score of 95 and a Transit
score of 93, Palladian’s location one block away from the TriMet bus and
MAX light rail lines ensure convenient transportation options for residents.
PROPERTY FACTS
| Price Per Unit | $165,089 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.51 AC |
| Cap Rate | 5.80% | Building Size | 9,396 SF |
| No. Units | 20 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1928 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | CXD, Portland | ||
| Price Per Unit | $165,089 CAD |
| Sale Type | Investment |
| Cap Rate | 5.80% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 9,396 SF |
| No. Stories | 3 |
| Year Built | 1928 |
| Opportunity Zone |
Yes |
| Zoning | CXD, Portland |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Bicycle Storage
- Community-Wide WiFi
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 16 | - | 430 |
| Studios | 2 | - | 588 |
| 1+1 | 2 | - | 675 |
PROPERTY TAXES
| Parcel Number | R246379 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,389,569 CAD |
PROPERTY TAXES
Parcel Number
R246379
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,389,569 CAD
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