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Investment Highlights

  • 100% leased mixed-use building
  • Four 1 bedroom & three studio apartments
  • Average daily traffic: 8,918
  • 3,498 SF retail restaurant & 3,136 SF multifamily
  • Updated roof, HVAC, and paint

Executive Summary

100% occupied mixed-use building in Southeast Portland's Foster-Powell neighborhood. The ground floor is anchored by Bar Carlo, a well-established neighborhood restaurant and popular brunch destination with nearly 20 years of continuous tenancy. The long-term commercial occupancy speaks to the property's strong location and community presence.
Above, seven residential units — a mix of studios and one-bedrooms — have several long-term tenants with low turnover. The building is very well maintained, featuring a newer roof, fresh exterior paint, and updated HVAC systems.

Property Facts

Price $2,150,914 CAD
Price Per Unit $268,864 CAD
Sale Type Investment
Cap Rate 6.77%
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.08 AC
Building Size 6,634 SF
Average Occupancy 100%
No. Stories 2
Year Built 1922
Zoning CM2

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 $1,485 CAD 448
Studios 2 $1,297 CAD 448
Exceptionally walkable
90/100
Fairly drivable
50/100
Some public transit
50/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
R108460
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$537,333 CAD
  • Listing ID: 40248612

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 6433 SE Foster Rd, Portland, OR 97206

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