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8057 SE 19th Ave 2 Unit Apartment Building $1,522,653 CAD ($761,327 CAD/Unit) 5.27% Cap Rate Portland, OR 97202



Investment Highlights
- Located in the heart of Sellwood-Moreland
- Separate Private Entrances for units
- Modern Style
Executive Summary
Located in Portland’s highly desirable Sellwood-Moreland neighborhood, this newer-construction mixed-use residential investment opportunity combines strong in-place income with long-term upside in one of the city’s most walkable and sought-after submarkets. The property features a contemporary primary residence plus a separately accessed attached ADU, creating flexible owner-occupant or pure investment potential. The main residence offers 4 bedrooms and 2.5 bathrooms with premium modern finishes, expansive floor-to-ceiling windows, open-concept living, covered deck, attached garage, and sweeping Portland views. The attached ground-level ADU includes 1 bedroom, 1 bathroom, full kitchen, laundry, and private entrance, providing an additional income stream and strong tenant appeal. Current investment metrics include a 17.35 GRM and a 5.27% cap rate. The ADU will be available for showing beginning June 1, 2026. Situated near Sellwood’s vibrant retail corridor, parks, restaurants, and riverfront amenities, the property benefits from excellent walkability, strong rental demand, and proximity to downtown Portland. A rare opportunity to acquire a modern, income-producing asset in one of Portland’s most established and supply-constrained neighborhoods.
Financial Summary (Actual - 2025) 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 - 2025) 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 | $1,522,653 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $761,327 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.27% | Building Size | 3,130 SF |
| Gross Rent Multiplier | 17.35 | Average Occupancy | 50% |
| No. Units | 2 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2020 |
| Property Subtype | Apartment | Parking Ratio | 0.64/1,000 SF |
| Zoning | RM1 - Residential Multi-Dwelling 1. Low-scale multi-family zone. | ||
| Price | $1,522,653 CAD |
| Price Per Unit | $761,327 CAD |
| Sale Type | Investment |
| Cap Rate | 5.27% |
| Gross Rent Multiplier | 17.35 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 3,130 SF |
| Average Occupancy | 50% |
| No. Stories | 3 |
| Year Built | 2020 |
| Parking Ratio | 0.64/1,000 SF |
| Zoning | RM1 - Residential Multi-Dwelling 1. Low-scale multi-family zone. |
Amenities
Site Amenities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $2,346 CAD | 621 |
| 4+2.5 | 1 | $5,537 CAD | 2,509 |
1 1
Moderately walkable
70/100
Fairly drivable
50/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | R267798 | Total Assessment | $495,616 CAD |
| Land Assessment | $0 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
R267798
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$495,616 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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8057 SE 19th Ave
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