Cambridge-Trinity & Trinity Plaza 2 Multifamily Properties Offered at $9,003,684 CAD in Portland, OR

The Cambridge-Trinity & Trinity Plaza Apartments, built in 1908 and 1910, are three adjacent communities with 80 units in Northwest Portland’s Alphabet District. They offer budget-friendly living with historic charm in one of the city’s most vibrant neighborhoods.
The sellers recently introduced professional third-party management after many years of self-managing the buildings– where they often struggled to keep up with normal turnover, leasing and market rents. The buildings would benefit from continued professional oversight, and value can be added with a refresh of interior finishes and market rental rates.
The Cambridge-Trinity Apartments include two connected buildings with 49 residential units and four retail spaces on West Burnside Street. Trinity Plaza, across a shared private courtyard, houses 30 residential units.
Located in NW Portland’s vibrant Alphabet District, the buildings are steps from Northwest 21st and 23rd Avenues’ dining, shopping, and entertainment. Providence Park, home to the Portland Timbers and Thorns professional soccer teams, is directly across the street.
With easy access to downtown, Portland State University, and outdoor attractions, tenants enjoy immediate proximity to Forest Park—one of the nation’s largest urban forests— and Washington Park, home to scenic trails, the International Rose Test Garden and the Portland Japanese Garden.