8300 SE Flavel ST, Portland, OR 97266
- $2,000,000
- 6,070
- SqFt
- List Price
- $2,000,000
- Days on Market
- 58
- MLS#
- 244619036
- Property Type
- Multifamily
- Sqft. of Residence
- 6,070
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Portland Southeast
- Status
- ACTIVE
Property Description
Introducing a six-unit apartment community located in Portland's growing Lents neighborhood. Built in 2019, the property offers investors a rare opportunity to acquire a newer-construction multifamily asset comprised entirely of spacious two-bedroom apartment homes.The property features six well-designed 2-bedroom, 1-bathroom units totaling approximately 6,014 rentable square feet within a 6,070-square-foot building. With an average unit size exceeding 1,000 square feet, the apartments provide residents with larger-than-average floor plans that continue to experience strong demand among renters seeking additional living space.Each residence is equipped with in-unit washers and dryers, providing a highly desirable amenity that enhances resident convenience and supports tenant retention. The property also offers seven off-street parking spaces, providing ample parking for residents and guests.Situated on a 12,524-square-foot lot (0.29 acres), the asset benefits from a low-density site layout and attractive residential setting. Constructed in 2019, the property offers investors the advantages of modern construction, reduced near-term capital expenditure requirements, and contemporary design features sought by today's renters.Located minutes from Lents Town Center, Lents Park, the Springwater Corridor Trail, and major transportation corridors including Interstate 205, the property provides residents with convenient access to employment centers, retail services, public transit, and outdoor recreation throughout the Portland metropolitan area.Property Highlights• Built in 2019• Six spacious 2-bedroom / 1-bathroom apartments• 6,014 rentable square feet• Average unit size of approximately 1,002 square feet• In-unit washers and dryers in every apartment• Seven off-street parking spaces• Large 12,524 SF (0.29-acre) site• Modern construction with limited near-term capital needs
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Additional Information
- Tax Amount
- $19,885
- Year Built
- 2020
- High School
- Franklin
- Elementary School
- Kelly
- Middle School
- Lane
- Acres
- 0.29
- Living Area
- 6,070
- Stories
- 2
- Subdivision
- LENTS
- Terms
- Cash, Conventional
- Cooling Description
- Mini Split
- Fuel Description
- Electricity
- Heating Description
- Mini Split, Wall Heater
- Hoa Rent Includes
- Maintenance Grounds, Sewer, Trash Collection, Water
- Hot Water Description
- Electricity
- Exterior Description
- Cement Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Assigned, Open
- Security Or Entry
- None
- Parking Description
- Assigned, Open
- Road Surface
- Paved
- Number Of Units Total
- 6
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1700
- Unit Type One Sq Ft
- 990
- Unit Type One Units Total
- 4
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 2
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Listing courtesy of Rarebird Real Estate.
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