4024 NE 6TH AVE, Portland, OR 97212
- $1,639,000
- 12,247
- SqFt
- List Price
- $1,639,000
- Days on Market
- 76
- MLS#
- 263315632
- Property Type
- Multifamily
- Sqft. of Residence
- 12,247
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Portland Northeast
- Status
- ACTIVE
Property Description
The NE 6th Ave Apartments is an 11-unit multifamily asset located in Portland’s desirable close-in Northeast submarket. Originally constructed in 1910, the property features classic early-20th century architecture with strong in-place income and attractive going-in fundamentals. The unit mix includes a combination of studios, one-bedroom, and larger two- and three-bedroom units, offering broad tenant appeal. As of April 2026, the property generates $15,405/month in rental income, with additional upside potential through operational efficiencies and organic rent growth. The asset includes a large unfinished basement and attic, providing potential for future revenue-generating improvements such as storage or bike parking, or other creative ideas (buyer to verify feasibility).Situated on a 0.23-acre lot, the property benefits from a unique, community-oriented setting with open space and garden areas - an uncommon feature for close-in Northeast Portland assets. The NE 6th Ave Apartments present investors with a stable, in-place income-producing opportunity at an attractive basis in one of Portland’s most desirable rental locations.
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Additional Information
- Tax Amount
- $6,441
- Year Built
- 1910
- High School
- Jefferson
- Elementary School
- Sabin
- Middle School
- Harriet Tubman
- Acres
- 0.23
- Living Area
- 12,247
- Stories
- 2
- Terms
- Call Listing Agent, Cash, Conventional
- Cooling Description
- None
- Fuel Description
- Gas
- Heating Description
- Forced Air
- Hoa Rent Includes
- Sewer, Trash Collection, Water
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Park/Greenbelt
- Parking
- On Street
- Parking Description
- On Street
- Road Surface
- Paved
- Number Of Units Total
- 11
- Unit Type One Baths Total
- 1
- Unit Type One Rent
- 1177
- Unit Type One Sq Ft
- 416
- Unit Type One Units Total
- 3
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 1
- Unit Type Two Units Total
- 6
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 2
- Unit Type Three Rent
- 1745
- Unit Type Three Sq Ft
- 700
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 1
- Unit Type Four Beds Total
- 3
- Unit Type Four Rent
- 1795
- Unit Type Four Sq Ft
- 852
- Unit Type Four Units Total
- 1
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Listing courtesy of Barry Investment Real Estate.
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