485 NE JESSUP ST, Portland, OR 97211

$1,995,000
9,860
SqFt

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List Price
$1,995,000
Price Change
▼ $2,500,000 1785543831
Days on Market
79
MLS#
792494151
Property Type
Multifamily
Sqft. of Residence
9,860
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland Northeast
Status
ACTIVE

Property Description

Six unit building in prime location in Vernon. Seller is willing to offer partial seller financing to help make the terms/ROI more desirable. Six units built as new construction in 2025. All units are 2BR/1BA, 685 s.f. Units are all rented on long-term leases. New construction units feature open floor plans, large windows, high end appliances, modern kitchens and tasteful finishes. Listing agent is seller. Call with any questions. 495 NE Jessup St, the second 6-plex building is also available for sale.

Additional Information

Tax Amount
$3,420
Year Built
2025
High School
Jefferson
Elementary School
MartinL King Jr
Middle School
Harriet Tubman
Living Area
9,860
Stories
3
Subdivision
VERNON/ALBERTA ARTS
Terms
Call Listing Agent, Cash, Contract, Conventional, Owner Will Carry
Cooling Description
Mini Split
Fuel Description
Electricity, Gas
Heating Description
Mini Split, Wall Heater
Hoa Rent Includes
Trash Collection
Hot Water Description
Electricity
Exterior Description
Cement Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
City
Parking
On Street
Security Or Entry
Handicap Access, Sidewalk
Parking Description
On Street
Road Surface
Concrete, Paved
Number Of Units Total
6
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1
Unit Type One Sq Ft
685
Unit Type One Units Total
6

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Kelly Right Real Estate of Portland, LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.