Active

405 NE MASON ST

Portland OR, 97211

$10,268,000


$376.95 per sqft

Active

1 Bed

3 Baths

27,240 sqft

Multi-family

Built in 2014

Courtesy of Keller Williams Realty Portland Premiere 360-719-9141

Welcome to the epitome of urban living in this 36-unit apartment complex nestled in the heart of a vibrant North Portland neighborhood. Location is key, and this complex is strategically situated close to public transportation, ensuring easy connectivity to all corners of the city. Residents will find themselves just steps away from an array of shops, trendy eateries, and cultural hotspots. OMSI and MODA Center are just a stone's throw away. Additionally, the proximity to a major employer adds to the allure of this prime location.Each of the 36 units has been meticulously designed to offer a contemporary and comfortable living space. The interior features showcase a harmonious blend of style and functionality, with wood floors adding a touch of warmth to the living areas. Stainless steel appliances in the kitchen provide a sleek and modern aesthetic, while the inclusion of air conditioning ensures year-round comfort.One of the standout features of every unit is the convenience of having a Washer & Dryer within the living space. Residents can enjoy the luxury of doing laundry without leaving the comfort of their home, adding to the overall appeal and practicality of these units.Large windows not only frame scenic views of the surrounding neighborhood but also contribute to a sense of spaciousness, natural light floods in making these apartments feel like true urban sanctuaries.Beyond the residential units, the complex features two retail spaces, offering additional revenue potential or the chance to curate a vibrant community hub within the property. This property is part of a portfolio known for its impressive almost 100% occupancy rates. Acquiring a piece of this portfolio presents a rare opportunity to tap into a consistent and reliable income.Please reach out today for more information. We look forward to discussing this with you.

24640157

MLS ID

January 31, 2024

Listed

May 9, 2024

Updated

Map

405 NE MASON ST
Portland OR, 97211

Interior Features

Total Stories

5


Bedrooms

1


Total Bathrooms

3


Fireplace

No


Cooling

Yes


Cooling Description

Energy Star Air Conditioning, Mini Split


Heating

Yes


Heating Description

Mini Split

Exterior/Building Features

Lot Features

Level


Sewer

Public Sewer

School Information

High School

Grant


Elementary School

Sabin

Other Property Details

Area Name

_142


Taxes

$86,119


Tax Frequency

Annually


Days on Market

6


Garage

No


Parking

Covered, Garage


View

Yes


View Description

City


County

Multnomah


Water Source

Public Water


Pool

No


Zoning

RH


Buyer Agency Compensation

2.25%

Courtesy of Keller Williams Realty Portland Premiere, Ramona Locken
Listing Contact: 360-719-9141 

All information provided is deemed reliable, but is not guaranteed and should be independently verified. Listing information is provided exclusively for consumers’ personal, non‐commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLS™. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jennifer Fidler shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Cadwell Realty Group are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers.

This content last updated on 5/9/2024, 10:07 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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