Investor Opportunity! This 8-unit apartment building is only 2 miles from the University of Oregon campus and boasts a 6.13% cap rate on current income. All units are 2-bed/1-bath, 648 sqft. Amenities include on-site laundry, 10 parking spots and shared balconies. Recent upgrades include new exterior paint, new flooring, new cabinets and updated bathrooms in select units. A new owner could recapture $4,800/year by implementing utility bill-backs. Don't miss out on this opportunity!
Listing Provided Courtesy of Ian Crist, Bridge Creek Realty
General Information
189796170
441
DOM
2
9583.2 SqFt
1
648
1968
MF
Lane
0265320
Kelly
MultiFamily
TL 01200
Listing Provided Courtesy of Ian Crist, Bridge Creek Realty
Krishna Realty data last checked: May 05, 2026 07:12 | Listing last modified Apr 14, 2026 21:26,
Source:
Investor Opportunity! This 8-unit apartment building is only 2 miles from the University of Oregon campus and boasts a 6.13% cap rate on current income. All units are 2-bed/1-bath, 648 sqft. Amenities include on-site laundry, 10 parking spots and shared balconies. Recent upgrades include new exterior paint, new flooring, new cabinets and updated bathrooms in select units. A new owner could recapture $4,800/year by implementing utility bill-backs. Don't miss out on this opportunity!
