The Camelia Townhouse Apartments, built in 1972, has 29 units located in 6 buildings spread over 1.5 Acres. This fully rented complex features Townhomes that have been updated over the years with new kitchen cabinets, flooring and newer vinyl windows in most of the apartments. Each of the 6 buildings have new roofs, installed in 2019, and every apartment has its own Washer & Dryer and is on a separate electrical meter. Camelia Townhomes have 25- 2 Bedroom 1.5 Bath, 930 sq ft apartments and 4- 3 Bedroom 1.5 Bath 1148 sq ft apartments, AND every Townhome comes with a dedicated parking space with 20 overflow spaces. On a Bus Line and close to multiple Parks, local services, shopping and restaurants, this 29 unit complex is priced under $130K per door.Below market rents offer top line growth opportunity.
Listing Provided Courtesy of Doug Landers, John L. Scott Portland Central
General Information
229614287
55
DOM
5
1.49 acres
4
27842
1972
R2a
Multnomah
R144042
Lincoln Park
Ron Russell
David Douglas
MultiFamily
DAGMAR AC, BLOCK 8, E 79.82' OF LOT 7 EXC PT IN ST, S 286.95' OF
Listing Provided Courtesy of Doug Landers, John L. Scott Portland Central
Krishna Realty data last checked: Jun 04, 2025 15:51 | Listing last modified May 30, 2025 07:47,
Source:
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Residence Information
27842
5
4
Composition
Assigned
2
1972
No
LapSiding, T111Siding
CrawlSpace
CrawlSpace
ConcretePerimeter
Features and Utilities
Electricity
Baseboard, WallHeater
PublicSewer
Electricity
Electricity
Financial
40337.95
0
Sewer,TrashCollection,Water
Cash,Conventional
04-10-2025
No
No
Comparable Information
55
55
Cash,Conventional
$3,750,000
$3,750,000
May 30, 2025 07:47
Schools
Elementary : Lincoln ParkN/ARatings Middle : Ron Russell N/ARatings High : David DouglasN/ARatings
Map
Listing courtesy of John L. Scott Portland Central.
The Camelia Townhouse Apartments, built in 1972, has 29 units located in 6 buildings spread over 1.5 Acres. This fully rented complex features Townhomes that have been updated over the years with new kitchen cabinets, flooring and newer vinyl windows in most of the apartments. Each of the 6 buildings have new roofs, installed in 2019, and every apartment has its own Washer & Dryer and is on a separate electrical meter. Camelia Townhomes have 25- 2 Bedroom 1.5 Bath, 930 sq ft apartments and 4- 3 Bedroom 1.5 Bath 1148 sq ft apartments, AND every Townhome comes with a dedicated parking space with 20 overflow spaces. On a Bus Line and close to multiple Parks, local services, shopping and restaurants, this 29 unit complex is priced under $130K per door.Below market rents offer top line growth opportunity.
