Prime investment opportunity!!! Fully rented 9-plex in thriving area with development potential. This fully rented 9-plex apartment building presents a compelling investment opportunity, boasting a desirable location in an up-and-coming area with strong rental demand. Exceptional location situated within a thriving economic corridor, the property offers easy access to shopping, transit, and amenities, appealing to a wide range of renters. The area demonstrates high demand for rental properties, potentially including neighborhoods like Montavilla and Foster-Powell, known for their urban renewal and community appeal. The charming well-maintained building itself features common outdoor area, coin op laundry and ample parking. All situated on a level 0.52 acre lot that offers potential for additional units or future development, providing a valuable long-term asset.
Listing Provided Courtesy of Christopher Kuehl, ELEETE Real Estate
General Information
435583336
24
DOM
16
0.52 acres
9
7684
1971
R2A
Multnomah
R167829
Marysville
Kellogg
Franklin
MultiFamily
GARDENA, LOT 10, W 24.25' OF LOT 11
Listing Provided Courtesy of Christopher Kuehl, ELEETE Real Estate
Krishna Realty data last checked: Aug 30, 2025 23:07 | Listing last modified Aug 06, 2025 10:37,
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Residence Information
7684
16
9
Composition
Driveway,Paved
2
1971
No
Brick, LapSiding
CrawlSpace
CrawlSpace
ConcretePerimeter
Features and Utilities
WindowUnit
WallHeater
PublicSewer
Electricity
Financial
16467.12
Sewer,TrashCollection,Water
Cash,Conventional
08-06-2025
No
No
Comparable Information
24
24
Cash,Conventional
$1,550,000
$1,550,000
Aug 06, 2025 10:37
Schools
Elementary : MarysvilleN/ARatings Middle : Kellogg N/ARatings High : FranklinN/ARatings
Prime investment opportunity!!! Fully rented 9-plex in thriving area with development potential. This fully rented 9-plex apartment building presents a compelling investment opportunity, boasting a desirable location in an up-and-coming area with strong rental demand. Exceptional location situated within a thriving economic corridor, the property offers easy access to shopping, transit, and amenities, appealing to a wide range of renters. The area demonstrates high demand for rental properties, potentially including neighborhoods like Montavilla and Foster-Powell, known for their urban renewal and community appeal. The charming well-maintained building itself features common outdoor area, coin op laundry and ample parking. All situated on a level 0.52 acre lot that offers potential for additional units or future development, providing a valuable long-term asset.
