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Historic Cedar Hill Apartments with Updated Interiors in Portland

USD $1,745,000
839 Southwest Green Avenue, Portland, Oregon, 97205, USA
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Property Highlights

  • Historic reinforced concrete building
  • Remodeled kitchens and bathrooms
  • Oak hardwood floors and built-ins
  • New roof and updated electrical
  • Radiant floor heating in kitchen and bath
  • Prime urban location near shops and cafes

Overview

Listing price reflects a Portfolio of two properties, totaling 7 units, along with 2324 SW Cactus, See MLS#665770755 Properties are adjacent to one another.Welcome to the Cedar Hill Apartments, one of Portland's first reinforced concrete buildings. Designed by Architect Henry Hefty in the American Renaissance style in 1910. The Cedar Hill Apartments has 5 generously sized studio apartments, with oak hardwood floors, built-ins in the dining room, and remodeled kitchens & bathrooms respecting the 1910 era, between 2006-2008. Additionally during 2006-2008 the building received a new roof, updated electrical - including 5 meters, interior water lines plus 18 plumbing fixtures. The oil tank was just decommissioned to DEQ Standards by Soil Solutions. Owner pays garbage, water, sewer and gas for common hot water heater. Electrical is metered separately, heat is by radiant floors in kitchen and bath, plus zonal electrical heat. Laundry is common, coin-op machines owned by seller. Photos in RMLS are of apartment #3 are represent the interiors and layout of the other apartments.Detailed brochure with additional photos and floor plans available upon request, via email. Please see adjacent property included, a Duplex at 2324 SW Cactus MLS#665770755. The 2 properties have historically been owned as a package and seller doesn't want to sell them separately due to shared water & sewer line & some of the leases for SW Green also use the parking lot adjacent to the SW Cactus property. The Income/expenses shown reflect totals of both properties combined. However, property taxes reflect amount for each property. Both properties have had long-term tenants and great, solid rental history.Fabulous urban location: Located 650 feet away from Starbucks, Zupan's and Uptown Shopping. NW 23rd Ave is .25 of a mile away. Showings are available on Thursdays between 11-3 with 24 hour notice, otherwise showings of interiors are subject to accepted offer. PLEASE DO NOT DISTURB TENANTS.
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Property Features

839 Southwest Green Avenue, Portland, Oregon, 97205, USA offers the following features:

Bathrooms: 5 Full
Living Area: 3321sf
Property Type: Multifamily
Status: Active
Reference ID: 175139492

What's Nearby

Local businesses near 839 Southwest Green Avenue, Portland, Oregon, 97205, USA:

Gym: < 1 mile
Grocery/Shopping Center: < 1 mile
Public Transportation: < 1 mile
School: < 1 mile
Hospital: < 1 mile
Police Station: < 1 mile

Map

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Listed by: Dan Volkmer