NW Pettygrove 13-Unit

1942 NW Pettygrove St, Portland, OR 97209

NW Pettygrove 13-Unit
Price$1,990,000
Number of Units13
Building Size4,464 sqft
Price/Unit$153,077
Property TypeMultifamily
Sub TypeThree-Story, Basement, Brick, Flat Roof
Cap Rate6.45%

Highlights

  • Popular Downtown Floorplans — Popular downtown studio floorplans achieving record rents
  • Upgraded Units — Many units with significant interior upgrades
  • Brick Throughout — Exposed brick interior walls
  • Laundry Available on Site — Laundry facility on site for additional income
  • Near Transit — On bus lines, near MAX light rail, and high walkability score
  • Close to Unique Neighborhoods — Close proximity to the trendy NW 23rd neighborhood
  • Natural Amenities — Complete renovation of backyard common area

Description

Built in 1912, this vintage NW Pettygrove 13-unit complex is a classic among the housing choices in NW Portland. The property is comprised of 13 studio apartments providing an average of 343 square feet of living space. Many units feature wood floors, exposed brick walls, and other vintage finishes. Approximately 75% of the units have undergone significant upgrades in the past year. Upgraded units feature stainless steel appliances, new countertops with glass tile backsplash, tiled showers, and gorgeous modern accents.

This building is brick construction with flat roof and vinyl windows. The property is located on a bus line and near MAX light rail, providing quick and easy access to schools, parks, shopping, and entertainment.

Contact Listing Broker

Grayson Pounder

503-680-4638

Grayson@PounderRealty.com

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