Terrace View Apartments
4405-4425 SE 15th Ave, Portland, OR 97202
Price$1,995,000
Number of Units11
Building Size7,728 sqft
Price/Unit$181,364
Property TypeMultifamily
Sub TypeTwo-Story
Cap Rate5.91%
Highlights
- Popular Floorplans — Popular ground level and upstairs style units featuring large built-ins for plentiful storage options
- Upgraded Units — Many units with interior upgrades such as LVP flooring, granite countertops, backsplashes and stainless steel appliances
- Plentiful Parking — Off-street parking for residents
- Great Location — High walkability & bike score
- Close to Local Amenities — Close proximity to area parks, local shopping amenities, transportation, etc.
Description
The Terrace View Apartments were built in 1970 and are comprised of 11 units — ten one-bed/one-bath and one two-bed/one-and-a-half-bath apartments. These units feature a spacious living area, large closets, and ample storage throughout.
One building, with wood-framed construction and a composition shingle roof, makes up the complex.
All new exterior paint 2023!
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