SOLD | 7606 SE Flavel St, Portland, OR 97206

Details
Price$691,326
Units6
Size3,614 SF
Acres0.74
Tax Lots2
ZoneR2
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Single level 6-plex in SE Portland, sitting on a large 0.74 acre lot. All units are 1-bedroom / 1-bath and have been recently remodeled. New flooring, cabinets, counters, paint, and gutters. Average rents at $1,082 with highest achieved at $1,206. Washer/Dryer Hookups in each unit. Newly landscaped with large off-street gravel parking lot. Located just East of Flavel Park and Whitman Elementary.

The subject property consists of 0.74 acres zoned R2 in SE Portland. Its immediate geographic proximity to Flavel Park and Whitman Elementary School provides excellent positioning for future multifamily development and demand. Coupled with its competitive price per square foot and current stable income, the property stands out as a prime candidate for those looking to invest in a growing neighborhood.

SMI Real Estate and Eric Swanson Broker Licensed in the State of Oregon represented the Seller in this transaction.

Eric’s Other Properties: