Maddy’s Depot is a garden-style multifamily property comprised of two buildings; one threeplex (flat)
and one duplex (townhomes). All units feature washer/dryer hookups (two including W/D), private
patios and 10x20SF yards. The Seller has completed upgrades, thus offering a nearly turnkey property
to the market; three unit interiors were substantially renovated in 2018. Located in the desirable Cully
neighborhood in Central Northeast Portland. Residents enjoy easy access to local restaurants, coffee
shops, and employment centers including Downtown Portland’s Central Business District and the
Portland Airport. Stable occupancy. Positioned to capitalize on Northeast Portland’s continued redevelopment.
Traffic count (NE Lombard at NE 47th Ave): 31K+. 327K+ employees within a 5-mile radius.
*Seller / LLC member is a Licensed Principal Broker.
- Province / State: Oregon
- City / Town: Portland
- Postal code / ZIP: 97218