$750,000 | 5 units | NE Portland

4384

Property ID

4020 SqFt

Size

Description

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.

Address

Address: 4620 NE Portland Hwy, Portland, OR 97218, USA
  • Province / State: Oregon
  • City / Town: Portland
  • Postal code / ZIP: 97218
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  • Property ID 4384
  • Price $750,000
  • Property Type Multifamily
  • Property status For Sale
  • Year Built 1974
  • Size 4020 SqFt
  • Land area .29 Acres
  • Number of Units 5

Map View

Contact

Lindsey Zehel

Property Seller
(971) 888-4010
Lindsey@imgnorthwest.com
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