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For Sale

1626 SE ALDER STREET

1626 SE Alder Street | Portland, OR 97217

Property Details

Price$950,000
Available SF4,813
Property Size0.11 Acres

Supporting Documents

Description

  • County: Multnomah
  • Parcel Number: R114331
  • Zoning R2.5
  • Number of Units 7
  • Stories: 3
  • Parking: Off-Street

Highlights

  • Prime location in one of Portland’s most walkable and desirable neighborhoods
  • Historic character and architectural appeal that stand out in the rental market
  • Strong rental demand with consistent occupancy in the submarket
  • Additional income from two rentable garages
  • Additional storage spaces provided to tenants
  • Proximity to popular dining, shopping, and entertainment districts on Belmont and Hawthorne
  • Easy access to downtown, public transit, and bike routes
  • Opportunity for value-add improvements to increase rents and property value
  • Long-term appreciation potential in a dynamic Portland neighborhood with growing appeal

Brokers