8220 N EDISON ST, Portland, OR 97203

$1,650,000
7,500
SqFt

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List Price
$1,650,000
Price Change
▼ $75,000 1779398449
Days on Market
134
MLS#
177048273
Property Type
Multifamily
Sqft. of Residence
7,500
Lot Size
10, 000 to 14, 999 SqFt
Region
Portland North
Status
ACTIVE

Property Description

8220-8236 N Edison Street is an attractive opportunity to acquire a well-located 9-unit multifamily asset in one of North Portland’s most walkable and character rich neighborhoods. Positioned in the heart of St. Johns, the property benefits from strong rental demand driven by the area’s neighborhood amenities and iconic views of the St.Johns Bridge.The property offers a desirable living environment with on-siteparking, bike storage, and shared laundry facilities in one of Portland’s most distinctive neighborhoods. Located just minutes from the St. Johns commercial district, tenants enjoy walkable access to local coffee shops, restaurants, parks, and everyday retail amenities. Cathedral Park, the Willamette River waterfront, and multiple transit options are all nearby, creating a highly livable, pedestrian friendlysetting that continues to attract a diverse renter base.For investors, this offers a stable multifamily investment in asupply constrained submarket with strong fundamentals. St. Johnscontinues to experience steady population growth and increasingdemand for well located rental housing. The property’s manageablescale, attractive neighborhood setting, and classic Portland character create an appealing opportunity for both seasoned investors and those seeking to enter the Portland multifamily market.8220 N Edison offers a combination of location, livability, and long term upside within one of Portland’s most distinctive neighborhoods.

Additional Information

Tax Amount
$14,971
Year Built
1965
High School
Roosevelt
Elementary School
James John
Middle School
George
Acres
0.23
Living Area
7,500
Stories
3
Terms
Call Listing Agent, Cash, Contract, Conventional, Owner Will Carry
Cooling Description
Mini Split
Fuel Description
Electricity, Gas
Heating Description
Mini Split
Hoa Rent Includes
Sewer, Water
Hot Water Description
Gas
Exterior Description
Cement Siding
Roof Type
Shingle
Sewer Description
Public Sewer
Parking
Assigned
Security Or Entry
Security Gate
Parking Description
Assigned
Road Surface
Paved
Number Of Units Total
9
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1524
Unit Type One Sq Ft
750
Unit Type One Units Total
9

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Apex Residential.

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