312 NE MONROE ST, Portland, OR 97212
- $2,990,000
- 7,989
- SqFt
- List Price
- $2,990,000
- Price Change
- ▼ $290,000 1692920249
- Days on Market
- 74
- MLS#
- 23507420
- Property Type
- Multifamily
- Sqft. of Residence
- 7,989
- Lot Size
- 7, 000 to 9, 999 SqFt
- Region
- Portland North
- Status
- ACTIVE
Property Description
Introducing The Louie Apartments: A Modern Investment Opportunity in the Heart of North Eliot. Discover contemporary living in this exceptional 14-unit complex designed for the discerning investor. Boasting an array of desirable amenities, these apartments offer a sought-after combination of comfort and convenience. Each unit is equipped with in-unit washer and dryers, balconies to enjoy the surrounding views, elegant hardwood floors, efficient dishwashers, and sleek stainless steel appliances.Situated in the vibrant North Eliot neighborhood, this property enjoys proximity to an abundance of local attractions. Within walking distance, residents will find a plethora of shops, eateries, pubs, breweries, big box retail stores, and grocery options. Additionally, the renowned Emanuel Hospital, a significant employer in the Portland area, is just blocks away.Commuting is a breeze, thanks to the property's strategic location along the I-5 corridor, with easy access to I-405, I-84, and Hwy 26. This ensures a swift commute for tenants, offering convenience and saving valuable time. Moreover, the apartments are conveniently positioned on the TriMet bus line 6 Stop ID: 5939, providing effortless connectivity to the extensive mass transportation network throughout Portland.This exceptional investment opportunity includes not only The 12 unit Louie Apartments but also two other similar buildings, culminating in a total of 41 units. Don't miss your chance to capitalize on this promising venture. For more information, kindly contact our dedicated listing agent.
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Additional Information
- Tax Amount
- $30,386
- Year Built
- 2014
- Middle School
- Other
- Living Area
- 7,989
- Stories
- 3
- Subdivision
- North Eliot
- Terms
- Cash, Conventional
- Cooling Description
- Central Air
- Fuel Description
- Electricity
- Heating Description
- Baseboard
- Hoa Rent Includes
- None
- Hot Water Description
- Electricity
- Exterior Description
- Cement Siding, Lap Siding
- Sewer Description
- Public Sewer
- View
- City
- Parking
- Off Site
- Security Or Entry
- Entry
- Parking Description
- Off Site
- Road Surface
- Paved
- Number Of Units Total
- 12
- Unit Type One Baths Total
- 1
- Unit Type One Rent
- 1150
- Unit Type One Sq Ft
- 382
- Unit Type One Units Total
- 6
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 6
Mortgage Calculator
Listing courtesy of Keller Williams Realty Portland Premiere.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2023 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.