31st Ave Apartments
-
Residential Units: 6
Year Built: 1971
-
List Price: $1,240,000
Price Per Unit: $207,000
P/SF: $194
-
FOR SALE
Accepting Offers
Lead Advisor:
8102-8122 SW 31st Ave • Portland OR, 97219
This multifamily property at 8102–8122 SW 31st Ave in Portland, OR offers an exceptional investment opportunity as part of a two-property portfolio. Ideally located in the heart of Hillsdale, the property is within walking distance to neighborhood shops, restaurants, cafés, and community services. Residents benefit from easy access to I-5, Barbur Boulevard, and Capitol Highway, providing quick commutes to downtown Portland and major employment centers.
The property is also close to Gabriel Park, the Southwest Community Center, and several grocery options including New Seasons and Fred Meyer, enhancing tenant convenience and lifestyle appeal. Nestled in a quiet, residential neighborhood, the community enjoys strong tenant demand and long-term rental stability.
Recent capital improvements, including a new roof, updated electrical panels, and new water heaters, ensure reduced near-term maintenance costs. Each unit is also equipped with in-unit washers and dryers, providing a highly desirable amenity for tenants and further supporting rental competitiveness.