OR > Portland > Reed-Woodstock
Portland, OR 97202,2720 SE STEELE ST
Portland, OR 97202,2720 SE STEELE ST
Portland, OR 97202,2720 SE STEELE ST
Portland, OR 97202,2720 SE STEELE ST
Portland, OR 97202,2720 SE STEELE ST
Portland, OR 97202,2720 SE STEELE ST
Andre Hage
Andre Hage

Agent | License ID: 201232609

+1(425) 923-7823

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Listed by John L. Scott Portland Central • neportland@johnlscott.com
Bought with Century 21 North Homes Realty

$ 2,100,000

$ 2,349,950 10.6%

Est. payment | /mo

6,560 SqFt

$ 2,100,000

$ 2,349,950 10.6%

Est. payment | /mo

6,560 SqFt

Key Details

Sold Price $2,100,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,560 sqft

Price per Sqft $320

Subdivision Reed/Woodstock

MLS Listing ID 776111041

Sold Date 05/21/25

Year Built 2020

Annual Tax Amount $15,391

Tax Year 2024

Lot Size 3,920 Sqft

Property Description

Prime Investment Opportunity – Modern 7-Unit Walk-Up in the Reed NeighborhoodIntroducing a rare chance to own a newly constructed (2020) 7-unit apartment building in the highly desirable Reed neighborhood, just steps from Reed College. This turnkey asset combines contemporary design, a prime location, and strong financial performance, making it an ideal addition to any investor's portfolio. Built in 2020, the property features energy-efficient systems, premium finishes, and low-maintenance construction, ensuring long-term durability and designed to offer spacious layouts . Situated within walking distance of Reed College and public transportation, the property benefits from consistent tenant demand and competitive rental income. With high occupancy rates this asset provides immediate cash flow and stable returns.Don't miss this opportunity to secure a high-performing, low-maintenance property in one of the city's most coveted neighborhoods.

Location

State OR

County Multnomah

Area _143

Zoning CE

Rooms

Basement None

Interior

Heating Baseboard, Wall Heater

Cooling Wall Unit

Exterior

Roof Type Flat

Garage No

Building

Lot Description Corner Lot, Level

Story 3

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Grout

Middle Schools Hosford

High Schools Cleveland

Others

Acceptable Financing CallListingAgent, Conventional, Other

Listing Terms CallListingAgent, Conventional, Other

Regional Multiple Listing Service (RMLS)
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+1(425) 923-7823

andrehage@oregonhomes.life

16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224

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2720 SE STEELE ST