904 SE 20TH AVE PORTLAND, OR 97214

Features

• Lot Size: 5081
• Total Units: 9
• Stories: 200
• Roof Type: Composition Shingle
• Heating: Yes
• Construction Type: Masonry
• Exterior Walls: Brick

Facts

• Year Built: 01/01/1923
• Property ID: 895408624
• MLS Number: 11292964
• Parcel Number: R130827
• Property Type: Multi-family (5 or more units)
• County: MULTNOMAH
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. The Kent Apartments is a centrally located vintage apartment community comprised of 9 units on the corner of SE 20th & Belmont, in the thriving Buckman neighborhood of Southeast Portland. The property was built in 1923, and has been meticulously maintained to meet today's standards, but has also placed an emphasis on honoring the historic period charm. The community is comprised of Nine (9) large 1-bedroom floorplans and has experienced strong demand over the years with a low vacancy history. On-site amenities include on-site Laundry, Storage, Secure entry, Bike parking and Renovated common area/hallways. The property has undergone extensive renovations over the past 12 years, including new roofing, conversion to gas heat, new central water heater, new exterior paint, new stairs/railings at the back of the building, upgraded interior units, exterior brick repairs/maintenance, and more. The asset is well positioned on a corner lot, and across the street from Colonel Summers Park & Community Gardens, which provides a unique and serene housing option in today's market. A rare opportunity to purchase a well-maintained historic property with strong operations in place, and room for growth.