4024 NE 6TH AVE, Portland, OR 97212
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4024 NE 6TH AVE, Portland, OR 97212
4024 NE 6TH AVE, Portland, OR 97212
4024 NE 6TH AVE, Portland, OR 97212
4024 NE 6TH AVE, Portland, OR 97212
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Dr. Tony Kelly

Dr. Tony Kelly

+1(503) 753-7300
Listed by Barry Investment Real Estate
$ 1,495,000
Est. payment /mo
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Price Dropped by $144K

4024 NE 6TH AVE Portland, OR 97212

12,247 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,247 sqft

Price per Sqft $122

MLS Listing ID 263315632

HOA Y/N No

Year Built 1910

Annual Tax Amount $6,441

Tax Year 2025

Lot Size 10,018 Sqft

Property Description

The NE 6th Ave Apartments is an 11-unit multifamily asset located in Portland's desirable close-in Northeast submarket. Originally constructed in 1910, the property features classic early-20th century architecture with strong in-place income and attractive going-in fundamentals. The unit mix includes a combination of studios, one-bedroom, and larger two- and three-bedroom units, offering broad tenant appeal. As of April 2026, the property generates $15,405/month in rental income, with additional upside potential through operational efficiencies and organic rent growth. The asset includes a large unfinished basement and attic, providing potential for future revenue-generating improvements such as storage or bike parking, or other creative ideas (buyer to verify feasibility).Situated on a 0.23-acre lot, the property benefits from a unique, community-oriented setting with open space and garden areas - an uncommon feature for close-in Northeast Portland assets. The NE 6th Ave Apartments present investors with a stable, in-place income-producing opportunity at an attractive basis in one of Portland's most desirable rental locations.

Location

State OR

County Multnomah

Community Laundry

Area _142

Zoning R2.5

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Exterior

Community Features Laundry

View Park Greenbelt

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Block

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Sabin

Middle Schools Harriet Tubman

High Schools Jefferson

Others

Acceptable Financing CallListingAgent, Cash, Conventional

Listing Terms CallListingAgent, Cash, Conventional

Regional Multiple Listing Service (RMLS)
Dr. Tony Kelly

Dr. Tony Kelly

Principal Broker | Keller Williams Realty Portland Premiere License ID: Licensed in Oregon

+1(503) 753-7300

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4024 NE 6TH AVE