$1,639,000

4024 Ne 6TH Ave, Portland, OR 97212

  • 12,247 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $134/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Date Added:
May 14, 2026
Data Last Updated:
August 6, 2026 at 2:42AM
Listing Office:
Barry Investment Real Estate : 503-593-9707
Listing Agent:
Phillip Barry : 503-593-9707
MLS ID:
263315632
  • Basement: Unfinished
  • A/C: None
  • Heating: Forced air
  • General: Wood siding
  • Parking: On street
  • Roofing: Composition
  • General: Block
  • Road/Access: Paved
  • Golf: Laundry
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Multnomah
  • Zoning: R2.5LINCOLN PK ANXBLOCK 17LOT 6&7R207445
  • View: View
  • Water: Public water
  • Sewer: Public sewer
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Phillip Barry , Barry Investment Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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