For Sale

Parke Place Apartments

5012 NE Cleveland, Portland, OR 97211

Unique investment opportunity! Garden style apartment in Portland OR

Parke Place apartments is a multi-family commercial property available for sale. Well maintained with plenty of vintage charm and located near the Alberta Arts district. This great unit mix is an excellent long term commercial real estate investment. 

Built in 1911, this commercial property is comprised of 0.23 acres. Unites include period finishes, hardwood floors and built-ins. A wood-frame construction over a full basement space, the long-term income upside exists through stabilizing rents near market levels and reinforcing utility billback program.

Located at 5012 NE Cleveland Ave in 'close-in' NE Portland OR, this apartment building is located near transit lines and within walking distance of some of Portland's most eclectic cuisine, pubs and retail. 

Location

Portland - Northeast Portland

Construction Status

Existing

NE Portland apartment building for sale
commercial property for sale Portland OR
investment opportunity Portland OR

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© 2022 NAI Elliott - All Rights Reserved

© 2022 NAI Elliott - All Rights Reserved

© 2022 NAI Elliott - All Rights Reserved

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