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About the Listing BIRE01 - PBARRY
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 Highlights
Status
Active
Days on Site
20
Property Type
Multi-Family
MLS ®
263315632
Year Built
1910
Total Square Footage
12,247
Lot/Acreage
0.23
Interior Details
- Bedrooms: 11
- Bathrooms: 11 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Zoning: R2.5
- Roof: Composition
- Others: Existing
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $6,442
- Taxes w/Assessments: N/A
- Tax/Property ID: R207445
- Tax Year: N/A
Payment Calculator
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Questions About..
4024 NE 6th Ave Portland, OR 97212
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