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2720 SE STEELE ST
2720 SE STEELE ST
2720 SE STEELE ST
2720 SE STEELE ST
2720 SE STEELE ST
2720 SE STEELE ST
2720 SE STEELE ST
2720 SE STEELE ST
2720 SE STEELE ST
2720 SE STEELE ST
2720 SE STEELE ST
2720 SE STEELE ST
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$2,549,950

2720 SE STEELE ST

12 Beds 7 Baths 6,560 Sq.Ft.

Description

Prime Investment Opportunity - Modern 7-Unit Walk-Up in the Reed NeighborhoodIntroducing a rare chance to own a newly constructed (2020) 7-unit apartment building in the highly desirable Reed neighborhood, just steps from Reed College. This turnkey asset combines contemporary design, a prime location, and strong financial performance, making it an ideal addition to any investor's portfolio. Built in 2020, the property features energy-efficient systems, premium finishes, and low-maintenance construction, ensuring long-term durability and designed to offer spacious layouts . Situated within walking distance of Reed College and public transportation, the property benefits from consistent tenant demand and competitive rental income. With high occupancy rates this asset provides immediate cash flow and stable returns.Don't miss this opportunity to secure a high-performing, low-maintenance property in one of the city's most coveted neighborhoods.

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Location

2720 SE STEELE ST, Portland, OR 97202

Status

For Sale
Michael Smira

Michael Smira

TITLE

Broker | Creative Principal

Property Amenities

Interior
Total Bedrooms: 12
Full Bathrooms: 7
Area & Lot
Lot Area 3,920 Sq.Ft.
Living area 6,560 Sq.Ft.
MLS® ID 776111041
Year Built 2020
High School Cleveland
Middle School Hosford
Elementary School Grout
Type Multi-Family
Status For Sale
Exterior
Stories 3
Air conditioning Wall Unit
Heat type Baseboard, Wall Heater
Water Source Public Water
Security Features Entry, Fire Sprinkler System, Handicap Access, Security Gate
Sewer Public Sewer
Parking Off Street, Secured
Lot Features Corner Lot, Level
Roof Flat
Finance
Sales Price $2,549,950
Real Estate Tax $15,391 yearly
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Thank you for your interest in 2720 SE STEELE ST, Portland, OR 97202. We are reviewing your request and will be in touch shortly!

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Their strong work ethic, engaging personality, and unwavering desire to provide the highest level of service have placed them in top-tier status in production volume in just two years after becoming licensed as one of the top 100 real estate professionals in the area.