302 N BRIDGETON RD, Portland, OR 97217

$2,247,000
8,535
SqFt

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List Price
$2,247,000
Days on Market
69
MLS#
698798376
Property Type
Multifamily
Sqft. of Residence
8,535
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland North
Status
ACTIVE

Property Description

OWN SIX UNITS AND AN EXTRA BUILDABLE LOT FOR FREE AS A PACKAGE DEAL! Rare turnkey Portland riverfront investment opportunity featuring three modern townhomes each paired with a permitted attached ADU for a total of six income producing units. Built in 2021 and positioned in the sought after Bridgeton neighborhood near the Columbia River, marinas, yacht clubs, PDX, downtown Portland, and Vancouver, this unique portfolio offers flexible ownership and income strategies in one of Portland’s most distinctive waterfront communities. Each residence showcases contemporary architecture, soaring ceilings, oversized windows, designer kitchens with quartz countertops and stainless appliances, spacious outdoor living areas, attached garages, and high efficiency construction. ADUs are approved for short term rentals, creating additional flexibility for investors or owner occupants seeking supplemental income. The property was developed with individual fee simple parcels allowing the option to operate as a multifamily investment, sell units individually, or create a long term hold portfolio. A rare combination of modern design, location, scalability, and income potential.

Additional Information

Tax Amount
$28,324
Year Built
2021
High School
Jefferson
Elementary School
Faubion
Middle School
Faubion
Garage Spaces
6
Acres
0.17
Living Area
8,535
Stories
4
Subdivision
BRIDGETON NEIGHBORHOOD
Terms
Cash, Conventional, FHA, VA Loan
Cooling Description
Central Air
Fuel Description
Electricity, Gas
Heating Description
Ductless, Heat Pump, Mini Split
Hoa Rent Includes
None
Hot Water Description
Gas, Tank
Exterior Description
Board & Batten Siding, Cement Siding, Lap Siding, Stone
Roof Type
Composition
Sewer Description
Public Sewer
Waterfront Description
River Front
View
River
Parking
Driveway, Garage
Waterfront
Yes
Security Or Entry
Fire Sprinkler System, Sidewalk
Parking Description
Driveway, Garage
Covenants/Restrictions
Yes
Road Surface
Paved
Number Of Units Total
6
Unit Type One Baths Total
3
Unit Type One Beds Total
3
Unit Type One Rent
2850
Unit Type One Sq Ft
1866
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Units Total
1
Unit Type Three Baths Total
3
Unit Type Three Beds Total
3
Unit Type Three Rent
3300
Unit Type Three Sq Ft
2308
Unit Type Three Units Total
1
Unit Type Four Baths Total
3
Unit Type Four Beds Total
3
Unit Type Four Rent
1950
Unit Type Four Sq Ft
820
Unit Type Four Units Total
1
Unit Type Five Rent
3000
Unit Type Five Sq Ft
1961
Unit Type Five Units Total
1

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Listing courtesy of Epique Realty.

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