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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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611 SE 139th Ave , Portland, OR 97233
$1,925,000
Est. Payment: $9,679.22/mo
24 Bed
12 Bath
10180 Sqft
Status: pending | Days on site: 42
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Walnut Manor Apartments is a well-maintained 12-unit multifamily community located at 611 SE 139th Avenue in Portland’s Hazelwood neighborhood of SE Portland. Constructed in 1968, the property consists entirely of spacious single-level two-bedroom units, offering residents an attractive low-density living environment that is increasingly rare among comparable vintage apartment communities in the Portland market. Situated on approximately 0.75 acres, the property benefits from an efficient site layout with ample off-street parking and strong overall curb appeal.The community features twelve large 2-bedroom/1-bath floorplans, including eleven units at approximately 830 square feet and one unit at approximately 900 square feet. Each apartment includes private fenced patio areas, washer/dryer hookups with owner-provided appliances, ductless mini-split heating and air conditioning systems, and double-pane vinyl windows. Interior finishes throughout the property include a combination of bamboo flooring and luxury vinyl plank flooring in nearly all units, contributing to strong resident appeal and long-term tenant retention.The units offer bright, comfortable living spaces with abundant natural light, clean neutral finishes, and functional layouts that appeal to a broad tenant base. Spacious kitchens feature ample cabinet storage and full appliance packages, while sliding glass doors provide direct access to private outdoor patio spaces, creating an attractive blend of indoor and outdoor living rarely found in comparable vintage product.Current ownership has completed several meaningful capital improvements over time, including a full roof replacement in 2017 and complete gutter replacement in 2024. Ownership also participated in Energy Trust of Oregon efficiency programs, resulting in upgraded insulation, vinyl windows, and additional energy-efficiency improvements throughout the property. Unit interiors have also been thoughtfully upgraded during turnover periods.

Highlights

Listed by Phillip Barry , 503-593-9707 Barry Investment Real Estate , 503-593-9707. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.76

Year Built

1968

County

Multnomah

Area

143 - Portland Southeast

Neighborhood

Hazelwood

Listing ID

756370414

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:24
  • Bathrooms:12
  • Full Bathrooms:12
Air Cond:MiniSplit
Fireplaces:
Other:Public Water

Exterior Features

Lot:Level
Garage Capacity:24
Zoning:R3
Roof:Composition
Sewer:Public Sewer
Parking Features:Off Street,Open
Principal Interest
$9,679
Taxes
$1,829

Home Price

$1,925,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$385,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,679.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,679.22 $1,828.75 $0.00 $11,507.97
Yearly $116,150.66 $21,944.98 $0.00 $138,095.64
Total $3,484,519.87 $658,349.40 $0.00 $4,142,869.27

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated: 2026-07-24T03:19:25.000Z

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