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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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8300 SE Flavel St , Portland, OR 97266
$2,000,000
Est. Payment: $10,056.33/mo
12 Bed
6 Bath
6070 Sqft
Status: active | Days on site: 48
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Introducing a six-unit apartment community located in Portland's growing Lents neighborhood. Built in 2019, the property offers investors a rare opportunity to acquire a newer-construction multifamily asset comprised entirely of spacious two-bedroom apartment homes.The property features six well-designed 2-bedroom, 1-bathroom units totaling approximately 6,014 rentable square feet within a 6,070-square-foot building. With an average unit size exceeding 1,000 square feet, the apartments provide residents with larger-than-average floor plans that continue to experience strong demand among renters seeking additional living space.Each residence is equipped with in-unit washers and dryers, providing a highly desirable amenity that enhances resident convenience and supports tenant retention. The property also offers seven off-street parking spaces, providing ample parking for residents and guests.Situated on a 12,524-square-foot lot (0.29 acres), the asset benefits from a low-density site layout and attractive residential setting. Constructed in 2019, the property offers investors the advantages of modern construction, reduced near-term capital expenditure requirements, and contemporary design features sought by today's renters.Located minutes from Lents Town Center, Lents Park, the Springwater Corridor Trail, and major transportation corridors including Interstate 205, the property provides residents with convenient access to employment centers, retail services, public transit, and outdoor recreation throughout the Portland metropolitan area.Property Highlights• Built in 2019• Six spacious 2-bedroom / 1-bathroom apartments• 6,014 rentable square feet• Average unit size of approximately 1,002 square feet• In-unit washers and dryers in every apartment• Seven off-street parking spaces• Large 12,524 SF (0.29-acre) site• Modern construction with limited near-term capital needs

Highlights

Listed by Benjamin Ficker , 971-273-5547 Rarebird Real Estate , 503-451-0545. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.29

Year Built

2020

County

Multnomah

Area

143 - Portland Southeast

Neighborhood

Lents

Listing ID

244619036

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:6
  • Full Bathrooms:6
Air Cond:MiniSplit
Fireplaces:
Basement:Crawl Space
Other:Public Water

Exterior Features

Lot:Level
Garage Capacity:7
Zoning:RM1
Roof:Composition
Others:Approximately
Sewer:Public Sewer
Parking Features:Assigned,Open
Principal Interest
$10,056
Taxes
$1,657

Home Price

$2,000,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$400,000
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:
$10,056.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,056.33 $1,657.11 $0.00 $11,713.45
Yearly $120,676.01 $19,885.34 $0.00 $140,561.35
Total $3,620,280.38 $596,560.20 $0.00 $4,216,840.58

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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