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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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1515 N Rosa Parks Way , Portland, OR 97217
$2,499,000
Est. Payment: $13,425.83/mo
8143 Sqft
0.12 Acres
Status: active | Days on site: 31
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WEVR01 - MARJORIE
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House Description

Actual monthly rent is $18,769 for October 2026, with 80% occupancy, anticipated to reach 100% by the end of October. C-Channel Lofts built in 2021, this contemporary, three-story, multi-use commercial building is located in North Portland's Arbor Lodge neighborhood and includes fourteen loft-style one-bedroom apartments and a commercial space.  The one-bedroom apartments range from 391 to 476 square feet.  Apartment features include engineered hardwood floors, custom cabinetry, built-in shelves, stainless steel appliances, wood-framed windows, tiled floors and showers, in-unit washer and dryer, tall ceilings, and ductless mini-splits.  Secure access with a courtyard and secure bike storage room; units 101 and 102 have backyards.   The building is located at the intersection of N Rosa Parks Way and N Interstate Ave, with the MAX station and New Season located on N Interstate Ave.  The building is in an ideal location transit, shops, restaurants, parks, and coffee shops.  Incredible bike score of 100%. Check out the distance to University of Portland and Adidas Village. Pro forma CAP Rate of 6.6%.

Highlights

Listed by Marjorie Wells , 503-502-9678 Legend Real Estate Services , 503-502-9678. Portland Regional Multiple Listing Service mls logo

Property Type

Commercial Sale

Lot/Acreage
0.12

Year Built

2021

County

Multnomah

Area

141 - Portland North

Listing ID

779988081

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Interior Features

Appliances:Sprinkler
Air Cond:MiniSplit
Fireplaces:
Water:Public Water

Exterior Features

Zoning:CM3
Roof:Membrane
Others:
  • ▪ Additional:Existing
Sewer:Public Sewer
Principal Interest
$13,426
Taxes
$3,015

Home Price

$2,499,000

Loan Details

30 yrs
7.093%

Down Payment

20%
$499,800
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:
$13,425.83

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,425.83 $3,015.13 $0.00 $16,440.96
Yearly $161,109.94 $36,181.61 $0.00 $197,291.55
Total $4,833,298.06 $1,085,448.30 $0.00 $5,918,746.36

Today's Rates

30 Year

7.09%

20 Year

6.88%

15 Year

6.42%

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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: 2026-10-23T08:56:30.000Z

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