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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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6940 SE Long St , Portland, OR 97035
$2,950,000
Est. Payment: $15,066.11/mo
21 Bed
15 Bath
9002 Sqft
Status: Active | Days on site: 1
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House Description

SELLER FINANCING NOW AVAILABLE. CALL BROKER FOR INFORMATION.Kern Park Apartments is an excellent opportunity to acquire a high-quality 2020-construction apartment building in Southeast Portland. Located at 6940 SE Long St, Kern Park Apartments is a 15-unit asset with a balanced units mix featuring nine (9) one-bed/one-bath units and six (6) two-bed/ one-bath units. The efficient unit layouts and modern finishes offer residents a clean, comfortableliving environment in an actively growing submarket.The building showcases the benefits of newer construction: fully sprinkled, separately metered, and built with durable, high-quality, sound-dampening materials. Systems and interiors reflect a “builtto- hold” standard rather than value-engineered construction, giving the property lower operating intensity compared to older competing stock. Residents enjoy contemporary interiors including stainless steel appliances, quartz countertops, modern cabinets, LVP flooring, and quality fixtures. All units have in-unit washers and dryers..With stabilized operations, limited to no deferred maintenance, and a location benefiting from continued neighborhood improvement, 6940 SE Long St represents a rare chance to acquire a modern, low-maintenance asset in one of Southeast Portland’s most promising growth pockets.

Highlights

Listed by Jude Soldati , 503-799-4264 SMI Commercial Real Estate LLC , 503-390-6060. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

2020

County

Multnomah

Area

143 - Portland Southeast

Listing ID

495498306

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:21
  • Bathrooms:15
  • Full Bathrooms:15
Water:Public Water

Exterior Features

Zoning:CM2
Others:
  • Additional:Approximately
Sewer:Public Sewer
Principal Interest
$15,066
Taxes
$2,644

Home Price

$2,950,000

Loan Details

30 yrs
6.596%

Down Payment

20%
$590,000
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:
$15,066.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $15,066.11 $2,644.17 $0.00 $17,710.28
Yearly $180,793.36 $31,730.05 $0.00 $212,523.41
Total $5,423,800.86 $951,901.50 $0.00 $6,375,702.36

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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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: 2026-09-07T13:53:59.000Z

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