Orleans Apartments & Retail – SOLD

  • $5,650,000
723-737 E Burnside Street, Portland, Oregon 97214
  • Apartment Building
  • Property Type
  • 1909
  • Year Built
Sold

Orleans Apartments & Retail – SOLD

723-737 E Burnside Street, Portland, Oregon 97214
  • $5,650,000

Description

  • Historic Mixed-Use Building in the Red Hot East Burn Neighborhood!
  • Located Across the Street from the Iconic Jupiter Hotel & Doug Fir Venue;
  • Exceptional Restaurant, Nightlife & Employment Opportunities Nearby;
  • Apartments & Retail with Generous Floor Plans & Lots of Light;
  • Hard to Find Attached Surface Parking Lot;
  • Long Term Owner/Manager, Well Maintained Building;
  • Upside by Rent Leveling and the Implementation of Triple Net Charges, Utility Fees and Parking Fees;

Property Documents

AptsNW_Orleans_sold
  • Address 723-737 E Burnside Street
  • City Portland
  • Zip/Postal Code 97214
  • Area E Portland

Details

Updated on April 3, 2024 at 4:33 pm
  • Price: $5,650,000
  • Year Built: 1909
  • Property Type: Apartment Building
  • Property Status: Sold

Additional details

  • Units: 31 Apartments + 4 Retail
  • Cap rate: 4.91%

What's Nearby?

Arts & Entertainment
Dark Star Magick (0 mi)
Exceptional 5 reviews
Oko (0.01 mi)
Exceptional 12 reviews
Julia Barbee Studio (0.03 mi)
Exceptional 1 reviews
Education
NW Dance Project (0.14 mi)
Good 10 reviews
Stumptown Dance (0.15 mi)
Good 4 reviews
Portland Bass Lessons Unlimited (0.15 mi)
Exceptional 3 reviews
Food
Grendel's Coffee House (0.01 mi)
Good 196 reviews
Le Pigeon (0.03 mi)
Good 1398 reviews
Canard (0.03 mi)
Good 532 reviews
Restaurants
Le Pigeon (0.03 mi)
Good 1398 reviews
Canard (0.03 mi)
Good 532 reviews
Dimo's Apizza (0.03 mi)
Good 243 reviews

Contact Information

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Apartments Northwest, LLC

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