Listing price reflects a Portfolio of two properties, totaling 7 units, along with 2324 SW Cactus, See MLS#665770755 Properties are adjacent to one another.Welcome to the Cedar Hill Apartments, one of Portland's first reinforced concrete buildings. Designed by Architect Henry Hefty in the American Renaissance style in 1910. The Cedar Hill Apartments has 5 generously sized studio apartments, with oak hardwood floors, built-ins in the dining room, and remodeled kitchens & bathrooms respecting the 1910 era, between 2006-2008. Additionally during 2006-2008 the building received a new roof, updated electrical - including 5 meters, interior water lines plus 18 plumbing fixtures. The oil tank was just decommissioned to DEQ Standards by Soil Solutions. Owner pays garbage, water, sewer and gas for common hot water heater. Electrical is metered separately, heat is by radiant floors in kitchen and bath, plus zonal electrical heat. Laundry is common, coin-op machines owned by seller. Photos in RMLS are of apartment #3 are represent the interiors and layout of the other apartments.Detailed brochure with additional photos and floor plans available upon request, via email. Please see adjacent property included, a Duplex at 2324 SW Cactus MLS#665770755. The 2 properties have historically been owned as a package and seller doesn't want to sell them separately due to shared water & sewer line & some of the leases for SW Green also use the parking lot adjacent to the SW Cactus property. The Income/expenses shown reflect totals of both properties combined. However, property taxes reflect amount for each property. Both properties have had long-term tenants and great, solid rental history.Fabulous urban location: Located 650 feet away from Starbucks, Zupan's and Uptown Shopping. NW 23rd Ave is .25 of a mile away. Showings are available on Thursdays between 11-3 with 24 hour notice, otherwise showings of interiors are subject to accepted offer. PLEASE DO NOT DISTURB TENANTS.

This is an Active listing.

Broker Office Phone Number: 503-220-1144

Copyright © 2025Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.