$3750000
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5 Bed
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4 Bath
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27842 SqFt
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74 DOM
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Built: 1972
- Status: Active
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The Camelia Townhouse Apartments, built in 1972, has 29 units located in 6 buildings spread over 1.5 Acres. This fully rented complex features Townhomes that have been updated over the years with new kitchen cabinets, flooring and newer vinyl windows in most of the apartments. Each of the 6 buildings have new roofs, installed in 2019, and every apartment has its own Washer & Dryer and is on a separate electrical meter. Camelia Townhomes have 25- 2 Bedroom 1.5 Bath, 930 sq ft apartments and 4- 3 Bedroom 1.5 Bath 1148 sq ft apartments, AND every Townhome comes with a dedicated parking space with 20 overflow spaces. On a Bus Line and close to multiple Parks, local services, shopping and restaurants, this 29 unit complex is priced under $130K per door.Below market rents offer top line growth opportunity.
Listing Provided Courtesy of Doug Landers, John L. Scott Portland Central
General Information
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229614287
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74 DOM
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5
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1.49 acres
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4
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27842
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1972
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R2a
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Multnomah
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R144042
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Lincoln Park
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Ron Russell
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David Douglas
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MultiFamily
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DAGMAR AC, BLOCK 8, E 79.82' OF LOT 7 EXC PT IN ST, S 286.95' OF
Listing Provided Courtesy of Doug Landers, John L. Scott Portland Central
PDXA1 Realty Group data last checked: Jul 05, 2025 01:54 | Listing last modified Jun 23, 2025 11:53,
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Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
— Jagathishp
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
— Ramren Garajan
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