$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
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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 26, 2025 01:15 | Listing last modified Jun 23, 2025 11:53,
Source:
Residence Information
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27842
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5
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4
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Composition
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Assigned
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2
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1972
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No
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LapSiding, T111Siding
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CrawlSpace
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CrawlSpace
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ConcretePerimeter
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Features and Utilities
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Electricity
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Baseboard, WallHeater
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PublicSewer
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Electricity
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Electricity
Financial
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40337.95
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0
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Sewer,TrashCollection,Water
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-
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Cash,Conventional
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04-10-2025
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No
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No
Comparable Information
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74
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107
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Cash,Conventional
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$3,750,000
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$3,750,000
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Jun 23, 2025 11:53
Schools
Map
Listing courtesy of John L. Scott Portland Central.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Jul 26, 2025 01:15 | Listing last modified Jun 23, 2025 11:53.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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