405 NE Mason St, Portland, OR 97211
FOR SALE

405 NE Mason St
Portland, OR 97211

King
  • 25 Beds
  • 61 Baths
  • 27,240 sqft
  • 25 Beds
  • 61 Baths
  • 27,240 sqft

$10,268,000

Est. Mortgage $62,328/mo*
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Local Information

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Commute Destination

Description

Welcome to the epitome of urban living in this 36-unit apartment complex nestled in the heart of a vibrant North Portland neighborhood. Location is key, and this complex is strategically situated close to public transportation, ensuring easy connectivity to all corners of the city. Residents will find themselves just steps away from an array of shops, trendy eateries, and cultural hotspots. OMSI and MODA Center are just a stone's throw away. Additionally, the proximity to a major employer adds to the allure of this prime location.Each of the 36 units has been meticulously designed to offer a contemporary and comfortable living space. The interior features showcase a harmonious blend of style and functionality, with wood floors adding a touch of warmth to the living areas. Stainless steel appliances in the kitchen provide a sleek and modern aesthetic, while the inclusion of air conditioning ensures year-round comfort.One of the standout features of every unit is the convenience of having a Washer & Dryer within the living space. Residents can enjoy the luxury of doing laundry without leaving the comfort of their home, adding to the overall appeal and practicality of these units.Large windows not only frame scenic views of the surrounding neighborhood but also contribute to a sense of spaciousness, natural light floods in making these apartments feel like true urban sanctuaries.Beyond the residential units, the complex features two retail spaces, offering additional revenue potential or the chance to curate a vibrant community hub within the property. This property is part of a portfolio known for its impressive almost 100% occupancy rates. Acquiring a piece of this portfolio presents a rare opportunity to tap into a consistent and reliable income.Please reach out today for more information. We look forward to discussing this with you.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$377
Listed
89 days ago
Last check for updates: 1 day ago
Listing courtesy of Ramona Locken, (360) 719-9141
Keller Williams Realty Portland Premiere
Source: RMLS (OR), MLS#24640157

Home Details for 405 NE Mason St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: None
Beds & Baths
Number of Bedrooms: 25Number of Bathrooms: 61
Dimensions and Layout
Living Area: 27240 Square Feet
Appliances & Utilities
Utilities: Cable ConnectedAppliances: Dishwasher, Washer/Dryer, Electric Water HeaterDishwasher
Heating & Cooling
Heating: Mini SplitHas CoolingAir Conditioning: ENERGY STAR Qualified Equipment,Air ConditioningHas HeatingHeating Fuel: Mini Split
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 5Floors: Hardwood
View
Has a ViewView: City
Security
Security: Entry

Exterior Features

Exterior Home Features
Foundation: Slab
Parking & Garage
No CarportHas a GarageNo Attached GarageParking: Covered,Garage
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 89

Property Information

Year Built
Year Built: 2014
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Aluminum Siding, Metal Siding, StoneNot Attached Property
Property Information
Condition: ApproximatelyParcel Number: R207398

Price & Status

Price
List Price: $10,268,000Price Per Sqft: $377

Location

Direction & Address
City: PortlandCommunity: Lincoln Park
School Information
Elementary School: SabinJr High / Middle School: Mt TaborHigh School: Grant

Agent Information

Listing Agent
Listing ID: 24640157

Building

Building Area
Building Area: 27240 Square Feet

Lot Information

Lot Area: 8276 sqft

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2.25Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Rent Includes: None

Miscellaneous

Mls Number: 24640157

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1.02
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$1,225,000
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7
4
4,002
4036 N Albina Ave, Portland, OR
0.63
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$815,000
05/02/23
6
4
2,520
1023 N Jarrett St, Portland, OR
1.12
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$755,000
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3
2,573
4204 N Kerby Ave, Portland, OR
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$625,000
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4
2
1,770
5255 NE Cleveland Ave, Portland, OR
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$800,875
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$915,000
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6
5
3,184

Neighborhood Overview

King
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about King

  • Peter
    "Great quiet place for walking dogs. Dogs meet each other & dog owners are pleasant, personable, and good-looking. "
    0
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  • Kelley W.
    "lots of dog walkers. off leash parks are not quite walking distance from our house. but a park on Ainsworth and Fern Hill Park are short drive. "
    0
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  • Rica W.
    "Saturday market at king school and downtown Portland Chinatown that’s on Friday and Saturday annnnd yeah"
    0
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  • Sophia.sanchez88
    "Friendly neighbors. A lot of dogs in the neighborhood which makes the dog park near by a lot more fun for our dog. "
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  • Cynthia D. S.
    "It’s a dog friendly neighborhood. I just WISH dog owners would respect the OREGON LEASH LAW and pick up after their pets. Most do. Not All🙄"
    1
    Flag
  • Stephen P.
    "I've lived in this neighborhood for over 20 years and I love it. it truly is home to me and my family. "
    2
    Flag
  • S.L
    "This neighborhood is thriving. New shops and restaurants within walking distance and easy access to grocery stores make it an idea place to live."
    5
    Flag
  • Nicoletteregina
    "Cars can drive fast down the roads at times. People are kind and to themselves. I feel very safe here. "
    0
    Flag
  • T_marsden
    "I don't think it's particularly unique. It's just another gentrified neighborhood in Portland with increasing rents and property value pushing people out of the neighborhood while there are less spaces available for parking. "
    15
    Flag
  • T_marsden
    "I've lived here over 10 years. The parking situation continues to worsen with increasingly smaller units replacing what was once a single home plot. "
    6
    Flag
  • Madlyviolet
    "Lived here and would never return. loud, noisy, people throw trash on street and sidewalks. Not safe to walk at night...."
    4
    Flag

LGBTQ Local Legal Protections

Ramona Locken, Keller Williams Realty Portland Premiere
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS™, Portland, Oregon. This content last updated on 2024-04-02 07:40:16 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
405 NE Mason St, Portland, OR 97211 is a 25 bedroom, 61 bathroom, 27,240 sqft multi-family built in 2014. 405 NE Mason St is located in King, Portland. This property is currently available for sale and was listed by RMLS (OR) on Feb 22, 2024. The MLS # for this home is MLS# 24640157.