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In-PersonVirtual Tour

Heidi Torkko

heidi@heiditorkko.com +1(503) 351-9716

Listed by Oregon Realty Advisors, Inc • info@oregonrealtyadvisors.com

$ 1,500,000

Est. payment | -/mo

7,680 SqFt

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$ 1,500,000

Est. payment | -/mo

Save Virtual Tour

7,680 SqFt

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 7,680 sqft

Price per Sqft $195

MLS Listing ID 491612197

HOA Y/N No

Year Built 1968

Tax Year 2024

Lot Size 10,018 Sqft

Property Description

Chateau Apartments is owned by Home Forward, the Housing Authority of Portland, and will be sold as-is with no repairs by seller. Sale is subject to removal of existing HUD rent and income restrictions and Home Forward Board approval prior to closing; please allow approximately 60 days for these approvals.All ten (10) units will be delivered vacant at closing, providing a rare opportunity for immediate renovation and lease-up without relocation or holdover risk.Due to the building being secured during vacancy, no in-person interior tours will be provided prior to an accepted offer. 3D virtual tours are available for preliminary review of 9 of the 10 units, with the remaining unit pending move-out.Buyer to verify all information including unit sizes, zoning (RM2), and redevelopment or repositioning potential. The current governmental property tax exemption is not expected to continue after transfer. Unit mix consists of ten (10) 2-bedroom / 1-bath units ranging approximately 677–717 SF.

Location

State OR

County Multnomah

Area _143

Zoning RM2

Interior

Heating Wall Heater

Cooling None

Exterior

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Buckman

Middle Schools Hosford

High Schools Cleveland

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://my.matterport.com/show/?m=f3HRHwQxzpi&mls=1

Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 351-9716

heidi@heiditorkko.com

2175 NW Raleigh St, # 110, Portland OR 97210, Portland, Oregon, 97210, USA

1910 SE STARK ST Portland, OR 97214

Heidi Torkko

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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1910 SE STARK ST