3020 NE GLISAN ST, Portland, OR 97232
- $760,000
- 4,326
- SqFt
- List Price
- $760,000
- Days on Market
- 44
- MLS#
- 524703436
- Property Type
- Multifamily
- Sqft. of Residence
- 4,326
- Lot Size
- 3, 000 to 4, 999 SqFt
- Region
- Portland Northeast
- Status
- PENDING
Property Description
Mixed-use 30th Glisan Office Apts offers four income-producing residential studios over a fully leased ground-floor commercial space, giving investors diversified cash flow in a proven close-in Portland location. Upstairs, the 1925 building features four character-rich studio units (approx. 550–640 sq. ft.) with hardwood and tile floors, gas ranges, refrigerators, and strong in-place rents, all at 100% occupancy. Downstairs, Brassworks Gallery occupies roughly 1,953 sq. ft. on a modified-gross lease through 2030, providing stable commercial income and street-front visibility on NE Glisan near NE 30th.For investors, this Class C mixed-use asset in CM2 zoning is at stabilized occupancy, with updated rent rolls and solid tax and market fundamentals in a high-income, high-demand trade area served by I-84, TriMet, and nearby Lloyd District, Broadway, and Providence Medical Center employment hubs. For an owner-occupant, it’s a rare chance to live in one of the vintage studios and let the other units plus the gallery help offset your mortgage, all while enjoying walkable access to neighborhood restaurants, retail, and everyday services in inner Northeast Portland.
Additional Information
- Tax Amount
- $6,608
- Year Built
- 1925
- High School
- Grant
- Elementary School
- Laurelhurst
- Middle School
- Laurelhurst
- Acres
- 0.10
- Living Area
- 4,326
- Stories
- 2
- Subdivision
- KERNS
- Terms
- Call Listing Agent, Cash, Conventional, FHA
- Cooling Description
- None
- Fuel Description
- Gas
- Heating Description
- Radiant
- Hoa Rent Includes
- Sewer, Trash Collection, Water
- Hot Water Description
- Tank
- Exterior Description
- Stucco
- Roof Type
- Flat, Membrane, Rubber
- Sewer Description
- Public Sewer
- View
- Territorial
- Parking
- On Street
- Security Or Entry
- Security Gate
- Parking Description
- On Street
- Road Surface
- Paved
- Number Of Units Total
- 5
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 1
- Unit Type One Rent
- 954
- Unit Type One Sq Ft
- 593
- Unit Type One Units Total
- 4
- Unit Type Two Baths Total
- 1
- Unit Type Two Units Total
- 1
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Listing courtesy of ELEETE Real Estate.
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