$1,850,000

Estimated payment $11,591/month

1 Bed
1 Bath
7,680 Sq Ft
$241 Price per Sq Ft

Highlights

  • 0.23 Acre Lot
  • No HOA
  • Heating System Mounted To A Wall or Window
  • Cleveland High School Rated A-

About This Home

Close-in Portland value-add opportunity! Chateau Apartments features (10) two-bedroom, one-bath units averaging 677–717 SF, plus a shared laundry room and ten off-street parking spaces.Zoned RM2 (medium-scale multi-dwelling)—offering redevelopment potential and excellent long-term upside. All units will be delivered vacant, allowing an investor to immediately renovate and capture market rents. Outstanding location near SE 20th & Stark—walkable to restaurants, transit, and vibrant inner eastside amenities. Property currently secured; shown after accepted offers only. A rare chance to acquire a fully vacant, inner-city 10-unit asset with both income and land value upside.

Listing Agent

Chris Hughson

Oregon Realty Advisors, Inc Brokerage Email: info@oregonrealtyadvisors.com License #200510119 Listed on: 12/01/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 10,018 Sq Ft Lot

Parking

  • 10 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Metal Siding

Interior Spaces

  • 7,680 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Schools

  • Buckman Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number R167885

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1968
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 1850000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 1
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Brick,MetalSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Disclosures: Exempt

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 10.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Buckman
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: RM2
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018.0
  • Parcel #: R167885

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 10

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2025 12/01/25 For Sale $1,850,000 -- $241 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 491612197

Regional Multiple Listing Service (RMLS)

APN: 1S1E02AA 01100