3020 NE GLISAN ST Portland, OR 97232
Price:
$760,000
Units:
5
Acres:
0.1
Unit 1:
1 Bed 1.0 Bath $954/mo
Features: Range, Refrigerator
Unit 2:
1 Bed 1.0 Bath $954/mo
Features: Range, Refrigerator
Unit 3:
1 Bed 1.0 Bath $954/mo
Features: Range, Refrigerator
Unit 4:
1 Bed 1.0 Bath $954/mo
Features: Range, Refrigerator
Unit 5:
MLS#:
524703436
Lot Size:
3,000 to 4,999 SqFt
Type:
Multi
Zone:
CM2
Yr Built:
1925
Taxe/yr:
$6,608.27
County:
Multnomah
Status:
Active
Levels:
2
Heat:
Radiant
Nhood/Bldg:
KERNS
View:
Territorial
Elem:
Laurelhurst
Middle:
Laurelhurst
High:
Grant
Lot Desc:
Level, Public Road
Area:
Portland Northeast
Courtesy of:
ELEETE Real Estate
Remarks:
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.
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