6244 N COLUMBIA WAY Portland, OR $ 4,150,000
6244 N COLUMBIA WAY
$ 4,150,000
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6244 N COLUMBIA WAY

Portland, OR, 97203
$ 4,150,000
Bedrooms3 Baths2.0 Sq 20,800

Monthly Estimate*

$ 25,891

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Multi-Family Home for sale in Portland, OR

for $4,150,000 with 3 bedrooms and 2 full baths. This 20,800 square foot home was built in 1973.

Dutch Auction. Price will drop $25,000 each week.This 26 unit apartment property features a new roof and has demonstrated a consistent history of high occupancy, reflecting both its quality and the desirability of the location. Currently operating at a 7.1% cap rate. Units are thoughtfully designed for comfortable living, and the community benefits from convenient access to major employment centers, transit routes, and neighborhood amenities in St. Johns and North Portland. Please do not disturb residents.

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Multi-Family Active

Price

$ 4,150,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 26,107

Style

Year Built

1973

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

713803853

Features
General
Sewer PublicSewer
Heating Baseboard
Roof Composition
Zoning Multi
Year Built 1973
Stories Count 2
Tax Year 2024
Parcel Number R151216
Gross Income 464524.0
Community Features Laundry
County Multnomah
Net Operating Income 305928.0
Operating Expense 158596.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions E on N Columbia Way
High School Roosevelt
City Portland
Number Of Units Total 26
MLS Area _141
Listing Terms Cash Conventional
Elementary School James John
Tax Annual Amount 26107.38
Middle/Junior High School George
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description EAST ST JOHNS BLOCK 17 INC PT VAC ALLEY LOT 7-11 EXC PT IN ST
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features OffStreet Open
Lot Features Level
Water Source PublicWater
Exterior Description LapSiding
Foundation Details ConcretePerimeter
Building Area Total 20800.0
Road Surface Type Paved
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Internal Only
Street Number 1 6244
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* Excluded Features
List By
Ga Cooke Real Estate Services

Broker

glenna.cooke@gmail.com

Email

Affordability Calculator

$28,066
Per Month
92%
8%
0%
Monthly Principal & Interest
$25,891
Monthly Property Taxes
$2,176
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949662 Elementary School
1949529 Middle School
Roosevelt High School High School
Pricing History
DatePricePrice ChangeDescription
12/8/2025$4,150,000 -0.60% Price Down
12/1/2025$4,175,000 -0.60% Price Down
11/23/2025$4,200,000 -0.59% Price Down
11/17/2025$4,225,000 -0.59% Price Down
11/10/2025$4,250,000 -0.58% Price Down
11/3/2025$4,275,000 -0.58% Price Down
9/6/2025$4,300,000 Listed Price

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6244 N COLUMBIA WAY, Portland, OR, 97203 is a Multi-Family Home for sale at $4,150,000 with 20,800 sqft. 6244 N COLUMBIA WAY has 3 bedrooms, 2.0 baths, and was built in 1973. The property's zip code is 97203 which is in Portland, OR