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6908 N ROBERTS AVE Portland, OR $ 1,400,000
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$ 1,400,000 Get more info
6908 N ROBERTS AVE
$ 1,400,000
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6908 N ROBERTS AVE

Portland, OR, 97203
$ 1,400,000
Bedrooms-- Baths-- Sq 1,169
6908 N ROBERTS AVE, Portland, OR 97203 - Image 1
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6908 N ROBERTS AVE, Portland, OR 97203 - Image 10

Property for Rent in Portland, OR

for $1,400,000. This 1,169 square foot property was built in 1926 on a lot size of 1.3.

-1.3 Acre fenced and gated RV/Boat Storage with seller financing available.- 9.5% Cap Rate on actuals - Seller carry terms yield 8.4% cash-on-cash return- Low vacancy, low maintenance with significant opportunity for increased revenue- All storage leases are month-month. New leases have filled at market rate with ease- Included 2 bedroom 1 bath 949 SF house for manager’s residence, or additional rental income- Detached management officeSeller financing terms:- Down payment: $700,000- Interest rate: 5%- Term: 5 years- Amortization: 30 years- Monthly payment: $3,758

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Rental Active

Price

$ 1,400,000

Taxes

$ 6,916

Style

LightIndustrial

Lot Size

1.3

Year Built

1926

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

387456564
Features
General
Sewer StandardSeptic
Heating WoodStove
Roof Composition
Zoning IG2
Construction Materials PartialBasement WoodFrame WoodSiding
Year Built 1926
Sale Includes Business Equipment Land
Stories Count 1
Property Subtype LightIndustrial
Tax Year 2024
Current Use MiniStorage Other RVParking
Parcel Number R323762
Gross Income 150496.0
Business Name Key Storage
County Multnomah
Operating Expense 17703.0
Property Type CommercialSale
HOA N
Status Active
Directions N Lombard - West on N Roberts to end then Left on private drive
City Portland
MLS Area _141
Lot Size Square Feet 56628.0
Listing Terms Cash Contract Conventional
Tax Annual Amount 6916.25
Property Condition Existing
Lease Type MonthToMonth
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 02 1N 1W TL 1500 1.30 ACRES
Year Established 2006
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Exterior
Parking Features Assigned Leased
Water Source PublicWater
Total Parking 111.0
Number of Buildings 2
Building Area Total 1169.0
Lot Size Acres 1.3
Road Surface Type Paved
Other Equipment SecuritySystem
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Interior
Ceiling Height 8
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Internal Only
Street Number 1 6908
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* Excluded Features
List By
Works Real Estate

Broker

darby@worksrealestate.co

Email

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/2/2025$1,400,000 Listed Price

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6908 N ROBERTS AVE, Portland, OR, 97203 is a Property for Rent at $1,400,000 with 1,169 sqft and a lot size of 1.3. 6908 N ROBERTS AVE was built in 1926. The property's zip code is 97203 which is in Portland, OR

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