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Listed by ELEETE Real Estate
$760,000
Est. payment /mo
4,326 SqFt
New
3020 NE GLISAN ST Portland, OR 97232
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,326 sqft
Price per Sqft $175
Subdivision Kerns
MLS Listing ID 524703436
HOA Y/N No
Year Built 1925
Annual Tax Amount $6,608
Tax Year 2025
Lot Size 4,356 Sqft
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.
Location
State OR
County Multnomah
Area _142
Zoning CM2
Rooms
Basement None
Interior
Heating Radiant
Cooling None
Exterior
View Territorial
Roof Type Flat,Membrane,Rubber
Garage No
Building
Lot Description Level, Public Road
Story 2
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Laurelhurst
Middle Schools Laurelhurst
High Schools Grant
Others
Acceptable Financing CallListingAgent, Cash, Conventional, FHA
Listing Terms CallListingAgent, Cash, Conventional, FHA
Nearby Locations
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