3020 NE GLISAN ST, Portland, OR 97232
- $760,000
3020 NE GLISAN ST, Portland, OR 97232
- $760,000
Overview
- 4326 Sqft
- 1925
- MultiFamily
- 524703436
- 0.1 Acres
- ELEETE Real Estate
- Lee Davies
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.
Details
Updated on August 24, 2026 at 7:46 pm-
MLS# 524703436
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Price $760,000
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Property Size 4326 Sqft
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Land Area 0.1 Acres
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Garage Size x x
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Year Built 1925
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Property Type MultiFamily
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Property Status Active
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Office Name ELEETE Real Estate
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Agent Name Lee Davies
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Office Phone 503-292-1500
Additional details
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Listing Terms Call Listing Agent, Cash, Conventional, FHA
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Roof Flat, Membrane, Rubber
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Sewer Public Sewer
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Cooling None
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Heating Radiant
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County Multnomah
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Property Type MultiFamily
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Parking On Street
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Elementary School Laurelhurst
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Middle School Laurelhurst
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High School Grant
Walkscore
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