6940 SE LONG ST, Portland, OR 97035
- $2,950,000
- 9,002
- SqFt
- List Price
- $2,950,000
- Days on Market
- 1
- MLS#
- 495498306
- Property Type
- Multifamily
- Sqft. of Residence
- 9,002
- Lot Size
- 5, 000 to 6, 999 SqFt
- Region
- Portland Southeast
- Status
- ACTIVE
Property Description
Kern Park Apartments is an excellent opportunity to acquire a high-quality 2020-construction apartment building in Southeast Portland. Located at 6940 SE Long St, Kern Park Apartments is a 15-unit asset with a balanced units mix featuring nine (9) one-bed/one-bath units and six (6) two-bed/ one-bath units. The efficient unit layouts and modern finishes offer residents a clean, comfortableliving environment in an actively growing submarket.The building showcases the benefits of newer construction: fully sprinkled, separately metered, and built with durable, high-quality, sound-dampening materials. Systems and interiors reflect a “builtto- hold” standard rather than value-engineered construction, giving the property lower operating intensity compared to older competing stock. Residents enjoy contemporary interiors including stainless steel appliances, quartz countertops, modern cabinets, LVP flooring, and quality fixtures. All units have in-unit washers and dryers..With stabilized operations, limited to no deferred maintenance, and a location benefiting from continued neighborhood improvement, 6940 SE Long St represents a rare chance to acquire a modern, low-maintenance asset in one of Southeast Portland’s most promising growth pockets.
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Additional Information
- Tax Amount
- $31,730
- Year Built
- 2020
- High School
- Franklin
- Elementary School
- Arleta
- Middle School
- Kellogg
- Acres
- 0.14
- Living Area
- 9,002
- Stories
- 3
- Terms
- Cash, Conventional
- Cooling Description
- Other
- Fuel Description
- Electricity
- Heating Description
- Other
- Hoa Rent Includes
- None
- Hot Water Description
- Other
- Exterior Description
- Other
- Sewer Description
- Public Sewer
- Number Of Units Total
- 15
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 1
- Unit Type One Sq Ft
- 541
- Unit Type One Units Total
- 9
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 6
Mortgage Calculator
Listing courtesy of SMI Commercial Real Estate LLC.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.