Priced to Sell!

Grab a cocktail and a slider at Swift Lounge and experience this unique mixed use property on old Broadway. This one has it all. Two commercial units, two residential units, two buildings, all fully leased with strong cash flow. Swift Lounge occupies the street level of the larger building. The first floor is rented as office space and a large residential unit occupies the entire second and third floors of the main building.

At the back of the lot is a private detached residential unit that was completely rebuilt and remodeled in 2015. This one bedroom stand alone house features a contemporary design with sleek new finishes, sky-lights and a private yard. Truly a one of a kind building that celebrates the architecture and spirit of old Portland. Please do not disturb the tenants or walk the property. Please do treat yourself to something refreshng at Swift and enjoy the classic Stumptown vibes!

Request Information
on 1920 NE Broadway St
in Portland, OR
Presented by Lisa Long at
High Five Properties.


Property MLS #24406635 from RMLS

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 6

+ Heating and Cooling

Cooling Features: MiniSplit
Heating Features: ForcedAir, MiniSplit
Heating: Yes

+ Bathrooms

Full Bathrooms: 6

+ Interior Features

Storage: Basement

+ Other Rooms

Basement Description: StorageSpace, Unfinished

+ Land Info

Lot Description: Level
Lot Size Acres: 0.1
Lot Size Dimensions: 4500
Lot Size Square Feet: 4356

+ Exterior and Lot Features

Road Surface Type: Paved

+ Garage and Parking

Parking Features: Driveway

+ School Information

Elementary School: Buckman
High School: Cleveland
Middle School: Hosford
+ Display Complete School Details

Buckman Elementary School is a public elementary school located approximately 1 miles away.
Map directions

Hosford Middle School is a public middle school located approximately 2 miles away.
Map directions

Cleveland High School is a public high school located approximately 2.5 miles away.
Map directions

Youth Employment Institute is a private high school located approximately 0.4 miles away.
Map directions

+ Rental Info

Gross Income: 134340
Rent Includes: Sewer, Water

+ Multi-Unit Info

Number of Units: 4
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 4
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 3
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1

+ Amenities and Community Features

Community Features: Laundry

+ Other Property Info

LotSizeRange: SqFt3000to4999
Annual Tax Amount: 6714.760000000
Source Listing Status: Active
County: Multnomah
Cap Rate: 5.93
Directions: NE 20th, West on Broadway
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: SULLIVANS GULCH
Parcel Number: R193034
Subdivision: SULLIVANS GULCH
Zoning: CM2
Source System Name: C2C
+ Reveal Property Sale History

Price Changed 2024-04-01
$1,820,000
RMLS

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Listed 2024-02-21
$1,970,000
RMLS

+ Commercial Info

Net Operating Income: 107954
Operating Expense: 26386

+ Building and Construction

Year Built: 1908
Building Area Total: 5376
Building Exterior Type: LapSiding
Property Age: 116
Property Condition: Approximately
Roof: Composition, Flat
Levels or Stories: 3

+ Utilities

Sewer: PublicSewer
Water Source: PublicWater