723 SE 60th Ave, Portland, OR 97215

Portland
Local realty services provided by:ERA Freeman & Associates, Realtors
723 SE 60th Ave,Portland, OR 97215
$7,500,000
  • - Beds
  • - Baths
  • 36,693 sq. ft.
  • Multi-family
  • Active
Listed by: jude soldati
Office: smi commercial real estate llc.503-390-6060
MLS#:185390634
Source:PORTLAND

Price summary

  • Price:$7,500,000
  • Price per sq. ft.:$204.4

About this home

Wingsong Apartments offers the opportunity to acquire a high-quality 34-unit apartment community in one of Portland’s most desirable eastside neighborhoods, with attractive in-place financing (sub-3.5%) and clear rent growth potential.Built in 1993, the property consists of 34 large, open-layout units with a highly desirable unit mix. Apartments feature spacious floor plans, and a unit mix weighted toward large two-bedroom two bathroom layouts that support strong tenant demand and long-term retention. Full size in-unit washer dryers, private balconies and patios, and ample greenspace. Garages and off-street parking further, in a neighborhood where parking can be limited, support long-term tenant demand and operational stability.The property has been well maintained and does not require significant near-term capital investment, allowing a new owner to focus on operations. In-place rents trail comparable Mt. Tabor area assets when considering unit sizes, parking, and overall livability,...

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Home facts

  • Year built:1993
  • Listing ID #:185390634
  • Added:90 day(s) ago
  • Updated:August 12, 2026 at 11:57 AM

Rooms and interior

  • Living area:36,693 sq. ft.

Structure and exterior

  • Year built:1993
  • Building area:36,693 sq. ft.
  • Lot area:1.43 Acres
  • Levels:3 Stories

Schools

  • High school:Franklin
  • Middle school:Mt Tabor
  • Elementary school:Glencoe

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$7,500,000
  • Price per sq. ft.:$204.4
  • Tax amount:$79,992 (2025)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: August 12, 2026

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