2 commercial and 5 residential units. Cap rate 6.0%. Fully-occupied investment property offering strong cash flow with clear upside potential. Flexible tenant mix — property supports both residential and commercial uses, maximizing leasing opportunities and long-term income. Prime CM2 zoning with 45-foot height limit and up to 4:1 FAR allows future owners to explore multiple highest and best use options. Corner lot on a major thoroughfare — prime candidate for future redevelopment. Excellent location on NE Sandy Blvd, providing direct access to Downtown Portland, PDX Airport, MODA Center, and key employment and consumer hubs. Located just off Sandy Blvd with over 11,000 vehicles passing daily, this site offers excellent visibility and high traffic, making it ideal for a mixed-use commercial and residential property. The location ensures strong access for both businesses and residents.
Active
$1,270,000
6626 NE Sandy Blvd, Portland, OR 97213
12beds
4,058sqft
Est.:
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$313/sqft
$-- HOA
What's special
Corner lot
- 6 days
- on Zillow |
- 122 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: May 07, 2025 at 04:29am
Listed by:
Steve Roesch 503-318-6351,
NextHome Realty Connection
Source: RMLS (OR),MLS#: 236588763

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Forced Air
Features
- Basement: Daylight,Storage Space
Interior area
- Total structure area: 4,058
- Total interior livable area: 4,058 sqft
Property
Features
- Stories: 3
Lot
- Size: 10,454.4 Square Feet
- Features: SqFt 10000 to 14999
Details
- Parcel number: R113825
- Zoning: CM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding
- Roof: Composition
Condition
- Approximately
- Year built: 1925
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Roseway
Location
- Region: Portland
Financial & listing details
- Price per square foot: $313/sqft
- Annual tax amount: $12,993
- Date on market: 5/5/2025
- Listing terms: Cash,Conventional
- Total actual rent: 11397
- Road surface type: Paved
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