Burnside Firs

17440 E Burnside, Portland, OR 97233

  • For Sale $3,550,000
  • Property Type Multi-Family
  • Property Size 20,888 SF
  • Units 24
  • Lot Size 1.08 Acre
  • Date Updated Mar 28, 2025
Rockwood in Gresham, Oregon, is an enticing neighborhood for real estate investment. Its convenient location, diverse community, growing economy, and range of housing options make it attractive. With easy access to downtown Portland and major transportation routes, Rockwood offers suburban tranquility and urban convenience. The neighborhood's strong sense of community, cultural events, and revitalization efforts enhance its appeal. The growing economy and proximity to educational institutions create a steady demand for housing. Rockwood's vibrant culinary scene, recreational opportunities, and ongoing development projects make it an ideal choice for investors looking for both financial returns and community impact.Burnside Firs Apartments offers a great investment opportunity nestled in the Rockwood neighborhood of Portland, Oregon. This exceptional multifamily property offers a unique combination of solid financial performance, and significant growth potential. With its attractive features and strong market demand, Burnside Firs Apartments presents an enticing investment prospect for astute buyers seeking stable cash flow and long-term appreciation. Ownership has invested into the exterior of the building in recent years with new siding, paint, windows, gutters and fencing. A new owner can benefit by continuing interior updates, bringing rents to market, implementing a RUBS program, and renting out storage units to improve the financial return. Burnside Firs Apartments represents an exceptional investment opportunity in one of Portland's most evolving neighborhoods. Take advantage of recent community developments bringing all residents of different backgrounds together as one. This is teed up as an attractive asset for investors looking to enter or expand their presence in the thriving Portland real estate market.
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Highlights

  • Located on the Max line
  • Meticulous upkeep and a visually appealing aesthetic with many recent improvements
  • Diverse Unit Mix of 1 and 2 bedroom flats and townhouse units
  • Strong Historical Occupancy
  • Value-Add Potential
  • Metal frame building

Contacts

broker
Hugh Holtman

SVN | Imbrie Realty

Location

Getting Around

  • Walk Score ®

    72/100 Very Walkable

  • Transit Score ®

    59/100 Good Transit

  • Bike Score ®

    84/100 Very Bikeable
Powered by Walk Score ®
  • City Portland, OR
  • Neighborhood Rockwood
  • Zip Code 97233
  • Market Portland

Points of Interest

  • Cleveland Avenue

    3.43 miles

  • Southeast Main Street

    3.96 miles

  • Southeast Powell Boulevard

    4.39 miles

  • Southeast Holgate Boulevard

    4.53 miles

  • Lents Town Center/Southeast Foster Road

    4.94 miles

  • New Rose City Cab Company

    8.43 miles

  • Northeast 7th & Holladay

    8.51 miles

  • Northeast Grand & Hoyt

    8.59 miles

  • Northeast Grand & Multnomah

    8.61 miles

  • Northeast Weidler & Grand

    8.61 miles

  • Arco

    0.29 miles

  • Shell

    0.32 miles

  • Union 76

    0.67 miles

  • Space Age

    0.70 miles

  • 76

    1.25 miles

  • Chevron

    1.31 miles

  • Blink

    2.76 miles

  • Electrify America

    4.77 miles

  • Volta

    4.78 miles

  • Tesla Supercharger

    4.80 miles

  • E 181st Ave

    0.42 miles

  • Walgreens parking lot

    0.68 miles

  • E 122nd/Menlo Park

    2.58 miles

  • Gresham Parking Garage

    3.09 miles

  • Cleveland Avenue Park & Ride

    3.40 miles

  • National Weather Service Parking

    3.77 miles

  • Gateway

    3.92 miles

  • SE Main St

    3.97 miles

  • Leach Botanical Garden Car Parking

    4.06 miles

  • Leach Botanical Gardens Compact Vehicle Car Park

    4.12 miles

  • Four Points by Sheraton

    1.08 miles

  • Bridgeway Inn & Suites

    1.30 miles

  • My Place Hotel

    1.31 miles

  • Extended Stay America

    1.36 miles

  • Courtyard Portland East

    1.55 miles

  • WoodSpring Suites Portland North Gresham

    1.64 miles

  • Hampton

    1.66 miles

  • Cedarville Lodge

    2.41 miles

  • Best Western Plus Cascade Inn Suites

    3.20 miles

  • Ponderosa Inn

    3.25 miles

  • Chepes

    0.16 miles

  • Annie's Restaurant

    0.19 miles

  • Mariscos La Costera

    0.19 miles

  • Taqueria Rico Taco

    0.29 miles

  • Giuseppe's

    0.29 miles

  • Cocina de Don Ramon

    0.32 miles

  • Don Pedro Mayor #1

    0.33 miles

  • Papa Murphy's

    0.34 miles

  • Subway

    0.36 miles

  • Joy Teriyaki

    0.37 miles

  • Friends of the Children

    0.29 miles

  • Alder Elementary School

    0.35 miles

  • Open School East

    0.44 miles

  • Montessori Morningstar House of Children

    0.54 miles

  • Rockwood Preparatory Academy

    0.55 miles

  • Greater Portland Christian Academy

    0.60 miles

  • Centennial Park High School

    0.64 miles

  • Hartley Elementary School

    0.73 miles

  • Patrick Lynch Elementary School

    0.75 miles

  • H.B. Lee Middle School

    0.80 miles

  • Happy Valley Children's Garden

    0.39 miles

  • Little Wings Academy

    0.60 miles

  • TCA Creative Minds

    0.89 miles

  • Mt. Hood Community College Head Start

    1.03 miles

  • Play School Daycare

    1.27 miles

  • Cadence Academy

    1.44 miles

  • Gresham Heights Learning Center

    1.81 miles

  • Woodfish Preschool

    2.03 miles

  • Clear Creek Preschool

    2.07 miles

  • KinderCare

    2.07 miles

Frequently Asked Questions

How much does Burnside Firs cost?

The space currently listed for sale at Burnside Firs asks for $3,550,000.

What is the total square footage of Burnside Firs?

Burnside Firs totals 20,888 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Hugh Holtman

SVN | Imbrie Realty

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