SELLER FINANCING NOW AVAILABLE. CALL BROKER FOR INFORMATION.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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Zillow last checked:
Listing updated:
Listed by:
Jude Soldati503-799-4264,
SMI Commercial Real Estate LLC
Source: RMLS (OR),MLS#: 495498306
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 21
Bathrooms: 15
Full bathrooms: 15
Heating
Other
Cooling
Other
Appliances
Included: Other Water Heater
Interior area
Total structure area: 9,002
Total interior livable area: 9,002 sqft
Property
Features
Stories: 3
Lot
Size: 6,098 Square Feet
Features: SqFt 5000 to 6999
Details
Parcel number: R197217
Zoning: CM2
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Other
Condition
Approximately
Year built: 2020
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Location
Region: Portland
Financial & listing details
Price per square foot: $328/sqft
Tax assessed value: $2,788,450
Annual tax amount: $31,730
Date on market: 8/10/2026
Listing terms: Call Listing Agent,Cash,Contract,Conventional,Owner Will Carry