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.
Active
$2,950,000
6940 SE Long St, Portland, OR 97206
21beds
9,002sqft
Multi Family
Built in 2020
-- sqft lot
$-- Zestimate®
$328/sqft
$-- HOA
What's special
Contemporary interiorsModern cabinetsFully sprinkledDurable high-quality sound-dampening materialsQuality fixturesStainless steel appliancesLvp flooring
- 52 days
- 87
- 6
Zillow last checked:
Listing updated:
Listed by:
Jude Soldati 503-799-4264,
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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Listed for sale | $2,950,000+3370.6%$328/sqft |
Source:  RMLS (OR) #495498306 Report a problem | ||
| 8/8/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/23/2021 | Price change | $1,150-8% |
Source: Zillow Rental Manager Report a problem | ||
| 5/29/2020 | Listed for rent | $1,250 |
Source: Zillow Rental Manager Report a problem | ||
| 7/14/2014 | Sold | $85,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $31,730 +3.7% | $1,177,590 +3% |
| 2024 | $30,589 +4% | $1,143,300 +3% |
| 2023 | $29,414 +2.2% | $1,110,000 +3% |
| 2022 | $28,776 +1.7% | $1,077,670 +3% |
| 2021 | $28,289 +116.8% | $1,046,280 +104.8% |
| 2020 | $13,050 +1219.5% | $510,840 +1209.2% |
| 2019 | $989 | $39,020 +3% |
| 2018 | $989 +3% | $37,890 +3% |
| 2017 | $960 +14% | $36,790 +3% |
| 2016 | $842 | $35,720 +3% |
| 2015 | $842 +2.7% | $34,680 +3% |
| 2014 | $820 +4% | $33,670 +3% |
| 2013 | $789 +10.5% | $32,690 +3% |
| 2012 | $714 +3.9% | $31,740 +3% |
| 2011 | $687 +5.4% | $30,820 +3% |
| 2010 | $652 +2.7% | $29,930 +3% |
| 2009 | $635 +5.9% | $29,060 +3% |
| 2008 | $599 +0.3% | $28,220 +3% |
| 2007 | $597 +11.3% | $27,400 +3% |
| 2006 | $537 +4.7% | $26,610 +3% |
| 2005 | $513 -8.2% | $25,840 +3% |
| 2004 | $558 +2.3% | $25,090 +3% |
| 2003 | $546 +8.8% | $24,360 +3% |
| 2002 | $502 +7.3% | $23,660 +6% |
| 2000 | $468 +7.5% | $22,320 +3% |
| 1999 | $435 | $21,670 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Foster-Powell
Nearby schools
Schools provided by the listing agent
- Elementary: Arleta
- Middle: Kellogg
- High: Franklin
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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