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  • $2,950,000

    6940 SE Long St, Portland, OR 97206

    21beds
    9,002sqft
    : 
    $22,120/mo
    Get pre-qualified
    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
    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 Soldati 503-799-4264,

    SMI Commercial Real Estate LLC

    Source: RMLS (OR),MLS#: 495498306MLS Logo

      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

        DateEventPrice
        8/10/2026Listed for sale$2,950,000+3370.6%$328/sqft
        Source: RMLS (OR) #495498306 Report a problem
        8/8/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        3/23/2021Price change$1,150-8%
        Source: Zillow Rental Manager Report a problem
        5/29/2020Listed for rent$1,250
        Source: Zillow Rental Manager Report a problem
        7/14/2014Sold$85,000$9/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Foster-Powell

        Getting around

        88 / 100
        Very Walkable
        48 / 100
        Some Transit
        99 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        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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