USATXPortlandPortland-Portland Tier F401 7Th St

401 7Th St, Portland, TX

House

For Sale

Listed price in listed location currency (USD).

$289,900

000

MLS® 479726

Overview

Key Facts

Type Industrial

Levels Commercial Sale

Size 7700 sqft

Garage

Taxes

Days Active 5

Lot Size 0.49 Acres

Approx. Age 1966

Avg. Price Per Sqft $37

MLS® Number 479726

Property Address: 401 7th St, Portland, TX, 78374-1749

Average square foot calculated using Size range provided by listing agent.

Description

A block from Portland's NEW 5th & ELM venue in Olde Town, 59 total units make this a great INVESTOR selection, not too large, not too small. Currently it boasts a 90% OCCUPANCY rate, and 10.8% CAP rate from 2025 annual numbers. Most of the tenants have been here for years. With 53 cinder-block units and 6 Trailer units, there is a good variety from small storage to units at 10x10', 10x20', and 10x30' options. Best of all, the maintenance and upkeep is a breeze: there is electricity on the property for security lights, but no water, no climate-controlled units or HVAC systems to maintain, no gas, no open storage. Just simple storage, management, and income made easy, with room to see rent increases over time.

MLS® Number479726

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1966

Basement

DrivewayConcrete

Garage Spaces

HeatNone

A/CNone

Extras

Map

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