$289,900
( $37.65Per Sq Foot )
 $1,556 est/mo Sourced by Back At You

401 7th St,Portland, TX 78374

Portland, TX 78374

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Description

DEADLINE FOR OFFERS: 6:00 pm Wed. August 19th. 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.

Details

MLS #479726
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusOption Period
Year1966
Days On Site39
Listing Provided ByCass Real Estate | Brenton Reagan

Features

SQ Feet7,700
Story(s)1
Building(s)3
Acreage0.49

Exterior

Lot FeaturesCorner Lot, Level

Parking

Parking FeaturesConcrete

Location

Community FeaturesCurbs, Gutters, Sidewalks

Area Information

StateTX
CountySan Patricio
CityPortland
Zip Code78374
Community NamePortland Portland Tier F
Listing VS Median (in Portland Portland Tier F)
Price:
$289,900
low | high
Med:
$289,900
50% of Average
sqft:
7,700
low | high
Med:
7,700
50% of Average
$ / sqft:
$38
low | high
Med:
$38
50% of Average
On site:
39
low | high
Med:
39
100% of Average
Sourced by Back At You

Market Activity 78374

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Corpus Chrisiti Association of REALTORS®.

Contact

Learn More About This Property

Coldwell Banker Commercial Gateway

Coldwell Banker Commercial Gateway

 (956) 937-2930[email protected]
StateTX
CountySan Patricio
CityPortland
Zip Code78374
Community NamePortland Portland Tier F
Listing VS Median (in Portland Portland Tier F)
Price:
$289,900
low | high
Med:
$289,900
50% of Average
sqft:
7,700
low | high
Med:
7,700
50% of Average
$ / sqft:
$38
low | high
Med:
$38
50% of Average
On site:
39
low | high
Med:
39
100% of Average
Sourced by Back At You
Listing Updated: August 22, 2026 at 10:46:47 AM PDT
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IDX information is provided exclusively for LERA MLS (Local Expertise. Regional Access) consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Laredo Association of REALTORS.
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