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$629,900   Price Analysis
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9124 NE Oregon St
Portland, OR 97220
4 bed 4 bath 1,728 SqFt ($364/SqFt)
Built 1960
Listed 2023-09-07, Taxes $5,883
Ⓧ USDA Ineligible
due to location

near Portland

On e level mid-century single story 4 PLEX on a 50 X 100 Lot.

Strong cap rate at 6.25 on these 1 bedroom 1 bath units. Updated interiors with wll to wall carpet and wood style laminate flooring in kitchen and entry. Fabulous oversized living room windows allows for a flood of light into each unit from the west facing windows.

Same owner for decades on this GEM that received a perfect 10 energy score and offers on site laundry, storage and off street parking.


Presented by Doug Landers at
John L. Scott Portland Northeast.
Listing Agent Photo

Property MLS #23503277 from RMLS

Bedrooms: 4

Full Bathrooms: 4

Heating Features: Baseboard
Heating: Yes
Water Heaters: Electricity

Basement Description: CrawlSpace

Lot Description: Level, Private

Road Surface Type: Paved

Parking Features: Open

Elementary School: Vestal
High School: Leodis McDaniel
Middle School: Roseway Heights

Vestal Elementary School is a public elementary school located approximately 0.6 miles away.
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Madison High School is a public high school located approximately 1.1 miles away.
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Roseway Heights School is a public middle school located approximately 1.4 miles away.
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Columbia Christian School is a private elementary, middle and high school located approximately 0.2 miles away.
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Gross Income: 51543
Rent Includes: MaintenanceGrounds, TrashCollection

Number of Units: 4
Unit Type: UnitTypeType1, UnitTypeType2
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1

Calculated Total Monthly Association Fees: 0

Community Features: Laundry

LotSizeRange: SqFt5000to6999
Annual Tax Amount: 6013.090000000
Source Listing Status: Active
County: Multnomah
Cap Rate: 6.25
Directions: NE Glisan st, North on NE 92nd, West on Oregon st to property
Tax Year: 2024
Source Property Type: MultiFamily
Parcel Number: R261129
Zoning: RM1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$220,320
$5,883
2021$unknown + $unknown
$213,910
$5,783
2020$unknown + $unknown
$207,680
$5,305
2019$unknown + $unknown
$201,640
$5,110
2018$unknown + $unknown
$195,770
$4,960
2017$unknown + $unknown
$190,070
$4,754
2016$unknown + $unknown
$184,540
$4,350
2015$unknown + $unknown
$179,170
$4,079
2014$unknown + $unknown
$173,960
$3,596
2013$unknown + $unknown
$165,850
$2,810
2012$unknown + $unknown
$168,900
$2,947
2011$unknown + $unknown
$163,990
$2,924
2010$unknown + $unknown
$159,220
$3,407
2009$unknown + $unknown
$154,590
$3,377
2008$unknown + $unknown
$150,090
$3,187
2007$unknown + $unknown
$145,720
$3,177

Price Changed 2024-05-31
$629,900
RMLS
Listing removed 2024-04-01
$675,000
RMLS
Listing removed 2024-03-28
$690,000
RMLS
Listing removed 2024-03-28
$675,000
RMLS
Listing removed 2024-03-28
$690,000
RMLS
Price Changed 2024-02-24
$649,900
RMLS
Price Changed 2024-01-20
$675,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Listed 2023-09-07
$675,000
RMLS
Listing removed 2014-08-29
$725
Appfolio
Listed for rent 2014-08-07
$725
Appfolio
Listing removed 2014-04-10
$650
Appfolio
Listed for rent 2014-03-12
$650
Appfolio

Net Operating Income: 39390
Operating Expense: 12153

Year Built: 1960
Building Area Total: 1728
Building Exterior Type: Cedar, LapSiding, T111Siding, VinylSiding
Foundation Details: ConcretePerimeter
Property Age: 64
Property Condition: Approximately
Roof: Composition
Levels or Stories: 1

Sewer: PublicSewer
Water Source: PublicWater

Green Energy Efficient: DoublePaneWindows, InsulationandCeilingInsulation
Click Thumbnail Images To View Full Size
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unknownbathroomroad_viewfloor_plan

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.