Stand by
USDAProperties.com is verifying property eligibility...

 

 

 

$639,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon   ♡  map icon  QR
5915 SE 90th Ave
Portland, OR 97266
6 bed 3 bath 2,616 SqFt ($244/SqFt)
5,227SqFt lot. Built 1982
Listed 2024-04-16, Taxes $6,539		Ⓧ USDA Ineligible
due to location
near Portland

Just listed!

Fully rented and professionally managed triplex. All units are 2bed/1bath. Two are ground level, one is upstairs.The upstairs unit was fully remodeled in 202 3. Convenient location with public transportation options within blocks (bus and max station) and tons of amenities a short distance away.

All units have washer/dryer hookups, dishwashers, refrigerators, ranges and disposals. Onsite (off-street) parking for all units. Water/sewer and garbage are included in rent (tenants pay $25 mnthly towards this). Buyer to verify possible development options (Zoned CM). Please do not disturb tenants.


Presented by Jason Maycumber at
Realty First.
Listing Agent Photo

Property MLS #24301360 from RMLS

Bedrooms: 6

Full Bathrooms: 3

Heating Features: Baseboard
Heating: Yes
Water Heaters: Electricity

Basement Description: CrawlSpace

Lot Description: Cul_de_sac, Level, OnBusline
Lot Size Acres: 0.1199954
Lot Size Square Feet: 5227

Road Surface Type: Paved

Parking Features: Open, Paved

Elementary School: Kelly
High School: Franklin
Middle School: Lane

Kelly Elementary School is a public elementary school located approximately 0.5 miles away.
directions icon Map directions

Lane Middle School is a public middle school located approximately 1.6 miles away.
directions icon Map directions

Franklin High School is a public high school located approximately 2.3 miles away.
directions icon Map directions

Village Free School is a private elementary, middle and high school located approximately 0.2 miles away.
directions icon Map directions

Gross Income: 40800
Rent Includes: Sewer, TrashCollection, Water

Number of Units: 3
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1

Calculated Total Monthly Association Fees: 0

LotSizeRange: SqFt5000to6999
Annual Tax Amount: 6684
Source Listing Status: Active
County: Multnomah
Cap Rate: 4.79
Directions: Woodstock, north on 90th (you may need to park on Woodstock).
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: R221715
Zoning: CM
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$unknown + $unknown
$244,900		$6,539
2021$unknown + $unknown
$237,770		$6,428
2020$unknown + $unknown
$230,850		$5,897
2019$unknown + $unknown
$224,130		$5,680
2018$unknown + $unknown
$217,610		$5,513
2017$unknown + $unknown
$211,280		$5,284
2016$unknown + $unknown
$205,130		$4,490
2015$unknown + $unknown
$199,160		$3,842
2014$unknown + $unknown
$193,360		$3,361
2013$unknown + $unknown
$170,400		$2,887
2012$unknown + $unknown
$152,560		$2,434
2011$unknown + $unknown
$154,250		$2,452
2010$unknown + $unknown
$187,730		$3,055
2009$unknown + $unknown
$182,270		$3,341
2008$unknown + $unknown
$176,970		$3,716
2007$unknown + $unknown
$171,820		$3,571

Listing removed 2024-04-17
$619,000
RMLS
Listed 2024-04-16
$639,000
RMLS
Listing removed 2024-03-28
$619,000
RMLS
Sold 2008-09-26
$255,000
RMLS
Listing removed 2008-04-07
$289,900
RMLS
Listed 2008-04-07
$255,000
RMLS
Listed 2007-02-19
$289,900
RMLS
Sold 2001-06-15
$185,000
Public Record
Sold 1990-09-01
$89,000
Public Record

Net Operating Income: 30625
Operating Expense: 10175

Year Built: 1982
Building Area Total: 2616
Building Exterior Type: T111Siding
Property Age: 42
Roof: Composition
Levels or Stories: 2

Sewer: PublicSewer
Water Source: PublicWater

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.