$1,450,000 Price Analysis 4450 NE 38th AvePortland, OR 97211 11 bed 9 bath 4,948 SqFt ($293/SqFt) 5,227SqFt lot. Built 1942 Listed 2023-06-22, Taxes $13,346 | Ⓧ USDA Ineligible due to price & location near Champ |
11 bedrooms, 5 full baths and 4 half baths and 3 kitchens, one on each level. Updates with tasteful additions and extremely well maintained. Invstor opportunity with solid cash flow with an 8.56 cap rate. Rented fully as a care home. ADA friendly home, featuring accessibility amenities including an approach with ramp, accessible doors and hallways, main floor bedrooms with baths and walk in showers.
High vaulted ceilings in back unit and lots of natural light on the upper floor and hardwoods throughou t the main floor with many period details such as coved ceilings, two fireplaces and built-ins. All rooms are equipped with high end Mini-splits and energy efficient double pane vinyl windows. Great opportunity to own a high income producing property close to Wilshire Park, Beaumont Village and a short distance to Alberta Arts.
Presented by Israel Hill at
John L. Scott Portland Northeast.
Property MLS #23382743 from RMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $unknown $499,840 | $13,346 |
2021 | $unknown + $unknown $485,290 | $13,121 |
2020 | $unknown + $unknown $471,160 | $12,036 |
2019 | $unknown + $unknown $457,440 | $11,594 |
2018 | $unknown + $unknown $444,120 | $11,253 |
2017 | $unknown + $unknown $431,190 | $10,785 |
2016 | $unknown + $unknown $418,640 | $9,870 |
2015 | $unknown + $unknown $248,730 | $5,881 |
2014 | $unknown + $unknown $241,490 | $5,793 |
2013 | $unknown + $unknown $234,460 | $5,658 |
2012 | $unknown + $unknown $227,640 | $5,118 |
2011 | $unknown + $unknown $221,010 | $4,926 |
2010 | $unknown + $unknown $198,560 | $4,324 |
2009 | $unknown + $unknown $181,770 | $3,971 |
2008 | $unknown + $unknown $176,480 | $3,747 |
2007 | $unknown + $unknown $171,340 | $3,736 |
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.