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$1,450,000   Price Analysis
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4450 NE 38th Ave
Portland, 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

Fantastic property located in NE Portland.

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.
Listing Agent Photo

Property MLS #23382743 from RMLS

Bedrooms: 11

Total Bathrooms: 5.4
Full Bathrooms: 5
1/2 Bathrooms: 4
Bathrooms On Main Level: 2.2
Full Bathrooms On Main Level: 2
Half Bathrooms On Main Level: 2
Bathrooms On Lower Level: 2.1
Full Bathrooms On Lower Level: 2
Half Bathrooms On Lower Level: 1
Bathrooms On Upper Level: 1.1
Full Bathrooms On Upper Level: 1
Half Bathrooms On Upper Level: 1

HardwoodFloors
HeatedTileFloor
HighCeilings
Laundry
SeparateLivingQuartersApartmentAuxLivingUnit
VaultedCeiling
Window Features: DoublePaneWindows, VinylFrames

Dishwasher
FreeStandingRange
FreeStandingRefrigerator
RangeHood

Fireplace Features: WoodBurning
Heating Features: MiniSplit
Heating: Yes
Number of Fireplaces: 2
Water Heaters: Electricity

Basement Description: Finished, FullBasement, SeparateLivingQuartersApartmentAuxLivingUnit

Patio
Yard
Road Surface Type: Paved

Lot Description: Level
Lot Size Acres: 0.1199954
Lot Size Dimensions: 62 X 97
Lot Size Square Feet: 5227

Parking Features: Driveway, OnStreet

Elementary School: Vernon
High School: Jefferson
Middle School: Vernon

Vernon Elementary School is a public elementary and middle school located approximately 1.1 miles away.
directions icon Map directions

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

Montessori of Alameda is a private elementary school located approximately 0.2 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

LotSizeRange: SqFt5000to6999
Annual Tax Amount: 13642.34000000
Source Listing Status: Active
County: Multnomah
Directions: Between Skidmore and Prescott
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: Wilshire/ Beaumont
Parcel Number: R316139
Subdivision: Wilshire/ Beaumont
Zoning: R5
Property Subtype: SingleFamilyResidence
Source System Name: C2C

YearAssessments
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

Price Changed 2024-06-05
$1,450,000
RMLS
Price Changed 2024-02-21
$1,485,000
RMLS
Price Changed 2024-01-20
$1,495,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Price Changed 2023-10-09
$1,495,000
RMLS
Price Changed 2023-08-01
$1,545,000
RMLS
Listed 2023-06-22
$1,595,000
RMLS
Sold 2022-03-04
$1,075,000
RMLS
Sold 2012-04-12
$372,000
RMLS
Listed 2012-02-10
$379,000
RMLS
Listing removed 2011-08-22
$389,900
RMLS
Price Changed 2011-07-28
$389,900
RMLS
Price Changed 2011-04-22
$399,900
RMLS
Listed 2011-04-15
$424,900
RMLS
Sold 2009-06-18
$385,000
RMLS
Price Changed 2009-05-02
$399,000
RMLS
Listed 2009-03-13
$425,000
RMLS
Listing removed 2008-12-01
$425,000
RMLS
Listing removed 2008-07-31
$449,900
RMLS
Listed 2008-07-31
$425,000
RMLS
Listing removed 2008-06-02
$449,900
RMLS
Listed 2008-06-02
$449,900
RMLS
Listing removed 2008-03-07
$475,000
RMLS
Listed 2008-03-07
$449,900
RMLS
Listed 2007-12-10
$475,000
RMLS
Sold 2004-07-28
$296,000
Public Record
Sold 1998-02-20
$172,500
Public Record
Sold 1991-07-01
$93,500
Public Record

Year Built: 1942
Building Area Total: 4948
Building Exterior Type: WoodSiding
Foundation Details: ConcretePerimeter
Property Age: 82
Property Condition: Approximately
Roof: Composition
Levels or Stories: 3
House Style: English
Total Area Lower: 1008
Total Area Main: 2244
Total Area Upper: 1696
Architectural Style: English

Sewer: PublicSewer
Water Source: PublicWater
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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.