Killer Killingswo rth Invest property!

Remodeled 4-plex in the heart of Cully. Each unit features 2 bedrooms, 1 bathroom, a vast living room, LED fireplace, dining area, robust kitchen and outdoor space.

Easy to rent and Easy to maintain with a 6.5%+ cap rate and 8 off street parking spts. An all around slam dunk investment property.

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on 5421 NE Killingsworth St
in Portland, OR
Presented by Adam Kaplan at
Branch Real Estate.


Property MLS #24487984 from RMLS

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bedrooms

Bedrooms: 8

+ Bathrooms

Full Bathrooms: 4

+ Heating and Cooling

Heating Features: Baseboard
Heating Fuel: Electricity
Heating: Yes
Water Heaters: Electricity

+ Other Rooms

Basement Description: CrawlSpace

+ Land Info

Lot Description: Level, OnBusline
Lot Size Acres: 0.28
Lot Size Dimensions: 124x100
Lot Size Square Feet: 12196

+ Exterior and Lot Features

Road Surface Type: Concrete, Paved

+ Garage and Parking

Parking Features: OffStreet, Open
Parking Total: 8

+ School Information

Elementary School: Rigler
High School: Leodis McDaniel
Middle School: Beaumont
+ Display Complete School Details

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

Beaumont Middle School is a public middle school located approximately 1.2 miles away.
Map directions

Madison High School is a public high school located approximately 1.9 miles away.
Map directions

Trinity Lutheran Christian School is a private elementary and middle school located approximately 0.1 miles away.
Map directions

+ Rental Info

Gross Income: 83964
Rent Includes: MaintenanceGrounds, TrashCollection

+ Multi-Unit Info

Number of Units: 4
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

LotSizeRange: SqFt10000to14999
Annual Tax Amount: 9436.469999999
Source Listing Status: Active
County: Multnomah
Cap Rate: 6.76
Directions: North side of NE Killingworth St just west of NE 55th
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: CULLY ASSOCIATION OF NEIGHBORS
Parcel Number: R317641
Subdivision: CULLY ASSOCIATION OF NEIGHBORS
Zoning: RM1
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$unknown + $unknown $345740	$9232
2021	$unknown + $unknown $335670	$9075
2020	$unknown + $unknown $325900	$8325
2019	$unknown + $unknown $316410	$8019
2018	$unknown + $unknown $307200	$7783
2017	$unknown + $unknown $298260	$7460
2016	$unknown + $unknown $289580	$6827
2015	$unknown + $unknown $281150	$6648
2014	$unknown + $unknown $272970	$6548
2013	$unknown + $unknown $265020	$5708
2012	$unknown + $unknown $257310	$5226
2011	$unknown + $unknown $249820	$5012
2010	$unknown + $unknown $242550	$5283
2009	$unknown + $unknown $235490	$5144
2008	$unknown + $unknown $228640	$4855
2007	$unknown + $unknown $221990	$4840

+ Reveal Property Sale History

Price Changed 2024-03-22
$970000
RMLS

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Listed 2024-02-13
$1000000
RMLS

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Sold 2020-09-08
$672500
RMLS

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Sold 2015-01-15
$395000
RMLS

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Listed 2014-12-05
$395000
RMLS

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Listing removed 2008-05-03
$382432
RMLS

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Listed 2008-02-02
$382432
RMLS

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Sold 1996-07-31
$170000
Public Record

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Sold 1994-07-19
$170000
Public Record

+ Commercial Info

Net Operating Income: 65620
Operating Expense: 18344

+ Building and Construction

Year Built: 1982
Building Area Total: 3328
Building Exterior Type: Cedar, CementSiding
Foundation Details: ConcretePerimeter
Property Age: 42
Property Condition: UpdatedRemodeled
Roof: Composition
Levels or Stories: 2

+ Utilities

Sewer: PublicSewer
Water Source: PublicWater