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$949,000   Price Analysis
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3418 N Commercial Ave
Portland, OR 97227
3 bed 5 bath 3,416 SqFt ($277/SqFt)
2,178SqFt lot. Built 2017
Listed 2024-06-14
Ⓧ USDA Ineligible
due to price & location

near Portland

Luxury modern townhouse with ADU in daylight lower level.

Home features 3 vast bedrooms, all with private bathrooms + 4th floor loft that opens to private rooftop deck with outdoor gas fireplace. Floor to ceiling windows. Stunning kitchn with extended island, quartz counters, tile backsplash, high-end SS appliances.

Spectacular MBR soaking tub with ceiling water fill plus oversized walk-in shower in 2nd bathroom. Brand new tear-off roof. Convenient access to shops, restaurants and grocery in the popular Williams and Mississippi district. ADU has both interior and separate exterior entrances. Next door unit is also available. Purchase individually or as a 4-plex.


Presented by Phyllis Ghazi at
More Realty.
Listing Agent Photo

Property MLS #24578529 from RMLS

Bedrooms: 3

Cooling Features: CentralAir
Heating Features: ForcedAir
Heating Fuel: Gas
Heating: Yes
Water Heaters: Tank, Tankless

Full Bathrooms: 5

Basement Description: Daylight, Finished

Lot Description: Level
Lot Size Acres: 0.05
Lot Size Square Feet: 2178

Garage Spaces: 1
Parking Features: Attached, Garage

Road Surface Type: Paved

Elementary School: Boise-Eliot
High School: Grant
Middle School: Harriet Tubman

Boise-Eliot Elementary School is a public elementary school located approximately 0.1 miles away.
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Harriet Tubman Middle School is a public middle school located approximately 0.6 miles away.
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Jefferson High School is a public high school located approximately 0.9 miles away.
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Albina Youth Opportunity School is a private high school located approximately 0.3 miles away.
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Gross Income: 61735

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

LotSizeRange: SqFt0Kto2999
Annual Tax Amount: 13185.73999999
Source Listing Status: Active
County: Multnomah
Cap Rate: 4.73
Directions: Between Fremont & Kerby on Commercial
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: Williams Corridor
Parcel Number: R672596
Subdivision: Williams Corridor
Zoning: RM2
Source System Name: C2C

Listed 2024-06-14
$949,000
RMLS
Listing removed 2024-03-28
$999,000
RMLS
Listing removed 2024-03-28
$949,900
RMLS

Net Operating Income: 44880
Operating Expense: 16855

Year Built: 2017
Building Area Total: 3416
Building Exterior Type: CementSiding, WoodSiding
Property Age: 7
Roof: Flat
Levels or Stories: 4

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.