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$425,000   Price Analysis
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11821 SE Pine St
Portland, OR 97216
3 bed 3 bath 1,650 SqFt ($257/SqFt)
2,178SqFt lot. Built 2005
Listed 2024-03-01, Taxes $5,156
Ⓧ USDA Ineligible
due to location

near Portland

Multi family living in the well kept home.

Downstairs is a one bedroom apartment with separate access and separate utilities.Upstairs unit is a tw bed unit that is tenant occupied on a month to month lease.

There are two covered parking space s. Both units have newer flooring and are in exceptional condition. This is the perfect multi-generational living or owner occupied rental.


Presented by Michelle Palmquist at
Redfin.


Property MLS #24052953 from RMLS

Bedrooms: 3

Full Bathrooms: 3

Heating Features: WallHeater, Zoned
Heating: Yes
Water Heaters: Electricity

Basement Description: Daylight, Finished

Lot Size Acres: 0.05
Lot Size Square Feet: 2178

Garage Spaces: 2
Parking Features: Carport, Covered

Road Surface Type: Paved

Association: Yes

Elementary School: Ventura Park
High School: David Douglas
Middle School: Floyd Light

Ventura Park Elementary School is a public elementary school located approximately 0.1 miles away.
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Floyd Light Middle School is a public middle school located approximately 0.6 miles away.
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David Douglas High School is a public high school located approximately 0.8 miles away.
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Portland Christian Elementary School is a private elementary school located approximately 0.6 miles away.
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Gross Income: 30800
Rent Includes: Sewer, TrashCollection, Water

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

LotSizeRange: SqFt0Kto2999
Annual Tax Amount: 5417.380000000
Source Listing Status: Active
County: Multnomah
Cap Rate: 4.89
Directions: 122nd, West on Pine.
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: Ventura Park
Parcel Number: R539643
Subdivision: Ventura Park
Zoning: R1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$224,690
$5,156
2021$unknown + $unknown
$218,150
$4,863
2020$unknown + $unknown
$211,800
$4,479
2019$unknown + $unknown
$205,640
$4,431
2018$unknown + $unknown
$199,660
$4,267
2017$unknown + $unknown
$193,850
$3,913
2016$unknown + $unknown
$188,210
$3,542
2015$unknown + $unknown
$182,730
$3,402
2014$unknown + $unknown
$177,410
$3,344
2013$unknown + $unknown
$172,250
$3,265
2012$unknown + $unknown
$167,240
$3,064
2011$unknown + $unknown
$162,370
$2,958
2010$unknown + $unknown
$157,650
$3,241
2009$unknown + $unknown
$153,060
$3,318
2008$unknown + $unknown
$148,610
$3,205
2007$unknown + $unknown
$144,290
$3,192

Listing removed 2024-06-14
$0
RMLS
Listed 2024-05-09
$425,000
RMLS
Price Changed 2024-05-09
$425,000
RMLS
Listed 2024-03-01
$450,000
RMLS
Sold 2016-03-24
$280,000
RMLS
Listed 2016-02-01
$250,000
RMLS
Sold 2004-10-01
$206,135
RMLS
Listed 2004-04-21
$206,135
RMLS

Net Operating Income: 20800
Operating Expense: 10000

Year Built: 2005
Building Area Total: 1650
Building Exterior Type: VinylSiding
Foundation Details: Slab
Property Age: 19
Roof: Composition
Levels or Stories: 3

Sewer: PublicSewer
Water Source: PublicWater
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floor_plan

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.