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$3,999,900   Price Analysis
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10985 E Burnside St
Portland, OR 97216
Unknown bed 29 bath 12,705 SqFt ($314/SqFt)
Built 2023
Listed 2023-07-18, Taxes $3,517
Ⓧ USDA Ineligible
due to price & location

near Portland

Stunning + modern new construction 29-unit apartment complex from a quality locl builder!

Trendy, studio floor plans showcase elevated designs + finishes with tall ceilings, SS appliances, W/D hookups, AC + indoor bike storage. Situated in the desirable Hazel wood neighborhood, the 91 Bikescore says it all with astounding proximity to Mall 205 + Adventist Health plus nearby transit, shopping, restaurants, multiple parks, schools and freeway access!

Stunning + modern new construction 29-unit apartment complex from a quality locl builder! Trendy, studio floor plans showcase elevated designs + finishes with tall ceilings, SS appliances, W/D hookups, AC + indoor bike storage. Situated in the desirable Hazel wood neighborhood, the 91 Bikescore says it all with astounding proximity to Mall 205 + Adventist Health plus nearby transit, shopping, restaurants, multiple parks, schools and freeway access!


Presented by Darryl Bodle II at
Keller Williams Realty Portland Premiere.
Listing Agent Photo

Property MLS #23600180 from RMLS

Full Bathrooms: 29

Heating Features: Zoned
Heating: Yes

Lot Description: Level

View: TreesWoods

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

Ventura Park Elementary School is a public elementary school located approximately 0.3 miles away.
directions icon Map directions

Floyd Light Middle School is a public middle school located approximately 0.4 miles away.
directions icon Map directions

David Douglas High School is a public high school located approximately 1.2 miles away.
directions icon Map directions

Eastside Education Center is a private middle and high school located approximately 0.5 miles away.
directions icon Map directions

Gross Income: 389760
Rent Includes: MaintenanceGrounds

Number of Units: 29
Unit Type: UnitTypeType1
Total Bathrooms in Unit-1: 1

LotSizeRange: SqFt10000to14999
Annual Tax Amount: 3517.590000000
Source Listing Status: Active
County: Multnomah
Cap Rate: 7.41
Directions: E Burnside St, Between NE 109th Ave and NE 113th Ave (N side of Burnside)
Tax Year: 2022
Source Property Type: MultiFamily
Source Neighborhood: HAZELWOOD
Parcel Number: R319923
Subdivision: HAZELWOOD
Zoning: RM1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$153,290
$3,517
2021$unknown + $unknown
$148,830
$3,459
2020$unknown + $unknown
$144,500
$3,134
2019$unknown + $unknown
$140,300
$3,034
2018$unknown + $unknown
$136,220
$2,941
2017$unknown + $unknown
$303,570
$6,502
2016$unknown + $unknown
$294,730
$6,331
2015$unknown + $unknown
$286,150
$5,655
2014$unknown + $unknown
$277,820
$5,408
2013$unknown + $unknown
$269,730
$5,032
2012$unknown + $unknown
$261,880
$4,732
2011$unknown + $unknown
$254,260
$4,549
2010$unknown + $unknown
$246,860
$5,050
2009$unknown + $unknown
$239,670
$5,196
2008$unknown + $unknown
$232,690
$5,018
2007$unknown + $unknown
$225,920
$4,998

Price Changed 2024-03-20
$3,999,900
RMLS
Relisted 2024-01-25
$4,499,900
RMLS
Listing removed 2024-01-19
$4,499,900
RMLS
Listed 2023-07-18
$4,499,900
RMLS
Sold 2020-05-20
$120,000
Public Record
Sold 2019-08-16
$175,000
Public Record
Sold 2018-08-30
$180,000
Public Record
Sold 2018-04-18
$140,000
Public Record
Sold 1998-01-02
$187,500
Public Record
Sold 1996-02-07
$162,000
Public Record
Sold 1993-04-12
$125,000
Public Record

Net Operating Income: 296272
Operating Expense: 93488

Year Built: 2023
Building Area Total: 12705
Building Exterior Type: CementSiding
New Construction: Yes
Property Age: 1
Property Condition: UnderConstruction

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.