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$4,700,000   Price Analysis
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12026 SE Ash St
Portland, OR 97216
71 bed 47 bath 30,000 SqFt ($156/SqFt)
Built 2011
Listed 2019-11-02, Taxes $53,485
Ⓧ USDA Ineligible
due to price & location

near Portland

Ash Court is a 47 unit apartment building.

* Sale Pending *

Built in 2011, each unit includes a washer/dryer, wall to wall carpet and vast floor plan.6.36% Cap Rate 6.43% Cash on Cash*Both bsed on actual operating numbers

Ash Court is a 47 unit apartment building. Built in 2011, each unit includes a washer/dryer, wall to wall carpet and vast floor plan.6.36% Cap Rate 6.43% Cash on Cash*Both bsed on actual operating numbers


Presented by Cameron Irtifa at
Real Pro NW.com.


Property MLS #17107745 from RMLS

Bedrooms: 71

Cooling Features: HeatPump
Heating Features: HeatPump
Heating: Yes
Water Heaters: Electricity

Full Bathrooms: 47

Gross Income: 461848
Rent Includes: Sewer, TrashCollection, Water

Number of Units: 47
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: 1

LotSizeRange: SqFt15000to19999
Annual Tax Amount: 7093.010000000
Source Listing Status: Pending
County: Multnomah
Cap Rate: 6.36
Directions: SE Portland | 47 units | High Quality Low-Income Housing
Source Property Type: MultiFamily
Parcel Number: R293814
Zoning: RH
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$2,330,800
$53,485
2021$unknown + $unknown
$382,760
$7,715
2020$unknown + $unknown
$371,620
$7,438
2019$unknown + $unknown
$360,800
$7,370
2018$unknown + $unknown
$350,300
$6,295
2017$unknown + $unknown
$340,100
$7,284
2016$unknown + $unknown
$330,200
$7,093
2015$unknown + $unknown
$320,590
$6,923
2014$unknown + $unknown
$311,260
$6,791
2013$unknown + $unknown
$302,200
$6,606
2012$unknown + $unknown
$293,400
$6,287
2011$unknown + $unknown
$1,878,690
$40,033
2010$unknown + $unknown
$138,790
$2,989
2009$unknown + $unknown
$77,700
$1,684
2008$unknown + $unknown
$75,440
$1,627
2007$unknown + $unknown
$73,250
$1,620

Price Changed 2024-01-20
$4,700,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Price Changed 2022-09-10
$4,700,000
RMLS
Price Changed 2022-09-09
$0
RMLS
Sold 2019-11-22
$4,350,000
Public Record
Relisted 2019-11-02
$4,700,000
RMLS
Listing removed 2018-02-15
$4,700,000
RMLS
Relisted 2018-02-03
$4,700,000
RMLS
Listing removed 2018-02-02
$4,700,000
RMLS
Listed 2017-11-01
$4,700,000
RMLS
Listing removed 2014-10-30
$0
RentalRoost
Listed for rent 2014-08-28
$0
RentalRoost
Sold 2007-05-30
$404,000
Public Record
Sold 2006-04-19
$327,000
Public Record
Sold 1996-09-12
$97,500
Public Record
Sold 1996-01-01
$97,500
Public Record

Net Operating Income: 298843
Operating Expense: 163005

Year Built: 2011
Building Area Total: 30000
Building Exterior Type: CementSiding
Foundation Details: Slab
Property Age: 13
Roof: Composition

Sewer: PublicSewer
Water Source: PublicWater

Security Features: HandicapAccess, Sidewalk

Ventura Park Elementary School is a public elementary school located approximately 0.2 miles away.
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Floyd Light Middle School is a public middle school located approximately 0.7 miles away.
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David Douglas High School is a public high school located approximately 0.7 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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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.