$589,000 Price Analysis    ♡   Portland, OR 97236 6 bed 3 bath 2,448 SqFt ($240/SqFt) 0.31 acre lot. Built 1964 Listed 2024-07-23, Taxes $5,132 | Ⓧ USDA Ineligible due to location near Portland |
All units rented with long term tenants
5yrs+. Freshly painted and well maintained this is a fantastic investment fr any portfolio!
Large 82' x67' open area at back of lot has potential to add more units to the lot with RM1 zoning (Buyer to do due diligence).
Presented by Jason De Paz at
Keller Williams Realty Portland Elite.
Property MLS #24643846 from RMLS
Bedrooms: 6
Full Bathrooms: 3
Heating Features: Baseboard, WallHeater
Heating Fuel: Electricity
Heating: Yes
Water Heaters: Electricity
Heating Fuel: Electricity
Heating: Yes
Water Heaters: Electricity
Basement Description: CrawlSpace
Lot Description: Level, OnBusline, PublicRoad
Lot Size Acres: 0.31
Lot Size Dimensions: 65x211.79
Lot Size Square Feet: 13503
Lot Size Acres: 0.31
Lot Size Dimensions: 65x211.79
Lot Size Square Feet: 13503
Road Surface Type: Paved
Parking Features: OffStreet
Parking Total: 6
Parking Total: 6
Elementary School: Lincoln Park
High School: David Douglas
Middle School: Ron Russell
High School: David Douglas
Middle School: Ron Russell
Lincoln Park Elementary School is a public elementary school located approximately 0.8 miles away.
Map directions
Map directionsRon Russell Middle School is a public middle school located approximately 0.9 miles away.
Map directions
Map directionsDavid Douglas High School is a public high school located approximately 1.2 miles away.
Map directions
Map directionsFranciscan Montessori Earth School is a private elementary, middle and high school located approximately 1 miles away.
Map directions
Map directionsGross Income: 44664
Rent Includes: TrashCollection
Rent Includes: TrashCollection
Number of Units: 3
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
LotSizeRange: SqFt10000to14999
Annual Tax Amount: 5414.800000000
Source Listing Status: Active
County: Multnomah
Cap Rate: 6.24
Directions: SE Powell Blvd to SE 129th, north on 129th to property
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: POWELLHURST - GILBERT
Parcel Number: R207785
Subdivision: POWELLHURST - GILBERT
Zoning: RM1
Source System Name: C2C
Annual Tax Amount: 5414.800000000
Source Listing Status: Active
County: Multnomah
Cap Rate: 6.24
Directions: SE Powell Blvd to SE 129th, north on 129th to property
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: POWELLHURST - GILBERT
Parcel Number: R207785
Subdivision: POWELLHURST - GILBERT
Zoning: RM1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $223,670 | $5,132 |
| 2021 | $unknown + $unknown $217,160 | $5,048 |
| 2020 | $unknown + $unknown $210,840 | $4,573 |
| 2019 | $unknown + $unknown $204,700 | $4,427 |
| 2018 | $unknown + $unknown $198,740 | $4,291 |
| 2017 | $unknown + $unknown $192,960 | $4,133 |
| 2016 | $unknown + $unknown $187,340 | $4,024 |
| 2015 | $unknown + $unknown $181,890 | $3,928 |
| 2014 | $unknown + $unknown $176,600 | $3,853 |
| 2013 | $unknown + $unknown $171,460 | $3,748 |
| 2012 | $unknown + $unknown $166,470 | $3,567 |
| 2011 | $unknown + $unknown $161,630 | $3,444 |
| 2010 | $unknown + $unknown $156,930 | $3,379 |
| 2009 | $unknown + $unknown $152,360 | $3,303 |
| 2008 | $unknown + $unknown $147,930 | $3,190 |
| 2007 | $unknown + $unknown $143,630 | $3,177 |
Listed 2024-07-23
$589,000
RMLS
Listing removed 2009-02-22
$339,500
RMLS
Listing removed 2009-01-23
$339,500
RMLS
Listed 2008-03-26
$339,500
RMLS
Sold 2007-03-10
$215,000
RMLS
Sold 2007-01-22
$150,000
Public Record
Listed 2007-01-22
$215,000
RMLS
Sold 1995-08-30
$84,500
Public Record
Sold 1991-08-01
$84,500
Public Record
$589,000
RMLS
Listing removed 2009-02-22
$339,500
RMLS
Listing removed 2009-01-23
$339,500
RMLS
Listed 2008-03-26
$339,500
RMLS
Sold 2007-03-10
$215,000
RMLS
Sold 2007-01-22
$150,000
Public Record
Listed 2007-01-22
$215,000
RMLS
Sold 1995-08-30
$84,500
Public Record
Sold 1991-08-01
$84,500
Public Record
Net Operating Income: 36775
Operating Expense: 7889
Operating Expense: 7889
Year Built: 1964
Building Area Total: 2448
Building Exterior Type: CementSiding
Foundation Details: ConcretePerimeter
Property Age: 60
Property Condition: Approximately
Roof: Composition
Levels or Stories: 1
Building Area Total: 2448
Building Exterior Type: CementSiding
Foundation Details: ConcretePerimeter
Property Age: 60
Property Condition: Approximately
Roof: Composition
Levels or Stories: 1
Sewer: PublicSewer
Water Source: PublicWater
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.