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$814,000   Price Analysis
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7550 N Mohawk Ave
Portland, OR 97203
7 bed 4 bath 2,756 SqFt ($295/SqFt)
0.33 acre lot. Built 1962
Listed 2024-05-28
Ⓧ USDA Ineligible
due to price & location

near Portland

Very motivated Seller!!

* Sale Pending *

Best to see this home in person because there is so much to it. A unique and flexible opportunity in the heart of St. Johns! Gorgeous Mid-Century home featuring dream landscaping + ADU + studio! There's room for everyone in this unique and well-maintained home, which sprawls across a 1/3 acre with flowers galore. This home has ideal features, including hardwood floors, 3 fireplaces with definitive hearths and mantles, fresh interior paint and huge vinyl windows. The living room is truly gorgous and maintains its Mid-Century character and charm. The kitchen was recently updated with ample storage, counter space, granite countertops, a long eating bar, tile backsplash, a lovely garden window, range hood and dishwasher. The generous open-concept kitchen and dining room give you plenty of room for entertaining with a slider overlooking a lovely covered patio and giant backyard.

Making your way downstairs, the basement ADU is over 1000 square feet and incredibly versatile. Remodeled in 2019, the ADU has a fantastic circular layout, 3 large egress windows plus many more windows, a full kitchen w dining area, a full bathroom, a huge living room & huge bedroom with two closets. Easily used as part of the home or as a separate living space with an exterior entrance. Outside you'll find a long driveway w room for your RV or Boat. The 2-car attached garage adds extra stora ge space. Plus, a versatile, detached 300sf shop/office adjacent to the home, complete with natural light & an electric panel. There is one more extra storage shed at the end of the driveway for yard tools, etc. Overall, this is a private, sprawling, fully fenced property with ample space for pets, gardening, playing, etc. Please note: the closets in 2 of the bedrooms were customized; therefore, the seller is willing to offer a $2000 credit to remodel as needed. The owner will consider seller carried financing for 3 years with 25% down; interest rate and details would be negotiated.


Presented by Jasmine Deatherage at
Urban Nest Realty.
Listing Agent Photo

Property MLS #24448607 from RMLS

Bedrooms: 7

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

Full Bathrooms: 4

Storage: Basement, Garage

Basement Description: SeparateLivingQuartersApartmentAuxLivingUnit

Lot Description: Level
Lot Size Acres: 0.33
Lot Size Square Feet: 14374

Garage Spaces: 2
Parking Features: Driveway, Garage

Road Surface Type: Paved

View: Territorial

Elementary School: James John
High School: Roosevelt
Middle School: George

James John Elementary School is a public elementary school located approximately 0.2 miles away.
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Roosevelt High School is a public high school located approximately 0.4 miles away.
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George Middle School is a public middle school located approximately 0.7 miles away.
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Pathfinder Academy is a private high school located approximately 0.2 miles away.
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Gross Income: 36000

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

Calculated Total Monthly Association Fees: 0

Community Features: AllLandscaping

LotSizeRange: SqFt10000to14999
Annual Tax Amount: 8496.790000000
Source Listing Status: Pending
County: Multnomah
Cap Rate: 4.18
Directions: From Lombard go North onto Mohawk Ave.
Source Property Type: MultiFamily
Source Neighborhood: ST. JOHNS
Parcel Number: R127188
Subdivision: ST. JOHNS
Zoning: R2.5
Source System Name: C2C

Price Changed 2024-06-11
$814,000
RMLS
Price Changed 2024-06-11
$814,000
RMLS
Price Changed 2024-06-05
$835,000
RMLS
Price Changed 2024-06-05
$835,000
RMLS
Listed 2024-05-28
$849,900
RMLS
Listed 2024-05-22
$849,900
RMLS
Sold 2018-06-12
$600,000
RMLS
Listed 2018-04-02
$625,000
RMLS
Sold 2012-03-21
$247,900
RMLS
Price Changed 2011-11-21
$274,950
RMLS
Price Changed 2011-10-21
$299,950
RMLS
Listing removed 2011-09-13
$309,950
RMLS
Listed 2011-09-13
$309,950
RMLS
Price Changed 2011-06-16
$309,950
RMLS
Listed 2011-05-11
$349,950
RMLS
Sold 2003-09-23
$190,000
RMLS
Listed 2003-06-02
$190,000
RMLS

Net Operating Income: 34000
Operating Expense: 2000

Year Built: 1962
Building Area Total: 2756
Building Exterior Type: Brick, Cedar, WoodSiding
Foundation Details: ConcretePerimeter
Property Age: 62
Property Condition: UpdatedRemodeled
Roof: Composition
Levels or Stories: 2

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.