$949,900 Price Analysis    ♡   Portland, OR 97227 4 bed 2 bath 2,175 SqFt ($436/SqFt) 4,356SqFt lot. Built 1907 Listed 2024-05-15, Taxes $5,684 | Ⓧ USDA Ineligible due to price & location near Portland |
2 UNITS!
Major income producing properties. Airbnb and VRBO ready. A gorgeous Victorian main residen ce PLUS newly constructed detached loft one block from the popular Mississippi Ave. Perfectly located one block from shops, bars, coffee and top rated restaurants, this property is a must see. The main residence offers tons of natural light emphasizing the tall ceilings throughout the main level. All new finishes and so much more will make you feel happy to be home as soon as you step inside.
Retreat downstairs to your rec room, 3rd bedroom and large laundry area. This property has convenient alley access with ideal parking for the main home and 2 story ADU loft (built in 2019). The ADU is a fantastic income producing property or can simply be enjoyed by your out of town guests when they visit. This luxury designed loft has vaulted ceilings and incredible natural light making this 620 square foot space feel much larger than imaginable. Both units ar being sold FULLY FURNISHED. Contact us for a tour!
Presented by Dustin Funes at
Premiere Property Group, Llc.
Property MLS #24545466 from RMLS
Heating Features: ForcedAir95Plus, MiniSplit
Heating Fuel: Gas
Heating: Yes
Water Heaters: Gas, Tankless
Lot Size Square Feet: 4356
Parking Total: 2
High School: Jefferson
Middle School: Harriet Tubman
Map directions Map directions Map directions Map directionsGross Scheduled Income: 108000
Unit Type: UnitTypeType1, UnitTypeType2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Annual Tax Amount: 5810.109999999
Source Listing Status: Active
County: Multnomah
Cap Rate: 8.21
Directions: From Fremont St - North on Albina - Parking available from Alley in rear of home
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: MISSISSIPPI / WILLIAMS
Parcel Number: R131292
Subdivision: MISSISSIPPI / WILLIAMS
Zoning: RM1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $212,880 | $5,684 |
| 2021 | $unknown + $unknown $206,680 | $5,588 |
| 2020 | $unknown + $unknown $165,290 | $4,222 |
| 2019 | $unknown + $unknown $123,340 | $3,126 |
| 2018 | $unknown + $unknown $119,750 | $3,034 |
| 2017 | $unknown + $unknown $116,270 | $2,908 |
| 2016 | $unknown + $unknown $112,890 | $2,661 |
| 2015 | $unknown + $unknown $109,610 | $2,591 |
| 2014 | $unknown + $unknown $106,420 | $2,552 |
| 2013 | $unknown + $unknown $103,330 | $2,493 |
| 2012 | $unknown + $unknown $100,330 | $2,256 |
| 2011 | $unknown + $unknown $97,410 | $2,171 |
| 2010 | $unknown + $unknown $94,580 | $2,060 |
| 2009 | $unknown + $unknown $91,830 | $2,006 |
| 2008 | $unknown + $unknown $89,160 | $1,893 |
| 2007 | $unknown + $unknown $86,570 | $1,887 |
$949,900
RMLS
Price Changed 2024-08-14
$949,900
RMLS
Price Changed 2024-07-09
$979,900
RMLS
Price Changed 2024-07-09
$979,900
RMLS
Listed 2024-05-15
$999,900
RMLS
Listed 2024-05-15
$999,900
RMLS
Sold 2018-08-06
$510,000
RMLS
Listed 2018-06-30
$492,000
RMLS
Listing removed 2009-11-23
$109,960
RMLS
Listing removed 2009-11-23
$109,960
RMLS
Sold 2000-06-30
$128,000
Public Record
Sold 1999-03-05
$103,000
Public Record
Listed 1998-11-17
$109,960
RMLS
Listed 1998-11-17
$109,960
RMLS
Operating Expense: 15000
Building Area Total: 2175
Building Exterior Type: CementSiding, WoodSiding
Foundation Details: ConcretePerimeter
Property Age: 117
Property Condition: UpdatedRemodeled
Roof: Composition
Levels or Stories: 2
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.