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$3,500,000   Price Analysis
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475 NE 74th Ave
Portland, OR 97213
22 bed 12 bath 10,211 SqFt ($342/SqFt)
4,791SqFt lot. Built 2020
Listed 2024-06-14, Taxes $21,037
Ⓧ USDA Ineligible
due to price & location

near Portland

Located in a secured building a short distanc from Mount Tabor Park

Nearby shopping, coffee shops and restaurants. Close to Mt Tabor park where you'll never be disappointed with the trails to explore and pretty city views. Apartment Features: Open, vast concept. Large windows offering plenty of natural light, White kitchen countertops with custom cabinetry, LVP flooring.

Secure bike storage. Fully equipped kitchen with stainless steel appliances Bathrooms feature moder n finishes and a bathtub. Washer and Dryer each unit Bedrooms are cozy and comfortable with high ceilings and ample privacy with space between each room.


Presented by John Olson at
Realty Works Group.


Property MLS #24077234 from RMLS

Bedrooms: 22

Full Bathrooms: 12

Heating Features: ForcedAir
Heating Fuel: Electricity
Heating: Yes
Water Heaters: Electricity

Basement Description: CrawlSpace

Lot Description: Level
Lot Size Acres: 0.1099862
Lot Size Dimensions: 4900 Sq Ft
Lot Size Square Feet: 4791

Road Surface Type: Paved

Parking Features: OnStreet

Elementary School: Vestal
High School: Leodis McDaniel
Middle School: Roseway Heights

Vestal Elementary School is a public elementary school located approximately 0.4 miles away.
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Madison High School is a public high school located approximately 1.1 miles away.
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Roseway Heights School is a public middle school located approximately 1.3 miles away.
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Columbia Christian School is a private elementary, middle and high school located approximately 0.8 miles away.
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Gross Income: 212219
Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Number of Units: 12
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: SqFt3000to4999
Annual Tax Amount: 21503.70000000
Source Listing Status: Active
County: Multnomah
Cap Rate: 4.38
Directions: NE Glisan
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: MONTAVILLA / NORTH TABOR
Parcel Number: R222338
Subdivision: MONTAVILLA / NORTH TABOR
Zoning: CM2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$787,870
$21,037
2021$unknown + $unknown
$764,920
$20,681
2020$unknown + $unknown
$257,090
$6,567
2019$unknown + $unknown
$52,270
$1,324
2018$unknown + $unknown
$50,750
$1,285
2017$unknown + $unknown
$49,280
$1,232
2016$unknown + $unknown
$47,850
$1,128
2015$unknown + $unknown
$46,460
$1,098
2014$unknown + $unknown
$45,110
$1,082
2013$unknown + $unknown
$43,800
$1,057
2012$unknown + $unknown
$42,530
$956
2011$unknown + $unknown
$41,300
$920
2010$unknown + $unknown
$40,100
$873
2009$unknown + $unknown
$38,940
$850
2008$unknown + $unknown
$37,810
$802
2007$unknown + $unknown
$36,710
$800

Listed 2024-06-14
$3,500,000
RMLS
Sold 2018-05-31
$487,806
Public Record
Sold 2018-01-10
$285,000
Public Record

Net Operating Income: 153439
Operating Expense: 58780

Year Built: 2020
Building Area Total: 10211
Building Exterior Type: CementSiding
Foundation Details: ConcretePerimeter
Property Age: 4
Property Condition: Existing
Roof: Composition
Levels or Stories: 3

Sewer: PublicSewer
Water Source: PublicWater

Security Features: FireSprinklerSystem, SecurityGate
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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.