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$950,000   Price Analysis
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8128 NE Beech St
Portland, OR 97213
5 bed 4 bath 3,984 SqFt ($238/SqFt)
5,227SqFt lot. Built 1954
Listed 2024-05-14, Taxes $9,825		Ⓧ USDA Ineligible
due to price & location
near Portland

Investment property ! Fully rented and increased rents effectve June 1

2024.

Investment property ! Fully rented and increased rents effectve June 1, 2024.


Presented by Kelsey Gray at
John L. Scott.
Listing Agent Photo

Property MLS #24302416 from RMLS

Bedrooms: 5

Full Bathrooms: 4

Storage: Basement, Garage

Heating Features: WallHeater, Zoned
Heating Fuel: Electricity
Heating: Yes
Water Heaters: Electricity

Basement Description: Unfinished

Lot Description: CornerLot, Level
Lot Size Acres: 0.1199954
Lot Size Square Feet: 5227

Garage Spaces: 1
Parking Features: Driveway, OffStreet
Parking Total: 6

Road Surface Type: Paved

View: Territorial
Security Features: Sidewalk

Elementary School: Jason Lee
High School: Leodis McDaniel
Middle School: Roseway Heights

Madison High School is a public high school located approximately 0.5 miles away.
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Roseway Heights School is a public middle school located approximately 0.5 miles away.
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Lee Elementary School is a public elementary school located approximately 1 miles away.
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City Christian Schools is a private elementary, middle and high school located approximately 0.6 miles away.
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Gross Income: 69607
Gross Scheduled Income: 82968
Rent Includes: Electricity, Heat, Sewer, TrashCollection, Water

Number of Units: 4
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1

Calculated Total Monthly Association Fees: 0

LotSizeRange: SqFt5000to6999
Annual Tax Amount: 11135.29000000
Source Listing Status: Active
County: Multnomah
Cap Rate: 5.12
Directions: N on 82nd, Left on NE BEECH, on the left corner
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: Madison South
Parcel Number: R300343
Subdivision: Madison South
Zoning: RM1
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2020$0 + $0
$384,580		$9,825
2019$0 + $0
$373,380		$9,464
2018$0 + $0
$362,510		$9,185
2017$0 + $0
$351,960		$8,804
2016$0 + $0
$341,710		$8,057
2015$0 + $0
$331,760		$7,531
2014$0 + $0
$322,100		$6,622
2013$unknown + $unknown
$312,720		$5,807
2012$unknown + $unknown
$303,620		$5,549
2011$unknown + $unknown
$294,780		$5,377
2010$unknown + $unknown
$286,200		$5,596
2009$unknown + $unknown
$277,870		$6,071
2008$unknown + $unknown
$269,780		$5,729
2007$unknown + $unknown
$261,930		$5,712

Listed 2024-05-14
$950,000
RMLS
Listing removed 2017-12-13
$1,175
Zumper
Listed for rent 2017-12-03
$1,175
Zumper
Listing removed 2017-11-13
$599,000
RMLS
Relisted 2017-11-06
$599,000
RMLS
Listing removed 2017-09-18
$599,000
RMLS
Relisted 2017-07-25
$599,000
RMLS
Listing removed 2017-07-21
$599,000
RMLS
Price Changed 2017-07-20
$599,000
RMLS
Relisted 2017-06-07
$617,000
RMLS
Listing removed 2017-05-30
$617,000
RMLS
Price Changed 2017-05-03
$617,000
RMLS
Relisted 2017-04-23
$627,500
RMLS
Listing removed 2017-04-15
$627,500
RMLS
Relisted 2017-03-01
$627,500
RMLS
Listing removed 2017-01-11
$627,500
RMLS
Listed 2017-01-10
$599,000
RMLS
Listing removed 2016-12-22
$627,500
RMLS
Price Changed 2016-10-21
$627,500
RMLS
Price Changed 2016-09-26
$629,000
RMLS
Price Changed 2016-08-13
$669,000
RMLS
Relisted 2016-07-21
$695,000
RMLS
Listing removed 2016-07-14
$695,000
RMLS
Listed 2016-07-12
$695,000
RMLS
Listing removed 2009-10-18
$419,000
RMLS
Listed 2009-04-09
$419,000
RMLS
Listing removed 2006-10-24
$399,900
RMLS
Listed 2006-07-25
$399,900
RMLS
Listing removed 2006-07-21
$399,900
RMLS
Listed 2006-05-18
$399,900
RMLS
Listing removed 2006-03-10
$407,950
RMLS
Listed 2005-12-09
$407,950
RMLS
Listing removed 2005-11-18
$370,000
RMLS
Listed 2005-09-08
$370,000
RMLS
Listing removed 2005-08-05
$440,000
RMLS
Listed 2005-07-12
$440,000
RMLS
Listing removed 2005-06-29
$390,000
RMLS
Listed 2005-04-22
$390,000
RMLS
Listing removed 2005-03-25
$374,900
RMLS
Listed 2004-10-18
$374,900
RMLS
Sold 2004-02-25
$330,000
RMLS
Listed 2003-11-10
$330,000
RMLS

Net Operating Income: 48606
Operating Expense: 21001

Year Built: 1954
Building Area Total: 3984
Building Exterior Type: Brick, LapSiding
Property Age: 70
Property Condition: Existing
Roof: Shingle

Sewer: PublicSewer
Water Source: PublicWater
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house_viewporchkitchenbathroomunknown

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.