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$799,000   Price Analysis
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4314 SE 72nd Ave
Portland, OR 97206
5 bed 3 bath 2,700 SqFt ($295/SqFt)
4,356SqFt lot. Built 1913
Listed 2024-04-27, Taxes $5,309
Ⓧ USDA Ineligible
due to price & location

near Portland

Great opportunity.

SE 72nd Triplex one block North of Holgate Blvd Bus Line. Mutlifamily living or rental property. Pristine roof and many updates over the past 5 years of ownership. Upper unit #1, accessible from porch and back stair case with living, den/office, kitchen, bath and bedroom. Large main unit #2, entrance from porch with living/dining room, den/office, 2 bedrooms, bath, kitchen and laundry. Lower level unit #3, living/dining room, 2 bedrooms, 2 baths, kitchen & laundry. Easy living, enjoy front and side yards. Property is outlined and marked Lot 1 in ariel photo. Lot 2, undeveloped, is sold separately. Drive by & make offer contingent on interior inspection. Viewing with accepted offer. Do Not Disturb Tena nts!!!

No sign on property. This rented and updated turnkey Triplex is perfect for investors or partial owner occuped property with a calculated 5%+ Cap Rate.


Presented by Katie Hale at
Windermere Realty Group.
Listing Agent Photo

Property MLS #24395788 from RMLS

Bedrooms: 5

Cooling Features: HeatPump
Heating Features: HeatPump, WallHeater
Heating: Yes
Water Heaters: Electricity

Full Bathrooms: 3

Basement Description: Finished, FullBasement, SeparateLivingQuartersApartmentAuxLivingUnit

Lot Description: GentleSloping, Level, PublicRoad
Lot Size Acres: 0.1
Lot Size Dimensions: 67x73
Lot Size Square Feet: 4356

Road Surface Type: Paved

Parking Features: OnStreet

Elementary School: Marysville
High School: Franklin
Middle School: Kellogg

Marysville Elementary School is a public elementary and middle school located approximately 0.4 miles away.
directions icon Map directions

Franklin High School is a public high school located approximately 1.2 miles away.
directions icon Map directions

Mt Scott Park Center for Learning is a private high school located approximately 0.5 miles away.
directions icon Map directions

Gross Income: 52908
Rent Includes: Electricity, MaintenanceGrounds

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

Community Features: AllLandscaping

LotSizeRange: SqFt3000to4999
Annual Tax Amount: 5426.920000000
Source Listing Status: Active
County: Multnomah
Cap Rate: 5.3
Directions: SE Powell, South on 72nd ... or SE Holgate, North on 72nd
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: FOSTER - POWELL
Parcel Number: R218118
Postal Code Plus 4: 3449
Subdivision: FOSTER - POWELL
Zoning: R5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$198,840
$5,309
2021$unknown + $unknown
$193,050
$5,219
2020$unknown + $unknown
$187,420
$4,788
2019$unknown + $unknown
$172,790
$4,379
2018$unknown + $unknown
$167,760
$4,250
2017$unknown + $unknown
$162,880
$4,074
2016$unknown + $unknown
$158,140
$3,728
2015$unknown + $unknown
$153,540
$3,630
2014$unknown + $unknown
$149,070
$3,576
2013$unknown + $unknown
$144,730
$3,492
2012$unknown + $unknown
$140,520
$3,159
2011$unknown + $unknown
$136,430
$3,040
2010$unknown + $unknown
$132,460
$2,885
2009$unknown + $unknown
$128,610
$2,809
2008$unknown + $unknown
$124,870
$2,651
2007$unknown + $unknown
$121,240
$2,643

Listed 2024-04-27
$799,000
RMLS
Sold 2019-09-20
$464,000
RMLS
Listing removed 2010-04-28
$209,000
RMLS
Listed 1999-04-16
$209,000
RMLS
Sold 1990-01-01
$49,300
Public Record

Net Operating Income: 42327
Operating Expense: 10581

Year Built: 1913
Building Area Total: 2700
Building Exterior Type: MetalSiding, T111Siding, WoodSiding
Foundation Details: ConcretePerimeter
Property Age: 111
Property Condition: UpdatedRemodeled
Roof: Composition
Levels or Stories: 3

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.