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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. Brand new roof and many updates over the past 5 years of ownership. Upper unit #1, accessible from porch and back stai r 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 Tenants!!!

No sign n property. This rented and updated turnkey Triplex is perfect for investors or partial owner occupied 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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floor_plan

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.