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$530,000   Price Analysis
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3405 SW 11th Ave
Portland, OR 97239
2 bed 7 bath 1,481 SqFt ($357/SqFt)
5,227SqFt lot. Built 1885
Listed 2024-01-28, Taxes $5,362
Ⓧ USDA Ineligible
due to location

near Portland

Adorable Duplex ready for tenants.

* Has Contingent Offer *

Home originally built in 1885 and later converted to a duplex. Each unit has one bedroom and 1 bathroom.

Unfinished basement is exceptinal for s torage. Duplex is walkable to OHSU and would be great for traveling nurses.


Presented by Jeff Edmondson at
24/7 Properties.


Property MLS #24300092 from RMLS

Bedrooms: 2

Full Bathrooms: 7

Storage: Basement

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

Basement Description: PartialBasement, Unfinished

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

Road Surface Type: Gravel, Paved

Parking Features: Driveway, OffStreet

Elementary School: Ainsworth
High School: Lincoln
Middle School: West Sylvan

Ainsworth Elementary School is a public elementary school located approximately 0.9 miles away.
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Lincoln High School is a public high school located approximately 1.4 miles away.
directions icon Map directions

West Sylvan Middle School is a public middle school located approximately 3.4 miles away.
directions icon Map directions

Cedarwood Waldorf School is a private elementary and middle school located approximately 0.6 miles away.
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Gross Income: 1000

Number of Units: 2
Unit Type: UnitTypeType1, UnitTypeType2
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 6
Total Bathrooms in Unit-2: 1

Calculated Total Monthly Association Fees: 0

LotSizeRange: SqFt5000to6999
Annual Tax Amount: 5481.119999999
Source Listing Status: ActiveUnderContract
County: Multnomah
Cap Rate: 0.09
Directions: Corner of SW 11th St and SW Whitaker St
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: R247216
Zoning: R1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$201,010
$5,362
2021$unknown + $unknown
$195,160
$5,271
2020$unknown + $unknown
$189,480
$4,835
2019$unknown + $unknown
$172,300
$4,362
2018$unknown + $unknown
$167,290
$4,234
2017$unknown + $unknown
$162,420
$4,058
2016$unknown + $unknown
$157,690
$3,713
2015$unknown + $unknown
$153,100
$3,616
2014$unknown + $unknown
$148,650
$3,562
2013$unknown + $unknown
$144,330
$3,479
2012$unknown + $unknown
$140,130
$3,147
2011$unknown + $unknown
$136,050
$3,028
2010$unknown + $unknown
$132,090
$2,870
2009$unknown + $unknown
$128,250
$2,794
2008$unknown + $unknown
$124,520
$2,637
2007$unknown + $unknown
$120,900
$2,632

Relisted 2024-08-22
$530,000
RMLS
Listing removed 2024-08-21
$0
RMLS
Relisted 2024-07-31
$530,000
RMLS
Listing removed 2024-07-30
$0
RMLS
Price Changed 2024-06-12
$530,000
RMLS
Price Changed 2024-03-25
$549,950
RMLS
Listed 2024-01-28
$599,950
RMLS

Net Operating Income: 500
Operating Expense: 6000

Year Built: 1885
Building Area Total: 1481
Building Exterior Type: ShakeSiding
Foundation Details: ConcretePerimeter
Property Age: 139
Property Condition: Approximately
Roof: Composition
Levels or Stories: 1

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.