$639,000 Price Analysis    ♡   Portland, OR 97213 2 bed 3 bath unknown SqFt ($0/SqFt) Built 1884 Listed 2023-12-08, Taxes $4,880 | Ⓧ USDA Ineligible due to location near Portland |
Embrace History: Historic Duplex with Expansion Potential.
Transport you rself to Portland's past with this impeccably preserved 1884 duplex a unique investment opportunity blending vintage charm with modern potential. Professionally managed for a hassle-free experience, the property boasts full occupancy, strategically situated across from Providence Hospital, Oregon's largest emplyer.
Nestled in a vibrant locale with renowned restaurants, coffee shops and the promise of steady income, this duplex stands out. Additional perks include on-site laundry potential, off-street parking and RM2 zoning for potential expansion AND offering a remarkable Capitalization Rate exceeding 5%. Don't miss the chance to own a piece of Portland's history with this lucrative investment. Contact us today to explore the infinite possibilities of this timeless property!
Presented by Joe Spanish at
Windermere Realty Trust.
Property MLS #23300112 from RMLS
Heating: Yes
Water Heaters: Gas
High School: Grant
Middle School: Laurelhurst
Map directions Map directions Map directionsRent Includes: Gas, Sewer, TrashCollection, Water
Unit Type: UnitTypeType1, UnitTypeType2
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Annual Tax Amount: 4880.649999999
Source Listing Status: Active
County: Multnomah
Cap Rate: 5.63
Directions: NE Glisan between 52nd and 49th
Tax Year: 2022
Source Property Type: MultiFamily
Parcel Number: R130627
Zoning: RM2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $182,780 | $4,880 |
| 2021 | $unknown + $unknown $177,460 | $4,798 |
| 2020 | $unknown + $unknown $172,300 | $4,401 |
| 2019 | $unknown + $unknown $167,290 | $4,240 |
| 2018 | $unknown + $unknown $162,420 | $4,115 |
| 2017 | $unknown + $unknown $157,690 | $3,944 |
| 2016 | $unknown + $unknown $153,100 | $3,609 |
| 2015 | $unknown + $unknown $148,650 | $3,515 |
| 2014 | $unknown + $unknown $144,330 | $3,462 |
| 2013 | $unknown + $unknown $140,130 | $3,381 |
| 2012 | $unknown + $unknown $136,050 | $3,059 |
| 2011 | $unknown + $unknown $132,090 | $2,944 |
| 2010 | $unknown + $unknown $128,250 | $2,793 |
| 2009 | $unknown + $unknown $124,520 | $2,720 |
| 2008 | $unknown + $unknown $120,900 | $2,567 |
| 2007 | $unknown + $unknown $117,380 | $2,559 |
$639,000
RMLS
Price Changed 2024-01-18
$0
RMLS
Listed 2023-12-08
$639,000
RMLS
Sold 2022-06-22
$450,000
RMLS
Operating Expense: 9600
Building Exterior Type: ShingleSiding
Foundation Details: Block, ConcretePerimeter
Property Age: 140
Property Condition: Restored
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.