$3,000,000 Price Analysis    ♡   Portland, OR 97206 32 bed 20 bath 12,984 SqFt ($231/SqFt) 0.32 acre lot. Built 1949 Listed 2024-08-08, Taxes $17,726 | Ⓧ USDA Ineligible due to price & location near Portland |
Great rental income opportunity!
This oversized lots have 11 unique spaces that include 9 tw-story homes built in 2001 (4 duplexes, 1 single) and 2 detached single family residences built in 1949. Each home includes all appliances, washer, dryer, 2 parking spots and small private outdoor space.
Parking lot resealed July 2022. All ten ants pay on time rents. Less than 1% vacancy rate. Owner pays for water, sewer and garbage. Brand new roofs in 2024 installed on all the 2001 units. Let this investment property work for you!!!
Presented by Ariel Sasser at
Property Group NW.
Property MLS #24534389 from RMLS
Bedrooms: 32
Cooling Features: WindowUnit
Heating Features: Baseboard
Heating Fuel: Electricity
Heating: Yes
Water Heaters: Electricity
Heating Features: Baseboard
Heating Fuel: Electricity
Heating: Yes
Water Heaters: Electricity
Full Bathrooms: 20
Basement Description: CrawlSpace
Lot Description: Level
Lot Size Acres: 0.32
Lot Size Square Feet: 13939
Lot Size Acres: 0.32
Lot Size Square Feet: 13939
Garage Spaces: 1
Parking Features: Assigned
Parking Total: 22
Parking Features: Assigned
Parking Total: 22
Road Surface Type: Paved
Elementary School: Whitman
High School: Cleveland
Middle School: Lane
High School: Cleveland
Middle School: Lane
Whitman Elementary School is a public elementary school located approximately 0.2 miles away.
Map directions
Map directionsLane Middle School is a public middle school located approximately 0.8 miles away.
Map directions
Map directionsCleveland High School is a public high school located approximately 3.3 miles away.
Map directions
Map directionsVillage Free School is a private elementary, middle and high school located approximately 0.9 miles away.
Map directions
Map directionsGross Income: 286800
Gross Scheduled Income: 300900
Rent Includes: Sewer, TrashCollection, Water
Gross Scheduled Income: 300900
Rent Includes: Sewer, TrashCollection, Water
Number of Units: 11
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 3
Bedrooms in Unit-5: 3
Bedrooms in Unit-6: 3
Bedrooms in Unit-7: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Total Bathrooms in Unit-5: 2
Total Bathrooms in Unit-6: 2
Total Bathrooms in Unit-7: 2
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 3
Bedrooms in Unit-5: 3
Bedrooms in Unit-6: 3
Bedrooms in Unit-7: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Total Bathrooms in Unit-5: 2
Total Bathrooms in Unit-6: 2
Total Bathrooms in Unit-7: 2
Calculated Total Monthly Association Fees: 0
LotSizeRange: SqFt20000toAcres1
Annual Tax Amount: 38934
Source Listing Status: Active
County: Multnomah
Cap Rate: 7.16
Directions: SE Foster Rd to SE 72nd Ave to SE Henderson St
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: R336464
Zoning: RM1
Source System Name: C2C
Annual Tax Amount: 38934
Source Listing Status: Active
County: Multnomah
Cap Rate: 7.16
Directions: SE Foster Rd to SE 72nd Ave to SE Henderson St
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: R336464
Zoning: RM1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $663,840 | $17,726 |
| 2021 | $unknown + $unknown $644,510 | $17,425 |
| 2020 | $unknown + $unknown $625,740 | $15,985 |
| 2019 | $unknown + $unknown $607,520 | $15,398 |
| 2018 | $unknown + $unknown $589,830 | $14,945 |
| 2017 | $unknown + $unknown $572,660 | $14,324 |
| 2016 | $unknown + $unknown $555,990 | $13,108 |
| 2015 | $unknown + $unknown $539,800 | $12,764 |
| 2014 | $unknown + $unknown $524,080 | $12,572 |
| 2013 | $unknown + $unknown $508,820 | $10,085 |
| 2012 | $unknown + $unknown $494,000 | $7,881 |
| 2011 | $unknown + $unknown $490,710 | $8,782 |
| 2010 | $unknown + $unknown $476,420 | $10,377 |
| 2009 | $unknown + $unknown $462,550 | $10,105 |
| 2008 | $unknown + $unknown $449,080 | $9,536 |
| 2007 | $unknown + $unknown $436,000 | $9,507 |
Listed 2024-08-08
$3,000,000
RMLS
Listing removed 2024-05-20
$3,000,000
RMLS
Listing removed 2024-03-28
$3,000,000
RMLS
Listed 2024-01-30
$3,000,000
RMLS
Listing removed 2024-01-29
$3,000,000
RMLS
Listing removed 2024-01-25
$3,000,000
RMLS
Price Changed 2024-01-20
$3,000,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Listed 2023-11-02
$3,000,000
RMLS
Listing removed 2023-02-02
$2,750,000
RMLS
Price Changed 2022-09-10
$2,750,000
RMLS
Price Changed 2022-09-09
$0
RMLS
Listed 2022-09-01
$2,750,000
RMLS
Listing removed 2010-04-28
$117,000
RMLS
Listing removed 2005-10-13
$1,158,600
RMLS
Listed 2005-05-06
$1,158,600
RMLS
Sold 1999-06-15
$118,000
Public Record
Listed 1998-07-01
$117,000
RMLS
Sold 1994-10-18
$35,150
Public Record
$3,000,000
RMLS
Listing removed 2024-05-20
$3,000,000
RMLS
Listing removed 2024-03-28
$3,000,000
RMLS
Listed 2024-01-30
$3,000,000
RMLS
Listing removed 2024-01-29
$3,000,000
RMLS
Listing removed 2024-01-25
$3,000,000
RMLS
Price Changed 2024-01-20
$3,000,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Listed 2023-11-02
$3,000,000
RMLS
Listing removed 2023-02-02
$2,750,000
RMLS
Price Changed 2022-09-10
$2,750,000
RMLS
Price Changed 2022-09-09
$0
RMLS
Listed 2022-09-01
$2,750,000
RMLS
Listing removed 2010-04-28
$117,000
RMLS
Listing removed 2005-10-13
$1,158,600
RMLS
Listed 2005-05-06
$1,158,600
RMLS
Sold 1999-06-15
$118,000
Public Record
Listed 1998-07-01
$117,000
RMLS
Sold 1994-10-18
$35,150
Public Record
Net Operating Income: 214860
Operating Expense: 71940
Operating Expense: 71940
Year Built: 1949
Building Area Total: 12984
Building Exterior Type: Stucco, VinylSiding
Foundation Details: ConcretePerimeter
Property Age: 75
Roof: Composition
Levels or Stories: 2
Building Area Total: 12984
Building Exterior Type: Stucco, VinylSiding
Foundation Details: ConcretePerimeter
Property Age: 75
Roof: Composition
Levels or Stories: 2
Sewer: PublicSewer
Water Source: PublicWater
Water Source: PublicWater
Security Features: SecurityLights
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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.