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$1,049,900   Price Analysis
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3316 SE 23rd Ave
Portland, OR 97202
7 bed 3 bath 4,094 SqFt ($256/SqFt)
4,791SqFt lot. Built 1923
Listed 2024-05-30, Taxes $6,720
Ⓧ USDA Ineligible
due to price & location

near Portland

Big old classic craftsman home with separate living quarters use d as successful rental.

Upper main portion of the home is vast with the large covered porch, living room, dining room and kitchen. Total of 5 bedrooms! Basement was converted to a 2 bedroom unit with full kitchen and separate entrance.

Both portions of the home have excellent rental history. Zoned for CM2 this home is perfect space for a businss while continuing to generate income from the rental space. High walk and bike score. Potential for development into other retail or mixed use. Buyer to verify zoning.


Presented by Stephen FitzMaurice at
eXp Realty, Inc. Oregon.
Listing Agent Photo

Property MLS #24141501 from RMLS

Bedrooms: 7

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

Full Bathrooms: 3

Basement Description: SeparateLivingQuartersApartmentAuxLivingUnit

Lot Description: Trees
Lot Size Acres: 0.1099862
Lot Size Square Feet: 4791

Parking Total: 2

View: TreesWoods

Elementary School: Abernethy
High School: Cleveland
Middle School: Hosford

Cleveland High School is a public high school located approximately 0.2 miles away.
directions icon Map directions

Hosford Middle School is a public middle school located approximately 0.6 miles away.
directions icon Map directions

Abernethy Elementary School is a public elementary school located approximately 0.7 miles away.
directions icon Map directions

Yourth Progress Learning Center is a private middle and high school located approximately 0.2 miles away.
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Gross Income: 64680
Gross Scheduled Income: 64680
Rent Includes: TrashCollection

Number of Units: 2
Unit Type: UnitTypeType1, UnitTypeType2
Bedrooms in Unit-1: 5
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1

LotSizeRange: SqFt3000to4999
Annual Tax Amount: 6869.520000000
Source Listing Status: Active
County: Multnomah
Cap Rate: 5.01
Directions: SE Powell Blvd to SE 23rd Ave
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: AMSTERDAM
Parcel Number: R105857
Subdivision: AMSTERDAM
Zoning: CG
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$251,690
$6,720
2021$unknown + $unknown
$244,360
$6,606
2020$unknown + $unknown
$237,250
$6,061
2019$unknown + $unknown
$230,340
$5,838
2018$unknown + $unknown
$223,630
$5,666
2017$unknown + $unknown
$204,050
$5,103
2016$unknown + $unknown
$198,110
$4,670
2015$unknown + $unknown
$192,340
$4,548
2014$unknown + $unknown
$186,740
$4,479
2013$unknown + $unknown
$181,310
$4,375
2012$unknown + $unknown
$176,030
$3,958
2011$unknown + $unknown
$144,080
$3,211
2010$unknown + $unknown
$139,890
$3,047
2009$unknown + $unknown
$135,820
$2,967
2008$unknown + $unknown
$131,870
$2,800
2007$unknown + $unknown
$128,030
$2,791

Price Changed 2024-06-11
$1,049,900
RMLS
Price Changed 2024-06-11
$1,049,900
RMLS
Listed 2024-05-30
$1,100,000
RMLS
Listed 2024-05-28
$1,100,000
RMLS
Listing removed 2020-09-03
$950,000
RMLS
Sold 2017-11-02
$899,900
Public Record
Sold 1998-12-16
$150,000
Public Record

Net Operating Income: 52636
Operating Expense: 12044

Year Built: 1923
Building Area Total: 4094
Building Exterior Type: Stucco
Property Age: 101
Property Condition: UpdatedRemodeled
Roof: Composition
Levels or Stories: 2

Sewer: PublicSewer
Water Source: PublicWater
Click Thumbnail Images To View Full Size
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kitchenbedroomunknownunknownbedroom
bathroomunknownbathroomunknownliving_room
living_roomkitchenkitchenbedroombathroom
yardhouse_viewunknownporchporch
unknownfarm_land

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.