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$689,000   Price Analysis
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4408 NE 52nd Ave
Portland, OR 97218
6 bed 6 bath 3,448 SqFt ($199/SqFt)
0.29 acre lot. Built 2006
Listed 2024-03-19, Taxes $7,592
Ⓧ USDA Ineligible
due to location

near Portland

Amazing opportunity to own a duplex in Cully!

Each unit boasts 3 bedrooms and 2.1 bathrooms including a roomy primary suite and an attached garage. Situated perfectly on a larg lot, each unit has their own private covered patio and yard.

.29 acre lot has potential for extra units. [Home Energy Score = 9. HES Report at


Presented by Matt Mahaffy at
Windermere Realty Trust.
Listing Agent Photo

Property MLS #24417948 from RMLS

Bedrooms: 6

Full Bathrooms: 6

Storage: Garage

Heating Features: ForcedAir
Heating: Yes
Water Heaters: Gas

Basement Description: CrawlSpace

Lot Description: Level, Private, Trees
Lot Size Acres: 0.29
Lot Size Square Feet: 12632

Garage Spaces: 2
Parking Features: Garage, Paved

Road Surface Type: Paved

Elementary School: Rigler
High School: Leodis McDaniel
Middle School: Beaumont

Rigler Elementary School is a public elementary school located approximately 0.1 miles away.
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Beaumont Middle School is a public middle school located approximately 0.7 miles away.
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Madison High School is a public high school located approximately 1.6 miles away.
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Trinity Lutheran Christian School is a private elementary and middle school located approximately 0.5 miles away.
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Gross Income: 47880
Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Number of Units: 2
Unit Type: UnitTypeType1, UnitTypeType2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 3
Total Bathrooms in Unit-2: 3

LotSizeRange: SqFt10000to14999
Annual Tax Amount: 7760.689999999
Source Listing Status: Active
County: Multnomah
Cap Rate: 4.49
Directions: NE Fremont to NE 47th Ave to NE Campaign St. Left onto 52nd
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: CULLY
Parcel Number: R318095
Subdivision: CULLY
Zoning: R7
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$284,340
$7,592
2021$unknown + $unknown
$276,060
$7,463
2020$unknown + $unknown
$268,020
$6,847
2019$unknown + $unknown
$260,220
$6,595
2018$unknown + $unknown
$252,650
$6,401
2017$unknown + $unknown
$245,300
$6,135
2016$unknown + $unknown
$238,160
$5,615
2015$unknown + $unknown
$231,230
$5,467
2014$unknown + $unknown
$224,500
$5,385
2013$unknown + $unknown
$217,970
$5,260
2012$unknown + $unknown
$211,630
$4,758
2011$unknown + $unknown
$205,470
$4,579
2010$unknown + $unknown
$199,490
$4,345
2009$unknown + $unknown
$193,680
$4,231
2008$unknown + $unknown
$188,040
$3,992
2007$unknown + $unknown
$218,430
$4,763

Listed 2024-03-19
$689,000
RMLS
Sold 2019-09-26
$507,500
RMLS
Sold 1992-03-20
$56,500
Public Record

Net Operating Income: 30924
Operating Expense: 16956

Year Built: 2006
Building Area Total: 3448
Building Exterior Type: T111Siding
Foundation Details: ConcretePerimeter
Property Age: 18
Roof: Composition

Sewer: PublicSewer
Water Source: PublicWater
Click Thumbnail Images To View Full Size
garageyardhouse_viewyardunknown
kitchenunknownliving_roomunknownunknown
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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.