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$540,000   Price Analysis
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10618 SW 49th Ave
Portland, OR 97219
4 bed 2 bath 1,824 SqFt ($296/SqFt)
Built 1988
Listed 2023-08-14, Taxes $6,172
Ⓧ USDA Ineligible
due to location

near Portland

Now REDUCED PRICE.

Duplex opportunity in excellent condition. This is a side by side duplex, each unit features 2 bedrooms with dual closets, one bathroom, open living room/dining room and kitchn that leads to a sliding door with a paved, private patio. Brand n ew hardiplank siding, new windows and new exterior paint in March 2020.

Stellar occupancy: Both units have long term month-month tenants. Owner Occupied option allows a 90 day notice upon accepted offer of either unit. Close to parks, stores, schools, restaurants, PCC-Sylvania. Easy access to freeways and public transportation. Near to Markham Elementary, Capitol Hill Library and Holly Farm Park.


Presented by Ron Garcia, CRB at
The Group Real Estate Services.
Listing Agent Photo

Property MLS #23615103 from RMLS

Bedrooms: 4

Full Bathrooms: 2

Heating Features: Zoned
Heating: Yes
Water Heaters: Electricity

Basement Description: CrawlSpace

Water Body Name: not waterfront

Lot Description: Level

Road Surface Type: Paved

Parking Features: Assigned, Paved

Elementary School: Markham
High School: Ida B Wells
Middle School: Jackson

Markham Elementary School is a public elementary school located approximately 0.1 miles away.
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Jackson Middle School is a public middle school located approximately 0.6 miles away.
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Ida B. Wells-Barnett High School is a public high school located approximately 2.7 miles away.
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Islamic School Of Portland is a private elementary and middle school located approximately 0.3 miles away.
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Gross Income: 26676
Rent Includes: MaintenanceGrounds, TrashCollection, Water

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

LotSizeRange: SqFt5000to6999
Annual Tax Amount: 6309.5
Source Listing Status: Active
County: Multnomah
Cap Rate: 2.22
Directions: SW Capitol Hwy to SW Dickinson to SW 49th
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: CAPITOL HILL
Parcel Number: R186628
Subdivision: CAPITOL HILL
Zoning: R2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$231,390
$6,172
2021$unknown + $unknown
$224,660
$5,891
2020$unknown + $unknown
$218,120
$5,566
2019$unknown + $unknown
$211,770
$5,362
2018$unknown + $unknown
$205,610
$5,204
2017$unknown + $unknown
$199,630
$4,988
2016$unknown + $unknown
$193,820
$4,486
2015$unknown + $unknown
$188,180
$3,820
2014$unknown + $unknown
$182,700
$3,454
2013$unknown + $unknown
$177,380
$3,201
2012$unknown + $unknown
$172,220
$2,854
2011$unknown + $unknown
$167,210
$2,922
2010$unknown + $unknown
$162,340
$3,316
2009$unknown + $unknown
$157,620
$3,433
2008$unknown + $unknown
$153,030
$3,241
2007$unknown + $unknown
$148,580
$3,234

Price Changed 2024-03-08
$540,000
RMLS
Price Changed 2024-02-07
$560,000
RMLS
Price Changed 2024-01-25
$585,000
RMLS
Price Changed 2024-01-20
$595,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Price Changed 2023-10-13
$595,000
RMLS
Price Changed 2023-09-25
$649,500
RMLS
Price Changed 2023-08-31
$669,500
RMLS
Listed 2023-08-14
$699,500
RMLS
Sold 1987-12-01
$80,000
Public Record

Net Operating Income: 12010
Operating Expense: 14666

Year Built: 1988
Building Area Total: 1824
Building Exterior Type: CementSiding
Foundation Details: ConcretePerimeter
Property Age: 36
Property Condition: Existing
Roof: Composition
Levels or Stories: 1

Sewer: PublicSewer
Water Source: PublicWater
Click Thumbnail Images To View Full Size
house_viewliving_roomliving_roomkitchendining_room
kitchenliving_roomhouse_view

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.