$588,000 Price Analysis    ♡   Portland, OR 97206 3 bed 2 bath 1,438 SqFt ($408/SqFt) Built 1908 Listed 2024-05-07, Taxes $2,915 | Ⓧ USDA Ineligible due to location near Portland |
Supreme location and highly desired zoning.
Live/work opportunity with solid tenant in place. Upstairs unit brings additional income or owner occupy for additional financing options. Other revenue streams include billboard and possible food cart space.Full use basement currently includes storage and laundry but has egress and potential for additional income.
The mix of commercial uses, includes multifamily, single-family, auto-accommodating, drive-through facilities, light manufacturng and distribution. This zone is for commercial, employment, but residential uses are also allowed. The possibilities are endless. Buyer to complete due diligence with the city for the desired use/development.
Presented by Brenda Brunner at
Real Broker, LLC.
Property MLS #24581693 from RMLS
Heating: Yes
Water Heaters: Tank
High School: Franklin
Middle School: Kellogg
Map directions Map directions Map directionsRent Includes: MaintenanceGrounds
Unit Type: UnitTypeType1, UnitTypeType2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Annual Tax Amount: 2980.329999999
Source Listing Status: Active
County: Multnomah
Cap Rate: 4.93
Directions: Foster to 5717
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: FOSTER - POWELL
Parcel Number: R298609
Subdivision: FOSTER - POWELL
Zoning: CE
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $109,200 | $2,915 |
| 2021 | $unknown + $unknown $106,020 | $2,866 |
| 2020 | $unknown + $unknown $102,940 | $2,629 |
| 2019 | $unknown + $unknown $99,950 | $2,533 |
| 2018 | $unknown + $unknown $97,040 | $2,458 |
| 2017 | $unknown + $unknown $94,220 | $2,356 |
| 2016 | $unknown + $unknown $91,480 | $2,156 |
| 2015 | $unknown + $unknown $88,820 | $2,100 |
| 2014 | $unknown + $unknown $86,240 | $2,068 |
| 2013 | $unknown + $unknown $83,730 | $2,020 |
| 2012 | $unknown + $unknown $81,300 | $1,828 |
| 2011 | $unknown + $unknown $78,940 | $1,759 |
| 2010 | $unknown + $unknown $76,650 | $1,669 |
| 2009 | $unknown + $unknown $74,420 | $1,625 |
| 2008 | $unknown + $unknown $72,260 | $1,534 |
| 2007 | $unknown + $unknown $70,160 | $1,529 |
$599,000
RMLS
Listed 2024-05-07
$588,000
RMLS
Price Changed 2024-02-02
$599,000
RMLS
Price Changed 2024-01-20
$650,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Listed 2023-11-08
$650,000
RMLS
Sold 2023-03-06
$495,000
RMLS
Listing removed 2022-12-14
$495,000
RMLS
Listed 2022-09-21
$495,000
RMLS
Sold 2010-07-30
$220,000
Public Record
Listing removed 2010-04-02
$199,000
RMLS
Listed 2010-02-23
$199,000
RMLS
Listing removed 2004-01-01
$149,900
RMLS
Listed 2003-09-08
$149,900
RMLS
Operating Expense: 8028
Building Area Total: 1438
Building Exterior Type: CementSiding
Foundation Details: ConcretePerimeter
Property Age: 116
Property Condition: UpdatedRemodeled
Levels or Stories: 2
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.