$745,000 Price Analysis 7606 SE Flavel StPortland, OR 97206 6 bed 6 bath 3,614 SqFt ($206/SqFt) 0.45 acre lot. Built 1950 Listed 2024-04-09, Taxes $9,092 | Ⓧ USDA Ineligible due to location near Portland |
Sitting on a large 0.74 acre lot. All units are 1-bedroom / 1-bath and have been recently remodeled. Contemporary flooring, cabinets, counters, paint and gutters. Average rents at $1, 082 with highest achieved at $1, 206. Washer/Dryer Hookups in each unit. Newly landscaped with large off-street gravel parking lot.
Located East of Flavel Park and Whitman Elementary. The owners have decided to offer the asset at a value that reflects its current use, without factoring in the added premium for its considerable future development potential. When compared to the average price per square foot of similar land sales in the area, it appears the subject property's land is likely worth more than the existing 6-plex.
Presented by Eric Swanson* at
SMI REAL ESTATE.
Property MLS #24071939 from RMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $unknown $340,500 | $9,092 |
2021 | $unknown + $unknown $330,590 | $8,938 |
2020 | $unknown + $unknown $320,970 | $8,199 |
2019 | $unknown + $unknown $311,630 | $7,898 |
2018 | $unknown + $unknown $302,560 | $7,666 |
2017 | $unknown + $unknown $293,750 | $7,347 |
2016 | $unknown + $unknown $285,200 | $6,724 |
2015 | $unknown + $unknown $276,900 | $6,547 |
2014 | $unknown + $unknown $268,840 | $6,449 |
2013 | $unknown + $unknown $261,010 | $6,299 |
2012 | $unknown + $unknown $253,410 | $5,698 |
2011 | $unknown + $unknown $246,030 | $5,483 |
2010 | $unknown + $unknown $238,870 | $5,202 |
2009 | $unknown + $unknown $231,920 | $5,066 |
2008 | $unknown + $unknown $225,170 | $4,781 |
2007 | $unknown + $unknown $218,620 | $4,767 |
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.