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$745,000   Price Analysis
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7606 SE Flavel St
Portland, 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

Single level 6-plex in SE Portland

* Sale Pending *

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

Bedrooms: 6

Full Bathrooms: 6

Heating Features: Baseboard
Heating: Yes

Lot Size Acres: 0.45
Lot Size Square Feet: 19602

Parking Features: OffSite

Number of Units: 6
Unit Type: UnitTypeType1
Bedrooms in Unit-1: 1
Total Bathrooms in Unit-1: 1

LotSizeRange: SqFt15000to19999
Annual Tax Amount: 9293.350000000
Source Listing Status: Pending
County: Multnomah
Directions: 82nd to Flavel. West on Flavel to 76th. Property on the South side of Flavel
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: R145958
Zoning: R2
Source System Name: C2C

YearAssessments
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

Price Changed 2024-04-18
$745,000
RMLS
Price Changed 2024-04-18
$745,000
Willamette
Listed 2024-04-09
$795,000
RMLS
Listed 2024-04-05
$795,000
Willamette
Sold 2019-11-26
$535,971
Public Record
Sold 2017-05-10
$950,000
Public Record
Listing removed 2014-02-25
$350,000
RMLS
Price Changed 2014-01-22
$350,000
RMLS
Relisted 2013-12-18
$379,000
RMLS
Listing removed 2013-11-28
$379,000
RMLS
Relisted 2013-11-21
$379,000
RMLS
Listing removed 2013-10-18
$379,000
RMLS
Price Changed 2013-10-04
$379,000
RMLS
Listed 2013-08-22
$395,000
RMLS
Sold 2005-05-31
$311,000
RMLS
Listed 2005-01-10
$311,000
RMLS
Listing removed 2004-09-16
$699,950
RMLS
Listed 2004-06-18
$699,950
RMLS
Listing removed 2004-05-01
$739,950
RMLS
Listed 2003-10-14
$739,950
RMLS
Sold 1987-10-01
$126,000
Public Record

Year Built: 1950
Building Area Total: 3614
Building Exterior Type: VinylSiding
Property Age: 74
Roof: Shingle
Levels or Stories: 1

Sewer: PublicSewer
Water Source: PublicWater

Whitman Elementary School is a public elementary school located approximately 0.1 miles away.
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Lane Middle School is a public middle school located approximately 0.8 miles away.
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Cleveland High School is a public high school located approximately 3.3 miles away.
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Village Free School is a private elementary, middle and high school located approximately 1 miles away.
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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.