$785,000 Price Analysis    ♡   Portland, OR 97236 8 bed 4 bath 2,832 SqFt ($277/SqFt) Built 1945 Listed 2023-04-13, Taxes $7,135 | Ⓧ USDA Ineligible due to price & location near Portland |
Great investment opportunity.
2 duplexes, side by side. Each unit is 2bd/1 ba. All kitchens and bathrooms have been recently remodeled. Additional updates include, new flooring, windows, paint, hot water heaters and electrical panels.
Owner has updated the decks and landscaping in the private and common areas. Large off-street parking for 8 vehicles. Close to transportation and plenty of amenities. One unit vacant, can tour vacant unit.
Presented by Heather Miller at
Keller Williams-PDX Central.
Property MLS #23338003 from RMLS
Bedrooms: 8
Full Bathrooms: 4
Heating Features: Baseboard
Heating: Yes
Water Heaters: Electricity
Heating: Yes
Water Heaters: Electricity
Lot Description: FlagLot, Level, Private
Parking Features: Open, Paved
Elementary School: Lincoln Park
High School: David Douglas
Middle School: Ron Russell
High School: David Douglas
Middle School: Ron Russell
Lincoln Park Elementary School is a public elementary school located approximately 0.4 miles away.
Map directions
Map directionsDavid Douglas High School is a public high school located approximately 0.9 miles away.
Map directions
Map directionsRon Russell Middle School is a public middle school located approximately 1.4 miles away.
Map directions
Map directionsFranciscan Montessori Earth School is a private elementary, middle and high school located approximately 0.6 miles away.
Map directions
Map directionsGross Income: 57753
Rent Includes: Sewer, TrashCollection, Water
Rent Includes: Sewer, TrashCollection, Water
Number of Units: 4
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
LotSizeRange: SqFt15000to19999
Annual Tax Amount: 7135.220000000
Source Listing Status: Active
County: Multnomah
Cap Rate: 4.83
Directions: 137th & Division
Tax Year: 2022
Source Property Type: MultiFamily
Parcel Number: R334243
Zoning: RM1
Source System Name: C2C
Annual Tax Amount: 7135.220000000
Source Listing Status: Active
County: Multnomah
Cap Rate: 4.83
Directions: 137th & Division
Tax Year: 2022
Source Property Type: MultiFamily
Parcel Number: R334243
Zoning: RM1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $310,940 | $7,135 |
| 2021 | $unknown + $unknown $301,890 | $7,017 |
| 2020 | $unknown + $unknown $293,100 | $6,357 |
| 2019 | $unknown + $unknown $284,570 | $6,155 |
| 2018 | $unknown + $unknown $276,290 | $5,966 |
| 2017 | $unknown + $unknown $268,250 | $5,594 |
| 2016 | $unknown + $unknown $260,440 | $4,983 |
| 2015 | $unknown + $unknown $252,860 | $4,667 |
| 2014 | $unknown + $unknown $245,500 | $4,540 |
| 2013 | $unknown + $unknown $238,350 | $4,158 |
| 2012 | $unknown + $unknown $211,680 | $3,633 |
| 2011 | $unknown + $unknown $231,410 | $3,977 |
| 2010 | $unknown + $unknown $230,110 | $4,443 |
| 2009 | $unknown + $unknown $223,410 | $4,493 |
| 2008 | $unknown + $unknown $216,910 | $4,678 |
| 2007 | $unknown + $unknown $210,600 | $4,659 |
Price Changed 2024-04-02
$785,000
RMLS
Price Changed 2024-01-20
$799,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Price Changed 2023-04-25
$799,000
RMLS
Listed 2023-04-13
$839,900
RMLS
Listing removed 2021-02-02
$0
Avail
Price Changed for rent 2021-01-21
$1,215
Avail
Price Changed for rent 2021-01-13
$1,255
Avail
Listed for rent 2021-01-11
$1,265
Avail
Listing removed 2021-01-10
$0
Avail
Listed for rent 2020-12-20
$1,265
Avail
Listing removed 2020-12-10
$0
Avail
Listed for rent 2020-12-04
$1,265
Avail
Sold 2019-11-07
$595,000
RMLS
Sold 2003-06-20
$233,000
Public Record
Sold 1997-07-23
$190,000
Public Record
Sold 1994-02-01
$136,000
Public Record
$785,000
RMLS
Price Changed 2024-01-20
$799,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Price Changed 2023-04-25
$799,000
RMLS
Listed 2023-04-13
$839,900
RMLS
Listing removed 2021-02-02
$0
Avail
Price Changed for rent 2021-01-21
$1,215
Avail
Price Changed for rent 2021-01-13
$1,255
Avail
Listed for rent 2021-01-11
$1,265
Avail
Listing removed 2021-01-10
$0
Avail
Listed for rent 2020-12-20
$1,265
Avail
Listing removed 2020-12-10
$0
Avail
Listed for rent 2020-12-04
$1,265
Avail
Sold 2019-11-07
$595,000
RMLS
Sold 2003-06-20
$233,000
Public Record
Sold 1997-07-23
$190,000
Public Record
Sold 1994-02-01
$136,000
Public Record
Net Operating Income: 37938
Operating Expense: 19815
Operating Expense: 19815
Year Built: 1945
Building Area Total: 2832
Building Exterior Type: WoodSiding
Foundation Details: ConcretePerimeter
Property Age: 79
Property Condition: UpdatedRemodeled
Roof: Composition
Levels or Stories: 1
Building Area Total: 2832
Building Exterior Type: WoodSiding
Foundation Details: ConcretePerimeter
Property Age: 79
Property Condition: UpdatedRemodeled
Roof: Composition
Levels or Stories: 1
Sewer: PublicSewer
Water Source: PublicWater
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.