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$1100000   Price Analysis
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7710 SE Mitchell St
Portland, OR 97206
8 bed 4 bath 2835 SqFt ($388/SqFt)
0.23 acre lot. Built 1965
Listed 2024-05-22, Taxes $8226
Ⓧ USDA Ineligible
due to price & location

near Woodstock

Welcome to this stunning newly remodeled 4-plex located in the vibrant Foster-Powell neighborhood of Portland.

Meticulously renovated with modern upgrades and stylish finishes, this property offers a rare opportunity for investors seeking a turnkey investment in one of Portland's most desirable areas.Each unit has been thoughtfully redesigned with contemporary aesthetics and premium finishes, creating a cohesive blend of style and functionality.

From chic flooring to sleek fixtures, no detail has been overlooked in these modern livi ng spaces. This property has long-term tenants, market rents and the coveted convenience of onsite parking, this property stands as a testament to the enduring appeal of Portland's historic neighbrhoods.


Presented by Amanda Rose at
RE MAX Advantage Group.


Property MLS #24412812 from RMLS

Bedrooms: 8

Cooling Features: MiniSplit
Heating Features: MiniSplit, WallHeater
Heating Fuel: Electricity
Heating: Yes
Water Heaters: Electricity

Full Bathrooms: 4

Basement Description: CrawlSpace

Lot Description: Level
Lot Size Acres: 0.23
Lot Size Square Feet: 10018

Road Surface Type: Paved

Parking Features: OffStreet, Paved
Parking Total: 8

View: City
Green Energy Efficient: DoublePaneWindows, InsulationandCeilingInsulation, MiniSplit
Security Features: SecurityLights

Elementary School: Marysville
High School: Franklin
Middle School: Kellogg

Marysville Elementary School is a public elementary and middle school located approximately 0.1 miles away.
directions icon Map directions

Franklin High School is a public high school located approximately 1.6 miles away.
directions icon Map directions

Village Free School is a private elementary, middle and high school located approximately 0.6 miles away.
directions icon Map directions

Gross Income: 88794

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

Calculated Total Monthly Association Fees: 0

Community Features: Laundry

LotSizeRange: SqFt10000to14999
Annual Tax Amount: 8409.100000000
Source Listing Status: Active
County: Multnomah
Cap Rate: 6.72
Directions: W on Foster Road, R on 77th Ave, L on Mitchell Street
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: FOSTER-POWELL NEIGHBORHOOD
Parcel Number: R133305
Subdivision: FOSTER-POWELL NEIGHBORHOOD
Zoning: CE
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$308100
$8226
2021$unknown + $unknown
$299130
$8087
2020$unknown + $unknown
$290420
$7419
2019$unknown + $unknown
$281970
$7146
2018$unknown + $unknown
$273760
$6936
2017$unknown + $unknown
$265790
$6648
2016$unknown + $unknown
$258050
$6084
2015$unknown + $unknown
$250540
$5924
2014$unknown + $unknown
$243250
$5777
2013$unknown + $unknown
$236170
$4836
2012$unknown + $unknown
$229300
$4176
2011$unknown + $unknown
$222630
$4375
2010$unknown + $unknown
$216150
$4487
2009$unknown + $unknown
$209860
$4584
2008$unknown + $unknown
$203750
$4326
2007$unknown + $unknown
$197820
$4313

Listed 2024-05-22
$1100000
RMLS
Listing removed 2023-04-26
$550000
RMLS
Listing removed 2022-09-04
$950000
RMLS
Sold 2021-01-19
$610000
Public Record
Sold 2021-01-06
$500000
Public Record
Listing removed 2016-05-27
$550000
RMLS
Price Changed 2016-05-25
$550000
RMLS
Listed 2016-05-16
$650000
RMLS
Sold 1991-06-01
$112000
Public Record
Sold 1987-09-01
$37500
Public Record

Net Operating Income: 73974
Operating Expense: 14820

Year Built: 1965
Building Area Total: 2835
Building Exterior Type: LapSiding
Foundation Details: ConcretePerimeter
Property Age: 59
Property Condition: UpdatedRemodeled
Roof: Shingle
Levels or Stories: 1

Sewer: PublicSewer
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.