1024 SE 16TH AVE

Portland, OR 97214
Square Ft.
6,312
$1,500,000
OPEN Wednesday July 23rd from 4-6pm and Sunday July 27th from 1-3pm. You will be able to see all 6 units at the open houses. These will be the only two open houses! Owner financing with 25% down and 5.95% interest. Contact listing agent for terms. Phenomenal restoredRead MoreRead Less
Listing courtesy of MORE Realty.
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
6,312
Lot Size
0.16 Acres
Year Built
1906
MLS Number
133530707
30 Days Snapshot Of 97214
$722k
0%
(avg) sold price
31
+14%
homes sold
26
-44%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Features: Level, Size Acres: 0.16, Size Range: SqFt7000to9999, Size Square Feet: 6,969, Size: 7,000 to 9,999 SqFt
Property Access
Road Surface Type: Paved
Basement
Basement: StorageSpace, Unfinished
Building
Building Area Total: 6312, Built in 1906, Storage: Basement, IndividualStorageUnits, Stories: 4, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
Community
Community Features: Commons, Laundry
Expenses
Operating Expense Scheduled: 35986, Operating Expense: $35,444
Exterior Features
Exterior Description: Aluminum
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: ForcedAir
Income
CAP Rate: 5.56, Gross Income: $118,820, Gross Rent Multiplier: 12.62, Gross Scheduled Income: $123,660, Net Operating Income: $83,376, Net Scheduled Income: 95374
Miscellaneous
Investor Information: MaintenanceRecordsAvailable, ProfitLossStatement, RentRecords, TaxReturnsAvailable
Energy Saving
Energy Efficiency Features: DoublePaneWindows
Parking
Features: OnStreet
Property
Number Of Units Total: 6, Property Condition: Restored, Zoning: R5
Roof
Roof: Shingle
Security Features
Features: Entry, FireEscape
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $10,104, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,700, Area: 1104, Features: Dishwasher, Fireplace, Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $1,800, Area: 732, Features: Dishwasher, HardwoodFloors, Microwave, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $1,910, Area: 762, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Four
Actual Rent: $1,550, Area: 663, Features: Dishwasher, HardwoodFloors, Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Five
Actual Rent: $1,325, Area: 400, Features: Deck, HardwoodFloors, Refrigerator, Storage, Units Total: 1, 1 total bathroom
Unit Six
Actual Rent: $1,325, Area: 434, Features: AirConditioning, Range, Refrigerator, Storage, Units Total: 1, 1 total bathroom
Utilities
Fuel Description: Electricity, Gas, Hot Water Description: Gas, Water Source: PublicWater
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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.