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2475 NW RALEIGH ST

Portland, OR 97210
Active
Multifamily
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$1,295,000
Exceptional location! Walkability 10/10. Very low utility costs. Charming, single-level building. Each unit has a great layoutand a home-like feeling. Wood floors throughout. Excellent tenants in place. Easy to rent. Low turnover rate. Wallace Park isacross the street. Walk to restaurants, coffee, shops, grocery stores, schools and hospital. Unfinished basement… Read MoreRead Less
Listing courtesy of Windermere Realty Trust.
Listing Snapshot
Days Online
5
Last Updated
Lot Size
0.11 Acres
Year Built
1941
MLS Number
185985486
30 Days Snapshot Of 97210
$879k
-6%
(avg) sold price
12
-29%
homes sold
108
+35%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: FullBasement, Unfinished
Building
Built in 1941, Storage: Basement, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2
Cooling
Cooling: WindowUnit
Expenses
Operating Expense Scheduled: 23000, Operating Expense: $23,000
Exterior Features
Exterior Description: Other
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: ForcedAir
Income
CAP Rate: 5.24, Gross Income: $90,900, Gross Rent Multiplier: 14.25, Gross Scheduled Income: $91,200, Net Operating Income: $67,900, Net Scheduled Income: 68200
Lot
Features: Level, OnBusline, Size Acres: 0.11, Size Range: SqFt3000to4999, Size Square Feet: 4,791, Size: 3,000 to 4,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner
Parking
Features: OnStreet
Property
Number Of Units Total: 6, Property Condition: Approximately, Zoning: R2
Roof
Roof: Composition
Security Features
Features: SecurityLights
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $10,254, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,290, Area: 509, Features: Range, Refrigerator, WindowCoverings, WoodFloors, Units Total: 5, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $1,125, Area: 400, Features: Range, Refrigerator, WindowCoverings, WoodFloors, Units Total: 1, 1 total bathroom
Utilities
Fuel Description: Gas, Hot Water Description: Electricity, Water Source: PublicWater
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Erika George and Kari McGee
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Schools In The Area

Check out nearby schools with ratings and contact info.
Chapman Elementary School 503-916-6295 Public KG-5
West Sylvan Middle School 503-916-5690 Public 6-8
Lincoln High School 503-916-5200 Public 9-12
Chapman Elementary School 503-916-6295 Public KG-5
Chapman Elementary School 503-916-6295 Public KG-5
West Sylvan Middle School 503-916-5690 Public 6-8
Lincoln High School 503-916-5200 Public 9-12

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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.