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705 SE 27TH AVE

Portland, OR 97214
Square Ft.
3,184
Pending
Multifamily
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$969,000
Incredible Investment or Owner-Occupant Opportunity in Prime SE Portland Location! Nestled on an oversized lot in the heart of the sought-after Buckman neighborhood, this well-maintained 4-plex sits ideally between Belmont and the vibrant Restaurant Row. All four units are thoughtfully laid out with 2 bedrooms, 1 bathroom, private outdoor space,… Read MoreRead Less
Listing courtesy of Keller Williams Realty Portland Premiere.
Listing Snapshot
Days Online
12
Last Updated
Square Ft.
3,184
Lot Size
0.18 Acres
Year Built
1968
MLS Number
186252147
30 Days Snapshot Of 97214
$735k
+13%
(avg) sold price
16
-23%
homes sold
19
-54%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 3184, Built in 1968, Storage: Deck, IndividualStorageUnits, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Community
Community Features: Commons, Laundry
Cooling
Cooling: None
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense: $39,942
Exterior Features
Exterior Description: ShakeSiding, T111Siding
Heating
Heating: Baseboard
Income
CAP Rate: 4.37, Gross Income: $82,320, Gross Rent Multiplier: 11.77, Net Operating Income: $42,378
Lot
Features: OnBusline, Trees, Size Acres: 0.18, Size Range: SqFt7000to9999, Size Square Feet: 7,840, Size: 7,000 to 9,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, ProfitLossStatement
Parking
Features: Assigned
Property
Number Of Units Total: 4, Property Condition: Existing, Zoning: R5
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $9,605, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,775, Area: 796, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,675, Area: 796, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,775, Area: 796, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Four
Actual Rent: $1,775, Area: 796, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Electricity, 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.
Sunnyside Environmental School 503-916-6226 Public KG-8
Franklin High School 503-916-5140 Public 9-12
Sunnyside Environmental School 503-916-6226 Public KG-8
Sunnyside Environmental School 503-916-6226 Public KG-8
Sunnyside Environmental School 503-916-6226 Public KG-8
Franklin High School 503-916-5140 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.