2115 NE 48TH AVE

Portland, OR 97213
Square Ft.
2,634
$660,000
Income property located near the heart of Hollywood. This duplex has many upgrades, including blown-in insulation, updated panels, heat pumps, triple-pane windows for most of the property, fresh paint upstairs, new range and fridge upper unit. Laundry room in basement has washer/dryer, w/d hook-up in upper-unit bathroom. Appliances are included.Read MoreRead Less
Listing courtesy of Lancefield Realty.
Listing Snapshot
Days Online
30
Last Updated
Square Ft.
2,634
Lot Size
0.12 Acres
Year Built
1922
MLS Number
207761157
30 Days Snapshot Of 97213
$589k
+13%
(avg) sold price
21
+23%
homes sold
24
-58%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: ExteriorEntry, PartialBasement, PartiallyFinished
Building
Building Area Total: 2634, Built in 1922, Storage: Basement, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2
Cooling
Cooling: HeatPump
Expenses
Operating Expense: $3,653
Exterior Features
Exterior Description: WoodSiding
Foundation
Foundation Details: Other
Heating
Heating: HeatPump
Income
CAP Rate: 2.81, Gross Income: $22,200, Gross Rent Multiplier: 29.73, Gross Scheduled Income: $47,520, Net Operating Income: $18,547
Lot
Features: Level, Size Acres: 0.12, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: Leases
Parking
Features: OffStreet, 2 total parking spots
Property
Number Of Units Total: 2, Property Condition: UpdatedRemodeled, Zoning: R2.5
Roof
Roof: Composition
Security Features
Features: SecurityGate
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $3,652, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,850, Area: 984, Features: AirConditioning, HardwoodFloors, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Area: 850, Features: AirConditioning, HardwoodFloors, Range, WasherDryerHookup, 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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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.