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6626 NE Sandy BLVD

Portland, OR 97213
Square Ft.
4,058
Active
Multifamily
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$1,270,000
2 commercial and 5 residential units. Cap rate 6.0%. Fully-occupied investment property offering strong cash flow with clear upside potential. Flexible tenant mix — property supports both residential and commercial uses, maximizing leasing opportunities and long-term income. Prime CM2 zoning with 45-foot height limit and up to 4:1 FAR allows… Read MoreRead Less
Listing courtesy of NextHome Realty Connection.
Listing Snapshot
Days Online
12
Last Updated
Square Ft.
4,058
Lot Size
0.24 Acres
Year Built
1925
MLS Number
236588763
30 Days Snapshot Of 97213
$685k
+8%
(avg) sold price
33
+43%
homes sold
18
-48%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: Daylight
Building
Building Area Total: 4058, Built in 1925, Storage: Basement, Stories: 3, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Expenses
Operating Expense: $58,168
Exterior Features
Exterior Description: LapSiding
Heating
Heating: ForcedAir
Income
CAP Rate: 6, Gross Income: $134,207, Gross Rent Multiplier: 9.46, Net Operating Income: $76,140
Lot
Size Acres: 0.24, Size Range: SqFt10000to14999, Size Square Feet: 10,454, Size: 10,000 to 14,999 SqFt
Miscellaneous
Investor Information: AnnualPropertyOperationData
Property
Number Of Units Total: 7, Property Condition: Approximately, Zoning: CM2
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $12,994, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,405, Area: 850, Units Total: 4, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $1,391, Area: 1500, Units Total: 2, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $2,995, Area: 2014, Units Total: 1, 2 total bathrooms, 4 total bedroom
Utilities
Fuel Description: Gas, 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.
Rose City Park Elementary School 503-916-2000 Public KG-5
Roseway Heights School 503-916-5600 Public 6-8
Leodis V. McDaniel High School 503-916-5220 Public 9-12
Rose City Park Elementary School 503-916-2000 Public KG-5
Rose City Park Elementary School 503-916-2000 Public KG-5
Roseway Heights School 503-916-5600 Public 6-8
Leodis V. McDaniel High School 503-916-5220 Public 9-12

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Living Room Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © RMLS, Portland, Oregon.

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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.