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11018 E BURNSIDE ST

Portland, OR 97216
Active
Multifamily
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$995,000
DND Tenants or walk the property without listing agent. Listing agent part owner. Strong rental history and excellent owner occupied opportunity. Well maintained multifamily 4-plex. Large 2 bed 1 bath, single level units. Two buildings. Potential for additional units on large lot. 8-10 parking spaces… Read MoreRead Less
Listing courtesy of J Residential Properties.
Listing Snapshot
Days Online
311
Last Updated
Lot Size
0.33 Acres
Year Built
1964
MLS Number
24518506
30 Days Snapshot Of 97216
$395k
-6%
(avg) sold price
9
-43%
homes sold
30
-48%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Storage: None, Stories: 1, Built in 1964, Unit Type Type: UnitTypeType1
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Expenses
Operating Expense Scheduled: 22000, Operating Expense: $21,901
Exterior Features
Exterior Description: LapSiding, T111Siding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: Baseboard, WallHeater
Income
CAP Rate: 4.88, Gross Income: $70,500, Gross Rent Multiplier: 14.11, Gross Scheduled Income: $87,024, Net Operating Income: $48,599, Net Scheduled Income: 70024
Lot
Features: Level, LightRail, Size Acres: 0.33, Size Range: SqFt10000to14999, Size Square Feet: 14,374, Size: 10,000 to 14,999 SqFt
Miscellaneous
Investor Information: Leases, ProfitLossStatement, RentRecords
Parking
Features: Assigned, 8 total parking spots
Property
Number Of Units Total: 4, Property Condition: Approximately, Zoning: R2
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $8,614, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,600, Area: 822, Features: Dishwasher, Disposal, HardwoodFloors, Range, Units Total: 4, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Internet Service Type: Cable, Satellite, 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.
Ventura Park Elementary School 503-256-6508 Public PK-5
Floyd Light Middle School 503-256-6511 Public 6-8
David Douglas High School 503-261-8300 Public 9-12
Ventura Park Elementary School 503-256-6508 Public PK-5
Ventura Park Elementary School 503-256-6508 Public PK-5
Floyd Light Middle School 503-256-6511 Public 6-8
David Douglas High School 503-261-8300 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.