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3618 N ALBINA AVE

Portland, OR 97227
Square Ft.
2,175
Active
Multifamily
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$949,900
2 UNITS! Major income producing properties. Airbnb & VRBO ready. A gorgeous Victorian main residence PLUS newly constructed detached loft just one block from the popular Mississippi Ave. Perfectly located one block from shops, bars, coffee and top rated restaurants, this property is a must see. The main residence offers… Read MoreRead Less
Listing courtesy of Premiere Property Group, LLC.
Listing Snapshot
Days Online
169
Last Updated
Square Ft.
2,175
Lot Size
0.1 Acres
Year Built
1907
MLS Number
24545466
30 Days Snapshot Of 97227
$
+3%
(avg) sold price
5
0%
homes sold
33
-5%
(avg) days on market
Snapshot
Area Map
Additional Details
Sewer
Sewer: PublicSewer
Property Access
Road Surface Type: Paved
Basement
Basement: PartiallyFinished
Building
Building Area Total: 2175, Built in 1907, Storage: Basement, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2
Cooling
Cooling Equipped, Cooling: CentralAir, MiniSplit
Expenses
Operating Expense Scheduled: 18000, Operating Expense: $15,000
Exterior Features
Exterior Description: CementSiding, WoodSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating Available, Heating: ForcedAir95Plus, MiniSplit
Income
CAP Rate: 8.21, Gross Income: $93,033, Gross Rent Multiplier: 10.21, Gross Scheduled Income: $108,000, Net Operating Income: $78,033, Net Scheduled Income: 90000
Lot
Size Acres: 0.1, Size Range: SqFt3000to4999, Size Square Feet: 4,356, Size: 3,000 to 4,999 SqFt
Miscellaneous
Investor Information: RentRecords
Parking
Features: OffStreet, Paved, 2 total parking spots
Property
Number Of Units Total: 2, Property Condition: UpdatedRemodeled, Zoning: RM1
Roof
Roof: Composition
Taxes
Annual Amount: $5,810, Legal Description, Tax Year: 2023
Unit One
Actual Rent: $4,300, Area: 1555, Features: AirConditioning, Furnished, HardwoodFloors, WasherDryer, Units Total: 1, 1 total bathroom, 3 total bedroom
Unit Two
Actual Rent: $3,450, Area: 620, Features: AirConditioning, Furnished, Range, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Gas, Hot Water Description: Gas, Tankless, 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.
Boise-Eliot / Humboldt Elementary School 503-916-6171 Public PK-5
Harriet Tubman Middle School 503-916-5630 Public 6-8
Jefferson High School 503-916-5180 Public 9-12
Boise-Eliot / Humboldt Elementary School 503-916-6171 Public PK-5
Boise-Eliot / Humboldt Elementary School 503-916-6171 Public PK-5
Harriet Tubman Middle School 503-916-5630 Public 6-8
Jefferson High School 503-916-5180 Public 9-12
Grant High School 503-916-5160 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.