1805 NE 8TH AVE

Portland, OR 97212
Square Ft.
2,883
$1,249,000
Fantastic investment opportunity to acquire a 6-plex in the vibrant heart of Northeast Portland. This property is conveniently located by shops, restaurants, public transport, and highway access. It features six 1-bedroom, 1-bathroom apartment units, complete with on-site laundry facilities and personal storage units. No sign or lockbox is present onRead MoreRead Less
Listing courtesy of eXp Realty, LLC.
Listing Snapshot
Days Online
222
Last Updated
Square Ft.
2,883
Lot Size
0.12 Acres
Year Built
1940
MLS Number
24611974
30 Days Snapshot Of 97212
$915k
+1%
(avg) sold price
24
-7%
homes sold
39
+105%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: PartialBasement
Building
Building Area Total: 2883, Built in 1940, Storage: IndividualStorageUnits, Stories: 1, Unit Type Type: UnitTypeType1
Community
Community Features: Laundry
Cooling
Cooling: None
Expenses
Operating Expense Scheduled: 11730, Operating Expense: $11,730
Exterior Features
Exterior Description: WoodSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: Gravity
Income
CAP Rate: 6.5, Gross Income: $92,916, Gross Rent Multiplier: 13.44, Gross Scheduled Income: $92,916, Net Operating Income: $81,186, Net Scheduled Income: 81186
Lot
Size Acres: 0.12, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: Leases, ProfitLossStatement
Parking
Features: OffStreet
Property
Number Of Units Total: 6, Property Condition: Existing, Zoning: RM3
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $7,820, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $7,643, Area: 480, Features: HardwoodFloors, Range, Refrigerator, Units Total: 6, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Gas, 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.