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3741 SE CESAR E CHAVEZ BLVD

Portland, OR 97202
Square Ft.
2,815
Active
Multifamily
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$869,900
Fantastic Investment Opportunity conveniently located near the Division/Hawthorne area. Nicely updated kitchen and baths and LVT flooring throughout. The previous owner did electrical and plumbing updates. On-site coin operated laundry for addition revenue to new owner. Close to local shopping. All units leased until April of 2025. Drive by is… Read MoreRead Less
Listing courtesy of MORE Realty.
Listing Snapshot
Days Online
148
Last Updated
Square Ft.
2,815
Lot Size
0.11 Acres
Year Built
1951
MLS Number
24657886
30 Days Snapshot Of 97202
$828k
+19%
(avg) sold price
10
-64%
homes sold
61
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: Finished, FullBasement
Building
Building Area Total: 2815, Built in 1951, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Community
Community Features: Laundry
Cooling
Cooling Equipped, Cooling: MiniSplit
Expenses
Operating Expense: $17,000
Exterior Features
Exterior Description: LapSiding
Heating
Heating Available, Heating: MiniSplit
Income
CAP Rate: 5.63, Gross Income: $65,220, Gross Rent Multiplier: 13.34, Net Operating Income: $49,000
Lot
Features: Level, Size Acres: 0.11, Size Range: SqFt3000to4999, Size Square Feet: 4,791, Size: 3,000 to 4,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner
Parking
Features: Carport, Paved
Property
Number Of Units Total: 4, Property Condition: UpdatedRemodeled, Zoning: Multi
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $9,788, Legal Description, Tax Year: 2023
Unit One
Actual Rent: $1,495, Area: 808, Features: Dishwasher, Microwave, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,495, Area: 806, Features: Dishwasher, Microwave, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,195, Area: 600, Features: Microwave, Range, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Four
Actual Rent: $1,195, Area: 600, Features: Microwave, Range, Units Total: 1, 1 total bathroom, 1 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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Schools In The Area

Check out nearby schools with ratings and contact info.
Grout Elementary School 503-916-6209 Public EE-5
Hosford Middle School 503-916-5640 Public 6-8
Cleveland High School 503-916-5120 Public 9-12
Grout Elementary School 503-916-6209 Public EE-5
Hosford Middle School 503-916-5640 Public 6-8
Cleveland High School 503-916-5120 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.
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.