5305 SE 34TH AVE

Portland, OR 97202
Square Ft.
3,425
$799,900
Investment property with a multitude of potential uses. Currently being operated as a rental for students of Reed College, this unique multi-level home sits on a coveted corner lot adjacent to Reed, offering stunning views of its iconic campus and the serene, forested canyon nature preserve. In 2022/23 extensive upgradesRead MoreRead Less
Listing courtesy of Windermere Realty Trust.
Listing Snapshot
Days Online
21
Last Updated
Square Ft.
3,425
Lot Size
0.21 Acres
Year Built
1948
MLS Number
278432825
30 Days Snapshot Of 97202
$667k
-7%
(avg) sold price
39
+21%
homes sold
34
+17%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: Finished, FullBasement
Building
Building Area Total: 3425, Built in 1948, Storage: Attached, Stories: 3, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
Community
Community Features: CentralAir, Commons, Laundry
Cooling
Cooling: CentralAir
Expenses
Operating Expense Scheduled: 26232, Operating Expense: $26,232
Exterior Features
Exterior Description: T111Siding
Garage
Garage Spaces: 2
Heating
Heating: ForcedAir
Income
CAP Rate: 4.25, Gross Income: $60,221, Gross Rent Multiplier: 13.28, Gross Scheduled Income: $89,718, Net Operating Income: $33,989, Net Scheduled Income: 63486
Lot
Features: CornerLot, Level, Trees, Size Acres: 0.21, Size Range: SqFt7000to9999, Size Square Feet: 9,147, Size: 7,000 to 9,999 SqFt
Miscellaneous
Investor Information: Leases
Parking
Features: Garage, OffStreet, 2 total parking spots
Property
Number Of Units Total: 8, Property Condition: UpdatedRemodeled, Zoning: R7
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $9,356, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $875, Features: AirConditioning, HardwoodFloors, Units Total: 2, 1 total bedroom
Unit Two
Features: AirConditioning, Units Total: 3, 1 total bedroom
Unit Three
Actual Rent: $925, Features: AirConditioning, HardwoodFloors, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Four
Actual Rent: $775, Features: AirConditioning, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Five
Actual Rent: $725, Features: AirConditioning, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Gas, Hot Water Description: Tankless, 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.