7450 N PORTSMOUTH AVE

Portland, OR 97203
Square Ft.
3,152
$875,000
***Investor Special*** Charming single-level 4-PLEX located in the highly sought-after University Park neighborhood. This well-maintained property consists of two duplexes, connected by a beautifully landscaped courtyard with native bushes and stone pathways that provide access to each unit. The spacious 100' x 105' lot is fully fenced providing added securityRead MoreRead Less
Listing courtesy of Opt.
Listing Snapshot
Days Online
113
Last Updated
Square Ft.
3,152
Lot Size
0.24 Acres
Year Built
1977
MLS Number
324695934
30 Days Snapshot Of 97203
$474k
-2%
(avg) sold price
23
-36%
homes sold
39
-18%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 3152, Built in 1977, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Community
Community Features: Commons, FrontYardLandscaping
Expenses
Operating Expense Scheduled: 25598, Operating Expense: $24,613
Exterior Features
Exterior Description: Panel, WoodSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: Baseboard, WallHeater
Income
CAP Rate: 5.66, Gross Income: $74,100, Gross Rent Multiplier: 11.81, Gross Scheduled Income: $78,546, Net Operating Income: $49,487, Net Scheduled Income: 52948
Lot
Features: CornerLot, Gated, Level, Size Acres: 0.24, Size Dimensions: 100 x 105, Size Range: SqFt10000to14999, Size Square Feet: 10,454, Size: 10,000 to 14,999 SqFt
Parking
Features: Assigned, Driveway, 6 total parking spots
Property
Number Of Units Total: 4, Property Condition: Existing, Zoning: R2.5
Roof
Roof: Composition, Shingle
Security Features
Features: Entry, SecurityLights, Sidewalk
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $8,083, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,575, Area: 788, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,575, Area: 788, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,575, Area: 788, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Four
Actual Rent: $1,450, Area: 788, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 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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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.