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1118 1120 SE 45TH AVE

Portland, OR 97215
Square Ft.
1,950
Active
Multifamily
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$619,000
First Time Ever on the Market Charming Mt. Tabor Duplex in Prime SE Portland Location1118-1120 SE 45th Ave — a rare opportunity to own an income-producing duplex in one of Portland’s most sought-after neighborhoods. Nestled just steps from the Hawthorne & Belmont district, this classic property offers both charm and… Read MoreRead Less
Listing courtesy of RealtyNET, LLC.
Listing Snapshot
Days Online
24
Last Updated
Square Ft.
1,950
Lot Size
0.13 Acres
Year Built
1975
MLS Number
338459991
30 Days Snapshot Of 97215
$866k
+20%
(avg) sold price
24
-27%
homes sold
26
+73%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 1950, Built in 1975, Storage: Locked, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2
Community
Community Features: FrontYardLandscaping
Cooling
Cooling: WindowUnit
Expenses
Operating Expense: $6,831
Exterior Features
Exterior Description: Aluminum
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: Baseboard
Income
CAP Rate: 6.9, Gross Income: $46,200, Gross Rent Multiplier: 13.4, Gross Scheduled Income: $46,200, Net Operating Income: $42,700, Net Scheduled Income: 36132
Lot
Features: Level, Size Acres: 0.13, Size Range: SqFt5000to6999, Size Square Feet: 5,662, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, RentRecords, UtilityRecordsAvailable
Parking
Features: Driveway, 4 total parking spots
Property
Number Of Units Total: 2, Property Condition: Existing, Zoning: R2.5
Roof
Roof: Composition
Security Features
Features: None
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $6,831, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,975, Area: 975, Features: Dishwasher, HardwoodFloors, Refrigerator, WasherDryer, Units Total: 1, 2 total bathrooms, 2 total bedroom
Unit Two
Actual Rent: $1,875, Area: 975, Features: Dishwasher, HardwoodFloors, Refrigerator, WasherDryer, Units Total: 1, 2 total bathrooms, 2 total bedroom
Utilities
Fuel Description: Electricity, Gas, Hot Water Description: Electricity, Tank, Internet Service Type: Cable, Water Source: PublicWater
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Monthly Payment
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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.
Glencoe Elementary School 503-916-6207 Public KG-5
Mt Tabor Middle School 503-916-5646 Public 6-8
Franklin High School 503-916-5140 Public 9-12
Glencoe Elementary School 503-916-6207 Public KG-5
Glencoe Elementary School 503-916-6207 Public KG-5
Mt Tabor Middle School 503-916-5646 Public 6-8
Franklin High School 503-916-5140 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.