3823 SE 52ND AVE

Portland, OR 97206
Square Ft.
7,001
$1,995,000
No sign at property. Please do not disturb tenants or walk the lot. Absolutely turnkey 11 unit building with all new systems and finishes. Diverse mix of 1 bedroom, 2 bedroom, and one 3 bedroom units. Great close in location across from popular food carts and on the bus line.Read MoreRead Less
Listing courtesy of High Five Properties.
Listing Snapshot
Days Online
1
Last Updated
Square Ft.
7,001
Lot Size
0.43 Acres
Year Built
1955
MLS Number
368676783
30 Days Snapshot Of 97206
$478k
-2%
(avg) sold price
51
-21%
homes sold
29
-3%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: StorageSpace
Building
Building Area Total: 7001, Built in 1955, Storage: IndividualStorageUnits, Locked, Stories: 3, Unit Type Type: UnitTypeType1, UnitTypeType10, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7, UnitTypeType8, UnitTypeType9
Community
Community Features: Laundry
Expenses
Operating Expense Scheduled: 57137, Operating Expense: $63,719
Exterior Features
Exterior Description: CementSiding, WoodSiding
Heating
Heating: WallHeater, Zoned
Income
CAP Rate: 6.73, Gross Income: $208,440, Gross Rent Multiplier: 9.57, Gross Scheduled Income: $216,496, Net Operating Income: $134,299, Net Scheduled Income: 148534
Lot
Features: Level, Size Acres: 0.43, Size Range: SqFt15000to19999, Size Square Feet: 18,730, Size: 15,000 to 19,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, Leases, RentRecords
Parking
Features: OffStreet, Open, 13 total parking spots
Property
Number Of Units Total: 11, Property Condition: Approximately, Zoning: R2
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $11,995, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,100, Area: 377, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 2, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $1,100, Area: 374, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $1,200, Area: 630, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Four
Actual Rent: $1,450, Area: 604, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Five
Actual Rent: $1,425, Area: 606, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Six
Actual Rent: $2,150, Area: 982, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 1 total bathroom, 3 total bedroom
Unit Seven
Actual Rent: $1,795, Area: 710, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Eight
Actual Rent: $1,750, Area: 618, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Nine
Actual Rent: $2,000, Area: 800, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Ten
Actual Rent: $1,450, Area: 650, Features: Range, Refrigerator, WindowCoverings, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, 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.