2575 NW LOVEJOY ST

Portland, OR 97210
Square Ft.
7,182
$1,800,000
Discover an outstanding 100% occupied investment opportunity in the heart of Portland's vibrant NW district, Nob Hill, two blocks to NW 23rd Avenue. This meticulously maintained 8-unit multifamily property with new roof 2023-2024 offers a blend of urban convenience and serene outdoor access, perfect for those seeking both city lifeRead MoreRead Less
Listing courtesy of Kohler Meyers O'Halloran Inc..
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
7,182
Lot Size
0.21 Acres
Year Built
1960
MLS Number
430280548
30 Days Snapshot Of 97210
$1.04M
+87%
(avg) sold price
6
-14%
homes sold
51
-43%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: ExteriorEntry, StorageSpace
Building
Building Area Total: 7182, Built in 1960, Storage: Basement, IndividualStorageUnits, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7, UnitTypeType8
Community
Community Features: Laundry
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense: $72,908
Exterior Features
Exterior Description: Brick, LapSiding, WoodSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: Zoned
Income
CAP Rate: 2.15, Gross Income: $111,700, Gross Rent Multiplier: 16.11, Gross Scheduled Income: $116,580, Net Operating Income: $38,680
Lot
Features: CornerLot, PublicRoad, Size Acres: 0.21, Size Dimensions: 9300sf, Size Range: SqFt7000to9999, Size Square Feet: 9,147, Size: 7,000 to 9,999 SqFt
Miscellaneous
Investor Information: Leases, ProfitLossStatement, RentRecords
Parking
Features: Assigned, Paved, 8 total parking spots
Property
Number Of Units Total: 8, Property Condition: Existing, Zoning: RM3
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $22,251, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,285, Area: 750, Features: Dishwasher, HardwoodFloors, Refrigerator, Storage, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,090, Area: 750, Features: Dishwasher, HardwoodFloors, Refrigerator, Storage, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,395, Area: 750, Features: Dishwasher, HardwoodFloors, Refrigerator, Storage, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Four
Actual Rent: $1,210, Area: 750, Features: Dishwasher, HardwoodFloors, Refrigerator, Storage, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Five
Actual Rent: $1,210, Area: 750, Features: Dishwasher, HardwoodFloors, Refrigerator, Storage, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Six
Actual Rent: $1,075, Area: 700, Features: Dishwasher, HardwoodFloors, Refrigerator, Storage, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Seven
Actual Rent: $1,295, Area: 700, Features: Dishwasher, HardwoodFloors, Refrigerator, Storage, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Eight
Actual Rent: $1,155, Area: 700, Features: Dishwasher, HardwoodFloors, Refrigerator, Storage, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Internet Service Type: Cable, 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.