2634 NE BROADWAY ST

Portland, OR 97232
Square Ft.
5,420
$1,099,000
Fantastic 5-Plex Investment Opportunity in the Heart of NE Portland. Located on a prominent corner lot at the intersection of Sullivan’s Gulch and Grant Park, this versatile 5-plex presents an exceptional opportunity for both investors and owner-occupants. Four units are currently rented below market value, offering significant upside potential. EachRead MoreRead Less
Listing courtesy of Crestview Realty, LLC.
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
5,420
Lot Size
0.09 Acres
Year Built
1925
MLS Number
557367342
30 Days Snapshot Of 97232
$761k
+25%
(avg) sold price
5
-37%
homes sold
51
-26%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Concrete
Basement
Basement: None
Building
Building Area Total: 5420, Built in 1925, Storage: Garage, Stories: 3, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
Cooling
Cooling: WindowUnit
Expenses
Operating Expense: $44,697
Exterior Features
Exterior Description: Stucco
Foundation
Foundation Details: ConcretePerimeter, Slab
Garage
Garage Spaces: 3
Heating
Heating: Zoned
Income
CAP Rate: 4.66, Gross Income: $95,880, Gross Rent Multiplier: 11.46, Net Operating Income: $51,183
Lot
Features: CornerLot, Size Acres: 0.09, Size Range: SqFt3000to4999, Size Square Feet: 3,920, Size: 3,000 to 4,999 SqFt
Parking
Features: Detached, Garage, 3 total parking spots
Property
Number Of Units Total: 5, Property Condition: Existing, Zoning: CM2
Roof
Roof: Flat
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $16,757, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,425, Area: 907, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $1,200, Area: 512, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $2,345, Area: 2005, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 2 total bathrooms, 3 total bedroom
Unit Four
Actual Rent: $1,550, Area: 816, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Five
Actual Rent: $1,470, Area: 816, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, Gas, Hot Water Description: Electricity, Water Source: PublicWater
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Mortgage Calculator
Monthly Payment
$0
Erika George and Kari McGee
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Living Room Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

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.