Portland, OR 97220
$850,000
Great investment opportunity in Montavilla neighborhood of NE Portland. 3 addresses on 1 tax lot. The 3-unit property consists of a 774 square foot, detached home built in 1924. A duplex on the back of the property was built in 2005. House features hard wood flooring, jack &Read MoreRead Less
Listing courtesy of Windermere Realty Trust.
Listing Snapshot
Days Online
8
Last Updated
Lot Size
0.17 Acres
Year Built
1924
MLS Number
579471332
30 Days Snapshot Of 97220
$373k
+8%
(avg) sold price
29
+163%
homes sold
34
-29%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace, Unfinished
Building
Built in 1924, Storage: Basement, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Expenses
Operating Expense Scheduled: 16990, Operating Expense: $16,990
Exterior Features
Exterior Description: WoodSiding
Foundation
Foundation Details: ConcretePerimeter
Garage
Garage Spaces: 2
Heating
Heating: ForcedAir
Income
CAP Rate: 6, Gross Income: $67,980, Gross Rent Multiplier: 12.5, Gross Scheduled Income: $69,180, Net Operating Income: $50,990, Net Scheduled Income: 52190
Lot
Features: GentleSloping, Size Acres: 0.17, Size Range: SqFt7000to9999, Size Square Feet: 7,405, Size: 7,000 to 9,999 SqFt
Parking
Features: Garage, OnStreet, 1 total parking spot
Property
Number Of Units Total: 3, Property Condition: UpdatedRemodeled, Zoning: RM1
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $10,911, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,820, Area: 1661, Features: Dishwasher, Fireplace, Range, WasherDryer, Units Total: 1, 3 total bathrooms, 3 total bedroom
Unit Two
Actual Rent: $1,995, Area: 1661, Features: Dishwasher, Fireplace, Range, WasherDryer, Units Total: 1, 3 total bathrooms, 3 total bedroom
Unit Three
Actual Rent: $1,850, Area: 774, Features: HardwoodFloors, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Gas, Hot Water Description: Gas, 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.