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612 E BURNSIDE ST

Portland, OR 97214
Square Ft.
6,639
Active
Multifamily
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$2,350,000
Mattsonian Apartments is a boutique mixed-use apartment property located along East Burnside Street, one of Portland’s most prominent and highly trafficked urban corridors. The three-story building consists of 10 efficiently designed studio apartments above a ground-floor retail space, offering investors a compelling blendof residential and commercial income in a dense,… Read MoreRead Less
Listing courtesy of Windermere Realty Trust.
Listing Snapshot
Days Online
6
Last Updated
Square Ft.
6,639
Lot Size
0.05 Acres
Year Built
1913
MLS Number
588380175
30 Days Snapshot Of 97214
$656k
-22%
(avg) sold price
12
+100%
homes sold
50
+35%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Building
Building Area Total: 6639, Built in 1913, Stories: 3, Unit Type Type: UnitTypeType1, UnitTypeType2
Expenses
Operating Expense Scheduled: 63908, Operating Expense: $66,421
Exterior Features
Exterior Description: Brick
Heating
Heating: ForcedAir
Income
CAP Rate: 6.46, Gross Income: $218,294, Gross Rent Multiplier: 10.77, Gross Scheduled Income: $228,106, Net Operating Income: $151,873, Net Scheduled Income: 164198
Lot
Features: CornerLot, Level, Size Acres: 0.05, Size Range: SqFt0Kto2999, Size Square Feet: 2,178, Size: 0K to 2,999 SqFt
Parking
Features: None
Property
Number Of Units Total: 11, Zoning: Multi
Roof
Roof: Flat
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $11,326, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,081, Area: 500, Features: HardwoodFloors, Range, Refrigerator, Units Total: 10, 1 total bathroom
Unit Two
Actual Rent: $3,880, Area: 1939, Units Total: 1, 1 total bathroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
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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.
Buckman Elementary School 503-916-6230 Public KG-5
Hosford Middle School 503-916-5640 Public 6-8
Cleveland High School 503-916-5120 Public 9-12
Buckman Elementary School 503-916-6230 Public KG-5
Buckman Elementary School 503-916-6230 Public KG-5
Hosford Middle School 503-916-5640 Public 6-8
Cleveland High School 503-916-5120 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.