2047 SW 10TH AVE

Portland, OR 97201
Square Ft.
3,350
$995,000
5 Plex with CITY VIEWS and close to PSU campus. Zoning is RM4 which accommodates a high density, multi-dwelling build up to 30 units in a fabulous, central city location. As an investment, this 1912 build has a consistent rental history with a blend of studio, 1,2 andRead MoreRead Less
Listing courtesy of John L. Scott Portland Central.
Listing Snapshot
Days Online
161
Last Updated
Square Ft.
3,350
Lot Size
0.19 Acres
Year Built
1912
MLS Number
589908567
30 Days Snapshot Of 97201
$765k
+24%
(avg) sold price
18
+38%
homes sold
122
+542%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: Finished
Building
Building Area Total: 3350, Built in 1912, Storage: Attached, Garage, Stories: 3, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
Community
Community Features: Laundry
Cooling
Cooling: WindowUnit
Expenses
Operating Expense Scheduled: 36500, Operating Expense: $37,005
Exterior Features
Exterior Description: HardConcreteStucco
Foundation
Foundation Details: Slab
Garage
Garage Spaces: 1
Heating
Heating: Radiant
Income
CAP Rate: 5.27, Gross Income: $89,448, Gross Rent Multiplier: 11.12, Gross Scheduled Income: $96,660, Net Operating Income: $52,443, Net Scheduled Income: 60160
Lot
Features: CornerLot, Size Acres: 0.19, Size Range: SqFt7000to9999, Size Square Feet: 8,276, Size: 7,000 to 9,999 SqFt
Miscellaneous
Investor Information: ProfitLossStatement, RentRecords
Parking
Features: OnStreet
Property
Number Of Units Total: 5, Property Condition: Approximately, Zoning: RM4
Roof
Roof: Composition
Security Features
Features: Entry
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $17,299, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $999, Area: 500, Features: Dishwasher, Range, Refrigerator, Units Total: 1, 1 total bathroom
Unit Two
Actual Rent: $1,124, Area: 400, Features: Dishwasher, Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $1,100, Area: 700, Features: Dishwasher, Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Four
Actual Rent: $1,595, Area: 850, Features: Dishwasher, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Five
Actual Rent: $2,250, Area: 900, Features: Dishwasher, Range, Refrigerator, Units Total: 1, 1 total bathroom, 3 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.