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8320 N PRINCETON ST

Portland, OR 97203
Square Ft.
4,324
Active
Multifamily
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$1,095,000
Exceptional Turnkey Investment in Portland’s Desirable Cathedral Park Neighborhood - Discover an outstanding opportunity with this well-maintained fourplex, built in 2014 and ideally situated in one of Portland’s most sought-after rental markets. Located in the Cathedral Park neighborhood—just minutes from the iconic St. Johns Bridge and the scenic waterfront—this property… Read MoreRead Less
Listing courtesy of 24/7 Properties.
Listing Snapshot
Days Online
169
Last Updated
Square Ft.
4,324
Lot Size
0.12 Acres
Year Built
2014
MLS Number
607818350
30 Days Snapshot Of 97203
$445k
-10%
(avg) sold price
36
+5%
homes sold
45
-15%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 4324, Built in 2014, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Cooling
Cooling: WallUnit
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense: $29,554
Exterior Features
Exterior Description: CementSiding, LapSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: ForcedAir
Income
CAP Rate: 6.4, Gross Income: $93,180, Gross Rent Multiplier: 11.75, Net Operating Income: $70,126
Lot
Features: Level, PublicRoad, Size Acres: 0.12, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner
Parking
Features: OnStreet
Property
Number Of Units Total: 4, Property Condition: Approximately, Zoning: RM2
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $16,454, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,800, Area: 973, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,960, Area: 973, Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,995, Area: 1015, Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Four
Actual Rent: $2,050, Area: 1015, Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
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.
James John Elementary School 503-916-6266 Public KG-5
George Middle School 503-916-6262 Public 6-8
Roosevelt High School 503-916-5260 Public 9-12
James John Elementary School 503-916-6266 Public KG-5
James John Elementary School 503-916-6266 Public KG-5
George Middle School 503-916-6262 Public 6-8
Roosevelt High School 503-916-5260 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.