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909 SW GAINES ST

Portland, OR 97239
Square Ft.
2,264
Active
Multifamily
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$1,075,000
Rare developer and investor opportunity directly across from OHSU Hospital and adjacent to the medical and nursing schools! This premium location features approximately 15,000 SF of land spanning 3 city lots zoned RM2. Excellent potential for future growth with the massive benefit of immediate holding income: the property features an… Read MoreRead Less
Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate.
Listing Snapshot
Days Online
13
Last Updated
Square Ft.
2,264
Lot Size
0.34 Acres
Year Built
1904
MLS Number
625599636
30 Days Snapshot Of 97239
$860k
+9%
(avg) sold price
20
-20%
homes sold
38
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: FullBasement, PartiallyFinished
Building
Building Area Total: 2264, Built in 1904, Unit Type Type: UnitTypeType1
Expenses
Operating Expense: $10,775
Exterior Features
Exterior Description: LapSiding
Heating
Heating: ForcedAir
Income
CAP Rate: 0.9, Gross Income: $20,400, Gross Rent Multiplier: 52.7, Net Operating Income: $9,625
Lot
Size Acres: 0.34, Size Range: SqFt15000to19999, Size Square Feet: 14,810, Size: 15,000 to 19,999 SqFt
Miscellaneous
Investor Information: Incomplete
Parking
Features: Driveway, 4 total parking spots
Property
Number Of Units Total: 1, Zoning: RM2
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $10,775, Legal Description
Unit One
Actual Rent: $1,700, Area: 2264, Features: Refrigerator, Units Total: 1, 2 total bathrooms, 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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Schools In The Area

Check out nearby schools with ratings and contact info.
Ainsworth Elementary School 503-916-6288 Public KG-5
West Sylvan Middle School 503-916-5690 Public 6-8
Lincoln High School 503-916-5200 Public 9-12
Ainsworth Elementary School 503-916-6288 Public KG-5
Ainsworth Elementary School 503-916-6288 Public KG-5
West Sylvan Middle School 503-916-5690 Public 6-8
Lincoln High School 503-916-5200 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.