1525 SE 49TH AVE

Portland, OR 97215
Square Ft.
3,538
$1,100,000
Inner SE, fully-leased 5-plex performs well with very little vacancy. Recent upgrades include a new roof in 2024, new windows in 2025, and new landscaping/fence in 2025. Minor upgrades in units as well. Future development potential to add another building on the lot (buyer to do due diligence). ProfessionallyRead MoreRead Less
Listing courtesy of Homebase Real Estate Group.
Listing Snapshot
Days Online
131
Last Updated
Square Ft.
3,538
Lot Size
0.17 Acres
Year Built
1970
MLS Number
666861958
30 Days Snapshot Of 97215
$641k
+17%
(avg) sold price
15
+114%
homes sold
88
+44%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 3538, Built in 1970, Storage: IndividualStorageUnits, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
Community
Community Features: Laundry
Cooling
Cooling: None
Expenses
Operating Expense: $23,519
Exterior Features
Exterior Description: WoodSiding
Heating
Heating: Baseboard
Income
CAP Rate: 6.39, Gross Income: $93,816, Gross Rent Multiplier: 11.73, Net Operating Income: $70,295
Lot
Features: Level, Size Acres: 0.17, Size Range: SqFt7000to9999, Size Square Feet: 7,405, Size: 7,000 to 9,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, AnnualPropertyOperationData, Leases, RentRecords
Parking
Features: Assigned, OffStreet, 5 total parking spots
Property
Number Of Units Total: 5, Zoning: CM2
Roof
Roof: Flat
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $11,130, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,528, Area: 800, Features: Dishwasher, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,525, Area: 600, Features: Dishwasher, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $1,595, Area: 600, Features: Dishwasher, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Four
Actual Rent: $1,360, Area: 600, Features: Dishwasher, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Five
Actual Rent: $1,810, Area: 800, Features: Dishwasher, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Mortgage Calculator
Monthly Payment
$0
Erika George and Kari McGee
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Living Room Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

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.