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13414 NW SHERRY ST

Portland, OR 97229
Square Ft.
2,485
Active
Multifamily
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$799,000
*Don't Walk the Property* Cap rate is 6.2% with current rental income. 5-10 additional units can be added! Recent remodeling includes all new water and sewer line, new tankless water heaters, new electrical panels. Exceptional investment and development opportunity in the heart of Cedar Mill! This remodeled duplex features two… Read MoreRead Less
Listing courtesy of Kevin Morris Realty.
Listing Snapshot
Days Online
48
Last Updated
Square Ft.
2,485
Lot Size
0.34 Acres
Year Built
1951
MLS Number
741838046
30 Days Snapshot Of 97229
$828k
+10%
(avg) sold price
71
-15%
homes sold
55
+19%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 2485, Built in 1951, Storage: Garage, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense: $58,560
Exterior Features
Exterior Description: Cedar, LapSiding
Heating
Heating: ForcedAir
Income
CAP Rate: 7.33, Gross Income: $58,560, Gross Rent Multiplier: 13.64, Net Operating Income: $58,560
Lot
Features: Level, Size Acres: 0.34, Size Range: SqFt10000to14999, Size Square Feet: 14,810, Size: 10,000 to 14,999 SqFt
Parking
Features: Driveway, Garage
Property
Number Of Units Total: 2, Property Condition: UpdatedRemodeled, Zoning: R24-40
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $5,077, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $2,190, Area: 1485, Features: Dishwasher, Units Total: 1, 1 total bathroom, 3 total bedroom
Unit Two
Actual Rent: $2,090, Area: 1000, Features: Dishwasher, Units Total: 1, 1 total bathroom, 3 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.
Terra Linda Elementary School 503-356-2520 Public KG-5
Tumwater Middle School 503-356-3686 Public 6-8
Sunset High School 503-356-2960 Public 9-12
Terra Linda Elementary School 503-356-2520 Public KG-5
Terra Linda Elementary School 503-356-2520 Public KG-5
Tumwater Middle School 503-356-3686 Public 6-8
Sunset High School 503-356-2960 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.