MLS# 23615103 – 10618 Sw 49th Ave, Portland, OR 97219 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of The Group Real Estate Services.

Property Description

Description

2 Units

Status: Active

Year Built: 1988

Neighborhood: Capitol Hill

Days on Website: 467

Duplex opportunity in excellent condition. Great Owner Occupied opportunity - SELLER WILL PAY THE $4,200 PDX RELO FEE FOR AN OWNER OCCUPIED BUYER! This is a side by side duplex, each unit features 2 bedrooms with dual closets, one bathroom, open living room/dining room and kitchen that leads to a sliding door with a paved, private patio. New hardiplank siding, new windows and new exterior paint in March 2020. Stellar occupancy: Both units have long term month-month tenants. Owner Occupied option allows a 90 day notice upon accepted offer of either unit. Close to parks, stores, schools, restaurants, PCC-Sylvania. Easy access to freeways and public transportation. Near to Markham Elementary, Capitol Hill Library and Holly Farm Park.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

1824

Built in 1988

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling:

None

Expenses

Operating Expense:

$14,666

Exterior Features

Exterior Description:

CementSiding

Foundation

Foundation Details:

ConcretePerimeter

Water Features

Water Body Name:

not waterfront

Waterfront Features:

Other

Waterfront Property

Heating

Heating Available

Heating:

Zoned

Income

CAP Rate:

2.22

Gross Income:

$26,676

Gross Rent Multiplier:

20.24

Net Operating Income:

$12,010

Listing

Contract Status Change Date:

2023-08-09

Days On Market:

471

Last Transaction Date:

2024-09-16 13:22:29

List Price:

$540,000

Listing Contract Date:

2023-08-09

Listing Id:

23615103

Mls Status:

Active

Modification Timestamp:

2024-09-16 13:22:29

On Market Date:

2023-08-09

Previous List Price:

$560,000

Rent Includes:

MaintenanceGrounds,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_148

Subdivision Name:

CAPITOL HILL

County Or Parish:

Multnomah

Lot

Features:

Level

Size Range:

SqFt5000to6999

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

AnnualPropertyOperationData,Leases,MaintenanceRecordsAvailable,RentRecords

Parking

Features:

Assigned,Paved

2 total parking spots

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

Existing

Zoning:

Roof

Roof:

Composition

Schools

High School:

Ida B Wells

Middle Or Junior School:

Jackson

Elementary School:

Markham

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$6,310

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,180

Area:

900

Features:

Dishwasher,Fireplace,Range,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$1,160

Area:

900

Features:

Dishwasher,Fireplace,Range,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

[+] Read More

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$540,000 -

10618 Sw 49th Ave Portland , OR 97219

MLS Area Major: _148

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 11:50PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.