MLS# 24027318 – 7250 Se 78th Ave, Portland, OR 97206 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Keller Williams Realty Portland Premiere.

Property Description

Description

4 Units

Status: Active

Year Built: 2024

Neighborhood: Brentwood - Darlington

Days on Website: 68

Welcome to a masterpiece of modern living at our impeccably designed new 4plex. Boasting a highly sought-after unit mix, this property features (2) 3-bedroom/2.1-bath units and (2) 2-bedroom/2.1-bath units. Each unit presents an open concept layout where the spacious living rooms seamlessly flow into stunning kitchens adorned with abundant cabinetry, expansive tile work, and gleaming stainless steel appliances. Upstairs, you'll find generously sized bedrooms accompanied by 2 full bathrooms, offering both comfort and convenience. Expansive windows and loft ceilings enhance the ambiance with natural light, creating a bright and airy atmosphere throughout. Centrally located for ultimate convenience, this property places you just 0.3 miles from a variety of coffee shops, groceries, and restaurants. Easy commuting is assured with swift access to I-205, facilitating seamless travel across the Portland metro area. Bolster your investment portfolio + enjoy peace of mind with a 1-year builder warranty!

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

3850

Built in 2024

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4

Cooling

Cooling Equipped

Cooling:

HeatPump

Expenses

Operating Expense:

$27,084

Exterior Features

Exterior Description:

CementSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

MiniSplit

Income

CAP Rate:

5.74

Gross Income:

$113,226

Gross Rent Multiplier:

13.25

Net Operating Income:

$86,142

Listing

Contract Status Change Date:

2024-06-26

Days On Market:

Last Transaction Date:

2024-07-03 13:06:46

List Price:

$1,499,900

Listing Contract Date:

2024-06-26

Listing Id:

24027318

Mls Status:

Active

Modification Timestamp:

2024-08-05 08:45:00

On Market Date:

2024-06-26

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_143

Subdivision Name:

BRENTWOOD - DARLINGTON

County Or Parish:

Multnomah

Lot

Features:

Level

Size Range:

SqFt3000to4999

Size:

3,000 to 4,999 SqFt

Property

Number Of Units Total:

Property Condition:

NewConstruction

Property View

Zoning:

R2.5

Roof

Roof:

Composition

Schools

High School:

Cleveland

Middle Or Junior School:

Lane

Elementary School:

Whitman

Sewer

Sewer:

PublicSewer

Taxes

Legal Description

Unit One

Actual Rent:

$2,600

Area:

1091

Features:

AirConditioning,Dishwasher,Microwave,Range

Units Total:

3 total bathrooms

3 total bedroom

Unit Two

Actual Rent:

$2,250

Area:

834

Features:

AirConditioning,Dishwasher,Microwave,Range

Units Total:

3 total bathrooms

2 total bedroom

Unit Three

Actual Rent:

$2,600

Area:

1091

Features:

AirConditioning,Dishwasher,Microwave,Range

Units Total:

3 total bathrooms

3 total bedroom

Unit Four

Actual Rent:

$2,250

Area:

834

Features:

AirConditioning,Dishwasher,Microwave,Range

Units Total:

3 total bathrooms

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

[+] Read More

$1,499,900 - Br/0Ba - for Sale in Brentwood - Darlington, Portland

Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$1,499,900 -

7250 Se 78th Ave Portland , OR 97206

MLS Area Major: _143

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on September 7, 2024 1:51PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.