MLS# 24041377 – 1314 Sw Hall St, Portland, OR 97201 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Coldwell Banker Bain.

Property Description

Description

5 Units

Status: Active

Year Built: 1905

Neighborhood: Goose Hollow

Days on Website: 234

Historic 5 unit gem conveniently located less than .5 miles from Portland State and less than .25 miles from I-405. Centrally located with easy access to popular Portland locations yet tucked away on a quiet street for added privacy from it all. Perched up high you have beautiful city and mountain views with plenty of space to take it all in from two oversized balconies. This timeless treasure has been well cared for with modern updates. All units are leased please do not disturb tenants.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

ExteriorEntry,FullBasement,StorageSpace

Building

Building Area Total:

6598

Built in 1905

Storage:

Basement,IndividualStorageUnits

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4

Community

Community Features:

Laundry

Cooling

Cooling:

None

Expenses

Operating Expense:

$24,441

Exterior Features

Exterior Description:

WoodSiding

Heating

Heating Available

Heating:

ForcedAir

Income

CAP Rate:

4.97

Gross Income:

$88,018

Gross Rent Multiplier:

13.62

Net Operating Income:

$59,577

Listing

Contract Status Change Date:

2024-04-01

Days On Market:

234

Last Transaction Date:

2024-09-29 19:35:24

List Price:

$1,199,000

Listing Contract Date:

2024-04-01

Listing Id:

24041377

Mls Status:

Active

Modification Timestamp:

2024-11-21 01:07:54

On Market Date:

2024-04-01

Previous List Price:

$1,299,000

Rent Includes:

MaintenanceGrounds

Standard Status:

Active

Location

MLS Area Major:

_148

Subdivision Name:

GOOSE HOLLOW

County Or Parish:

Multnomah

Lot

Features:

GentleSloping,PublicRoad

Size Range:

SqFt3000to4999

Size:

3,000 to 4,999 SqFt

Miscellaneous

Investor Information:

Leases,MaintenanceRecordsAvailable,RentRecords,UtilityRecordsAvailable

Parking

Features:

OnStreet

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

Existing

Property View

Zoning:

RM1

Roof

Roof:

Composition

Schools

High School:

Lincoln

Middle Or Junior School:

West Sylvan

Elementary School:

Ainsworth

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$12,841

Legal Description

Unit One

Actual Rent:

$1,395

Area:

870

Features:

Dishwasher,Range,Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$1,525

Area:

870

Features:

Dishwasher,Range,Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Unit Three

Actual Rent:

$1,445

Area:

870

Features:

Dishwasher,Range,Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Unit Four

Actual Rent:

$1,650

Area:

1075

Features:

Dishwasher,Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Gas

Hot Water Description:

Gas

Water Source:

PublicWater

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$1,199,000 - Br/0Ba - for Sale in Goose Hollow, Portland

Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$1,199,000 -

1314 Sw Hall St Portland , OR 97201

MLS Area Major: _148

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 21, 2024 12:08AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.