MLS# 24114623 – 2240 Ne 14th Ave, Portland, OR 97212 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Redfin.

Property Description

Description

4 Units

Status: Active

Year Built: 1908

Neighborhood: Irvington

Days on Website: 41

Discover a beautiful vintage 4-plex brimming with historic charm! Each spacious unit features 2 bedrooms and 1 bath, with two offering lovely balconies to enjoy the outdoors. The hardwood floors and cozy fireplace add to the inviting atmosphere. Residents will appreciate access to a side yard, perfect for relaxation or gardening. Significant updates, including plumbing, sewer, and water lines completed in 2016, provide peace of mind while maintaining the building's classic appeal. The expansive basement offers ample storage and laundry facilities for added practicality. Don’t miss the chance to own a piece of history while enjoying all the comforts of home. Schedule your viewing today!

Property Details and Features

Basement

Basement:

ExteriorEntry,FullBasement,StorageSpace

Building

Building Area Total:

4316

Built in 1908

Storage:

Basement,IndividualStorageUnits

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4

Community

Community Features:

Commons,Laundry

Cooling

Cooling:

None

Expenses

Operating Expense:

$28,086

Exterior Features

Exterior Description:

Stucco

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

Baseboard

Income

CAP Rate:

3.56

Gross Income:

$74,361

Gross Rent Multiplier:

17.48

Net Operating Income:

$46,274

Listing

Contract Status Change Date:

2024-10-11

Days On Market:

Last Transaction Date:

2024-11-14 08:29:22

List Price:

$1,300,000

Listing Contract Date:

2024-10-11

Listing Id:

24114623

Mls Status:

Active

Modification Timestamp:

2024-11-14 08:29:22

On Market Date:

2024-10-11

Rent Includes:

MaintenanceGrounds,Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_142

Subdivision Name:

IRVINGTON

County Or Parish:

Multnomah

Lot

Features:

CornerLot,Level

Size Range:

SqFt3000to4999

Size:

3,000 to 4,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,Leases

Property

Number Of Units Total:

Property Condition:

Unknown

Zoning:

Roof

Roof:

Composition

Schools

High School:

Grant

Middle Or Junior School:

Harriet Tubman

Elementary School:

Irvington

Security Features

Features:

Entry

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$12,852

Legal Description

Unit One

Actual Rent:

$1,799

Area:

979

Features:

Fireplace,HardwoodFloors,Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$1,899

Area:

979

Features:

Fireplace,HardwoodFloors,Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Three

Actual Rent:

$1,900

Area:

979

Features:

Fireplace,HardwoodFloors,Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Four

Actual Rent:

$2,196

Area:

979

Features:

Fireplace,HardwoodFloors,Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$1,300,000 -

2240 Ne 14th Ave Portland , OR 97212

MLS Area Major: _142

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 12:47PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.