MLS# 24141203 – 2530 Se 170th Ave, Portland, OR 97236 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Portland Homes & Commercial Properties.

Property Description

Description

4 Units

Status: Active

Year Built: 1965

Days on Website: 132

Motivated Seller! Consessions available. Please contact agent for information. Nice well cared 4-plex tucked off of SE Division. 3 long-time tenants and 1 vacant unit. 3 long-time tenants below market rent, eligible for increases next year. Photos are of the vacant unit. All units are similar in layout but have had long-term tenants.HES Score 1. https://us.greenbuildingregistry.com/green-homes/OR10230892

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

None

Building

Building Area Total:

3360

Built in 1965

Storage:

IndividualStorageUnits

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4

Community

Community Features:

AllLandscaping,Laundry

Cooling

Cooling:

None

Expenses

Operating Expense:

$8,621

Exterior Features

Exterior Description:

WoodSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

Baseboard

Income

CAP Rate:

4.63

Gross Income:

$41,090

Gross Rent Multiplier:

16.67

Net Operating Income:

$31,721

Listing

Contract Status Change Date:

2024-07-12

Days On Market:

131

Last Transaction Date:

2024-10-24 14:01:23

List Price:

$685,000

Listing Contract Date:

2024-07-12

Listing Id:

24141203

Mls Status:

Active

Modification Timestamp:

2024-10-24 14:01:23

On Market Date:

2024-07-12

Previous List Price:

$700,000

Rent Includes:

MaintenanceGrounds,Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_143

County Or Parish:

Multnomah

Lot

Features:

Level,PublicRoad

Size Acres:

0.25

Size Range:

SqFt10000to14999

Size Square Feet:

10,890

Size:

10,000 to 14,999 SqFt

Miscellaneous

Investor Information:

AnnualPropertyOperationData,RentRecords

Energy Saving

Green Certification

Parking

Features:

OffStreet,Paved

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

Existing

Zoning:

CM1

Roof

Roof:

Rubber

Schools

High School:

Centennial

Middle Or Junior School:

Centennial

Elementary School:

Powell Butte

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$6,753

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$793

Area:

840

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$793

Area:

840

Units Total:

1 total bathroom

2 total bedroom

Unit Three

Actual Rent:

$770

Area:

840

Units Total:

1 total bathroom

2 total bedroom

Unit Four

Area:

840

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

$685,000 -

2530 Se 170th Ave Portland , OR 97236

MLS Area Major: _143

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.