MLS# 24305908 – 4405 Se 15th Ave, Portland, OR 97202 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Property Details and Features

Building

Building Area Total:

7728

Built in 1970

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4,UnitTypeType5,UnitTypeType6,UnitTypeType7,UnitTypeType8

Community

Community Features:

Laundry

Expenses

Operating Expense Scheduled:

50608

Operating Expense:

$42,985

Exterior Features

Exterior Description:

T111Siding

Heating

Heating:

WallHeater

Income

CAP Rate:

5.14

Gross Income:

$161,121

Gross Rent Multiplier:

14.27

Gross Scheduled Income:

$172,700

Net Operating Income:

$118,136

Net Scheduled Income:

117097

Listing

Contract Status Change Date:

2024-08-15

Days On Market:

164

Last Transaction Date:

2025-01-10 09:36:21

List Price:

$2,300,000

Listing Contract Date:

2024-08-15

Listing Id:

24305908

Mls Status:

Active

Modification Timestamp:

2025-01-10 09:36:21

On Market Date:

2024-08-15

Previous List Price:

$2,400,000

Rent Includes:

MaintenanceGrounds,Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_143

County Or Parish:

Multnomah

Lot

Size Acres:

0.29

Size Range:

SqFt10000to14999

Size Square Feet:

12,632

Size:

10,000 to 14,999 SqFt

Parking

Features:

OffStreet,Paved

12 total parking spots

Property

Number Of Units Total:

Zoning:

R2.5

Roof

Roof:

Composition

Schools

Middle Or Junior School:

Hosford

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$17,816

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,195

Area:

610

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$1,095

Area:

640

Units Total:

1 total bathroom

1 total bedroom

Unit Three

Actual Rent:

$1,345

Area:

1220

Units Total:

2 total bathrooms

2 total bedroom

Unit Four

Actual Rent:

$1,345

Area:

610

Units Total:

1 total bathroom

1 total bedroom

Unit Five

Actual Rent:

$1,245

Area:

610

Units Total:

1 total bathroom

1 total bedroom

Unit Six

Actual Rent:

$1,225

Area:

610

Units Total:

1 total bathroom

1 total bedroom

Unit Seven

Actual Rent:

$1,125

Area:

610

Units Total:

1 total bathroom

1 total bedroom

Unit Eight

Actual Rent:

$1,135

Area:

610

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Electricity

Water Source:

PublicWater

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4405 Se 15th Ave Portland , OR 97202

Property Description

Description

Open House

Open House

Property Details and Features

Property Details and Features

Contact an Agent

John Wesley McPherson, Jr., CFA

Location

Street View

Nearby Schools

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