MLS# 24387918 – 1704 Ne 81st Ave, Portland, OR 97213 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of eXp Realty, LLC.

Property Description

Description

2 Units

Status: Active

Year Built: 1962

Days on Website: 4

Duplex next door 1630-1632 is being sold too! This duplex is situated in an excellent location. Each unit features two bedrooms and one bathroom, and both are currently occupied. The properties boast hardwood floors and quartz countertops in the kitchen. This prime location is in close proximity to a university, public transportation, and highway access, making it an attractive rental opportunity. Please refrain from disturbing the tenants. Listing agent Risa Davis is an Oregon licensed Realtor, and Trustee to property.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

1560

Built in 1962

Storage:

Garage

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling:

None

Expenses

Operating Expense Scheduled:

28000

Operating Expense:

$7,401

Exterior Features

Exterior Description:

Cedar

Foundation

Foundation Details:

ConcretePerimeter

Garage

Garage Spaces:

Heating

Heating Available

Heating:

Baseboard

Income

CAP Rate:

3.46

Gross Income:

$27,300

Gross Rent Multiplier:

21.06

Gross Scheduled Income:

$36,000

Net Operating Income:

$19,899

Net Scheduled Income:

8000

Listing

Contract Status Change Date:

2024-11-18

Days On Market:

Last Transaction Date:

2024-11-22 16:21:26

List Price:

$575,000

Listing Contract Date:

2024-11-18

Listing Id:

24387918

Mls Status:

Active

Modification Timestamp:

2024-11-23 01:40:46

On Market Date:

2024-11-18

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_142

County Or Parish:

Multnomah

Lot

Size Acres:

0.12

Size Range:

SqFt5000to6999

Size Square Feet:

5,227

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

ProfitLossStatement,RentRecords

Parking

Features:

Driveway,Garage

2 total parking spots

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

Existing

Zoning:

RM1

Roof

Roof:

Composition

Schools

High School:

Leodis McDaniel

Middle Or Junior School:

Roseway Heights

Elementary School:

Jason Lee

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$5,253

Legal Description

Tax Year:

2024

Unit One

Actual Rent:

$1,125

Area:

700

Features:

HardwoodFloors

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$1,150

Area:

860

Features:

HardwoodFloors

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

$575,000 -

1704 Ne 81st Ave Portland , OR 97213

MLS Area Major: _142

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 11:50PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.