MLS# 24390938 – 911 Ne Dekum St, Portland, OR 97211 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Norris & Stevens Investment Real Estate Services.

Property Description

Description

3 Units

Status: Active

Year Built: 1909

Days on Website: 157

911 NE Dekum Street is a well-situated duplex and retail space located in the heart of the Wood¬lawn neighborhood in NE Portland. Built in 1909, the two residential units and one retail space make up approximately 2,900 square feet. Located in close proximity to dining and shopping options in an up-and-coming area, this property is positioned well for steady rental income and long-term appreciation.

Property Details and Features

Building

Building Area Total:

2900

Built in 1909

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3

Expenses

Operating Expense:

$12,408

Exterior Features

Exterior Description:

WoodSiding

Heating

Heating Available

Heating:

ForcedAir

Income

CAP Rate:

4.01

Gross Income:

$42,600

Gross Rent Multiplier:

16.41

Net Operating Income:

$28,062

Listing

Contract Status Change Date:

2024-06-17

Days On Market:

156

Last Transaction Date:

2024-11-15 14:55:22

List Price:

$699,000

Listing Contract Date:

2024-06-17

Listing Id:

24390938

Mls Status:

Active

Modification Timestamp:

2024-11-15 14:55:22

On Market Date:

2024-06-17

Previous List Price:

$729,000

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_142

County Or Parish:

Multnomah

Lot

Size Acres:

0.08

Size Range:

SqFt3000to4999

Size Square Feet:

3,484

Size:

3,000 to 4,999 SqFt

Property

Number Of Units Total:

Zoning:

CM2

Schools

Middle Or Junior School:

Ockley Green

Elementary School:

Woodlawn

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$4,171

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,650

Area:

1250

Features:

HardwoodFloors

Units Total:

2 total bathrooms

2 total bedroom

Unit Two

Actual Rent:

$1,400

Area:

1250

Features:

HardwoodFloors

Units Total:

1 total bathroom

3 total bedroom

Unit Three

Actual Rent:

$500

Area:

400

Units Total:

Utilities

Fuel Description:

Electricity,Gas

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$699,000 -

911 Ne Dekum St Portland , OR 97211

MLS Area Major: _142

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.