MLS# 24444676 – 916 Se 35th Ave, Portland, OR 97214 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Windermere Realty Trust.

Property Description

Description

2 Units

Status: Active

Year Built: 1907

Neighborhood: Belmont / Hawthorne

Days on Website: 203

Fantastic opportunity in the heart of Belmont! Old PDX style duplex just one block off Belmont. Solid tenants on month to month leases. Great chance to get into the Portland real estate market. Separate electric and gas meters. Shared basement has washer/dryer. Anderson windows in 2022, and hardi-plank siding. Walk score 97. Bike score 100. Prime location and easy to rent! Priced to sell, sold as is. Write offers subject to interior inspection.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

PartialBasement,Unfinished

Building

Building Area Total:

2593

Built in 1907

Storage:

Basement

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Community

Community Features:

Laundry

Expenses

Operating Expense:

$8,200

Exterior Features

Exterior Description:

CementSiding,LapSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

ForcedAir95Plus

Income

CAP Rate:

5.85

Gross Income:

$46,200

Gross Rent Multiplier:

14.07

Net Operating Income:

$38,000

Listing

Contract Status Change Date:

2024-05-02

Days On Market:

202

Last Transaction Date:

2024-11-15 07:36:42

List Price:

$650,000

Listing Contract Date:

2024-05-02

Listing Id:

24444676

Mls Status:

Active

Modification Timestamp:

2024-11-15 07:36:42

On Market Date:

2024-05-02

Rent Includes:

TrashCollection

Standard Status:

Active

Location

MLS Area Major:

_143

Subdivision Name:

BELMONT / HAWTHORNE

County Or Parish:

Multnomah

Lot

Features:

Level

Size Acres:

0.08

Size Range:

SqFt3000to4999

Size Square Feet:

3,484

Size:

3,000 to 4,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

OnStreet

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Zoning:

Roof

Roof:

Composition

Schools

High School:

Franklin

Middle Or Junior School:

Sunnyside Env

Elementary School:

Sunnyside Env

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$6,291

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,850

Area:

983

Features:

Deck,Range,Refrigerator,WoodFloors

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$2,000

Area:

983

Features:

Deck,Range,Refrigerator,WoodFloors

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Gas

Hot Water Description:

Gas

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$650,000 -

916 Se 35th Ave Portland , OR 97214

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.