MLS# 24491668 – 15121 Se Stark St, Portland, OR 97233 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of The Broker Network, LLC.

Property Description

Description

4 Units

Status: Active

Year Built: 1997

Days on Website: 105

House Hacker Special!! Opportunity knocks with this hard to find four plex with each unit being 3 beds and 2 baths. Perfect owner occupied investment or just straight up investment property. Rents are month to month and under value currently. Opportunity to raise rents and increase the value of your investment. Great for 1031 Exchange or first investment property. Either way you will be hard pressed to find a better value.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

4900

Built in 1997

Storage:

Garage

Stories:

Unit Type Type:

UnitTypeType1

Cooling

Cooling:

None

Expenses

Operating Expense Scheduled:

19000

Operating Expense:

$19,000

Exterior Features

Exterior Description:

VinylSiding

Garage

Garage Spaces:

Heating

Heating Available

Heating:

ForcedAir

Income

CAP Rate:

5.7

Gross Income:

$76,800

Gross Rent Multiplier:

13.02

Gross Scheduled Income:

$96,000

Net Operating Income:

$57,000

Net Scheduled Income:

77000

Listing

Contract Status Change Date:

2024-08-07

Days On Market:

105

Last Transaction Date:

2024-11-20 09:44:13

List Price:

$999,950

Listing Contract Date:

2024-08-07

Listing Id:

24491668

Mls Status:

Active

Modification Timestamp:

2024-11-20 09:44:13

On Market Date:

2024-08-07

Rent Includes:

TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_143

County Or Parish:

Multnomah

Lot

Features:

Level

Size Acres:

0.23

Size Range:

SqFt10000to14999

Size Square Feet:

10,018

Size:

10,000 to 14,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

Driveway,Garage

4 total parking spots

Possession

Possession:

Negotiable

Property

Number Of Units Total:

Property Condition:

Existing

Property View

Zoning:

RM2

Roof

Roof:

Composition,Shingle

Schools

High School:

Reynolds

Middle Or Junior School:

H.B. Lee

Elementary School:

Glenfair

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$10,753

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,600

Area:

4900

Features:

Dishwasher,Range,Refrigerator,WasherDryerHookup

Units Total:

2 total bathrooms

3 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

$999,950 -

15121 Se Stark St Portland , OR 97233

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.