MLS# 24509863 – 3526 Sw Beaverton Hillsdale Hwy, Portland, OR 97221 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Metro Group Realty.

Property Description

Description

6 Units

Status: Pending

Year Built: 1991

Days on Website: 78

Six unit property that is located off Beaverton Hillsdale Highway in a great area with easy freeway access to downtown Portland and close to shopping and Multnomah Village. The property consists of a five unit townhome and a single family home next door both on separate tax lots. All the townhome units are two bedroom / one and a half bathroom with private patios off the back and locking storage space. Off street parking newer roof, newer windows, on site laundry and looked mailboxes. There is also a 3 bedroom/ 2 bathroom detached house next door on its own tax lot with a one car garage. The house has a newer electric furnace and hardwood floors. Potential to build more unis in the future as the single-family home sits on a 7325 square foot lot that is zoned R2.

Property Details and Features

Unit Two

Area:

886

Actual Rent:

$1,465

Features:

Dishwasher,Disposal,Refrigerator,Storage

Units Total:

2 total bathrooms

2 total bedroom

Property Access

Road Surface Type:

Paved

Building

Building Area Total:

5848

Built in 1991

Storage:

IndividualStorageUnits,Locked

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4,UnitTypeType5,UnitTypeType6

Community

Community Features:

Laundry

Cooling

Cooling:

None

Expenses

Operating Expense:

$45,166

Exterior Features

Exterior Description:

CementSiding

Garage

Garage Spaces:

Heating

Heating:

Other,WallHeater

Income

CAP Rate:

5.33

Gross Income:

$114,420

Gross Rent Multiplier:

11.36

Net Operating Income:

$69,254

Listing

Contract Status Change Date:

2024-11-14

Cumulative Days On Market:

Days On Market:

Last Transaction Date:

2024-11-14 13:51:07

List Price:

$1,300,000

Listing Contract Date:

2024-09-04

Listing Id:

24509863

Mls Status:

Pending

Modification Timestamp:

2024-11-14 13:51:07

Off Market Date:

2024-11-14

On Market Date:

2024-09-04

Purchase Contract Date:

2024-11-14

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Pending

Location

MLS Area Major:

_148

County Or Parish:

Multnomah

Lot

Features:

Cul_de_sac,OnBusline

Size Acres:

0.34

Size Range:

SqFt15000to19999

Size Square Feet:

14,810

Size:

15,000 to 19,999 SqFt

Miscellaneous

Investor Information:

AnnualPropertyOperationData,Leases

Parking

Features:

Driveway,OffStreet

11 total parking spots

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Property View

Zoning:

Multi

Roof

Roof:

Composition

Schools

High School:

Ida B Wells

Middle Or Junior School:

Robert Gray

Elementary School:

Hayhurst

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$16,784

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$2,300

Area:

1908

Features:

Dishwasher,Range,Refrigerator,WoodFloors

Units Total:

2 total bathrooms

3 total bedroom

Unit Three

Actual Rent:

$1,470

Area:

886

Features:

Dishwasher,Disposal,Refrigerator,Storage

Units Total:

2 total bathrooms

2 total bedroom

Unit Four

Actual Rent:

$1,400

Area:

886

Features:

Dishwasher,Disposal,Refrigerator,Storage

Units Total:

2 total bathrooms

2 total bedroom

Unit Five

Actual Rent:

$1,445

Area:

886

Features:

Dishwasher,Disposal,Refrigerator,Storage

Units Total:

2 total bathrooms

2 total bedroom

Unit Six

Actual Rent:

$1,455

Area:

886

Features:

Dishwasher,Disposal,Refrigerator,Storage

Units Total:

2 total bathrooms

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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$1,300,000 - Br/0Ba - for Sale in Portland

Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$1,300,000 -

3526 Sw Beaverton Hillsdale Hwy Portland , OR 97221

MLS Area Major: _148

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.