MLS# 24536048 – 5525 Sw Florida St, Portland, OR 97219 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Laurie Sonnenfeld Realty.

Property Description

Description

2 Units

Status: Active

Year Built: 1955

Neighborhood: Maplewood

Days on Website: 51

Don’t miss your opportunity for this updated sunny 4 bed 3 bath home in coveted Maplewood! Main floor includes 3 bedrooms/2 baths boasting an open layout w/ freshly refinished hardwood floors. The living rooms bathed in natural light with a cozy fireplace. Renovated kitchen has brand new countertops, cabinets, backsplashes and fridge. French doors lead out to a newly painted deck. Classic mid-century details are complimented by updates and improvements. The lower level offers a permitted 1 bedroom/1 bath ADU with interior access and an outside entrance. The ADU has been refinished throughout, including new LVP wide-plank oak flooring and renovated kitchen and bathroom. Use the entire home for multi-generational or expandedl living or supplement your mortgage with a long term tenancy.Live the SW Portland dream spending your day at Gabriel Park, grab dinner or visit shops in quaint Multnomah Village while enjoying an evening on your expansive deck. Energy score of 6! New 200 amp panel, permitted ADU, and bolting to the foundation are some of the many updates that make this an easy choice to enjoy life in this cozy SW community minutes from all Portland has to offer.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

Daylight,ExteriorEntry,Finished

Building

Building Area Total:

2361

Built in 1955

Storage:

Basement

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Community

Community Features:

FrontYardLandscaping,Laundry

Cooling

Cooling:

None

Expenses

Operating Expense:

$10,000

Exterior Features

Exterior Description:

CulturedStone,Other,WoodSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

ForcedAir,Radiant,WallHeater

Income

CAP Rate:

Gross Income:

$42,000

Gross Rent Multiplier:

17.86

Net Operating Income:

$30,000

Listing

Contract Status Change Date:

2024-09-12

Days On Market:

Last Transaction Date:

2024-10-25 15:10:55

List Price:

$750,000

Listing Contract Date:

2024-09-12

Listing Id:

24536048

Mls Status:

Active

Modification Timestamp:

2024-10-25 15:10:55

On Market Date:

2024-09-12

Previous List Price:

$779,000

Rent Includes:

Electricity,Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_148

Subdivision Name:

MAPLEWOOD

County Or Parish:

Multnomah

Lot

Features:

Secluded,Sloped

Size Range:

SqFt5000to6999

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,Incomplete

Parking

Features:

OnStreet

Property

Number Of Units Total:

Property Condition:

Existing

Property View

Zoning:

Roof

Roof:

Composition

Schools

High School:

Ida B Wells

Middle Or Junior School:

Jackson

Elementary School:

Maplewood

Security Features

Features:

None

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$7,771

Legal Description

Unit One

Actual Rent:

$2,300

Area:

1330

Features:

Deck,Dishwasher,Fireplace,HardwoodFloors

Units Total:

2 total bathrooms

3 total bedroom

Unit Two

Actual Rent:

$1,200

Area:

811

Features:

Dishwasher,Fireplace,Range,Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Electricity,Gas

Hot Water Description:

Gas

Water Source:

PublicWater

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$750,000 - Br/0Ba - for Sale in Maplewood, Portland

Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$750,000 -

5525 Sw Florida St Portland , OR 97219

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.