MLS# 24605662 – 824 Se Tacoma St, Portland, OR 97202 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Keller Williams Realty Portland Premiere.

Property Description

Description

2 Units

Status: Active

Year Built: 1936

Neighborhood: Sellwood / Moreland

Days on Website: 120

Amazing opportunity to invest in (2) detached homes in the heart of iconic Sellwood! The ever-popular location puts your in perfect proximity to great coffee, vibrant shops, bakeries + hot restaurants! Thoughtfully updated, find light + bright floorpans showcasing high-end features, hard surface flooring + neutral designer tones! Each home offers its own charm + custom updates with a combined 6 bedrooms! A great investment to add to the portfolio this year!

Property Details and Features

Unit One

1 total bathroom

Actual Rent:

$3,025

Area:

1661

Features:

Dishwasher,Disposal,Microwave,Range

Units Total:

4 total bedroom

Property Access

Road Surface Type:

Paved

Basement

Basement:

Finished

Building

Building Area Total:

2321

Built in 1936

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Expenses

Operating Expense Scheduled:

10050

Operating Expense:

$10,050

Exterior Features

Exterior Description:

LapSiding

Heating

Heating Available

Heating:

Zoned

Income

CAP Rate:

6.67

Gross Income:

$61,440

Gross Rent Multiplier:

12.53

Gross Scheduled Income:

$61,440

Net Operating Income:

$51,390

Net Scheduled Income:

51390

Listing

Contract Status Change Date:

2024-07-24

Days On Market:

120

Last Transaction Date:

2024-09-11 11:24:39

List Price:

$769,900

Listing Contract Date:

2024-07-24

Listing Id:

24605662

Mls Status:

Active

Modification Timestamp:

2024-09-11 11:24:39

On Market Date:

2024-07-24

Previous List Price:

$779,900

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_143

Subdivision Name:

SELLWOOD / MORELAND

County Or Parish:

Multnomah

Lot

Features:

CornerLot,Level

Size Range:

SqFt5000to6999

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,AnnualPropertyOperationData

Parking

Features:

Assigned

2 total parking spots

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Property View

Zoning:

RM1

Roof

Roof:

Composition

Schools

High School:

Cleveland

Middle Or Junior School:

Sellwood

Elementary School:

Duniway

Sewer

Sewer:

PublicSewer

Taxes

Legal Description

Tax Year:

2024

Unit Two

Actual Rent:

$2,095

Area:

660

Features:

Dishwasher,Disposal,Microwave,Range

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

[+] Read More

$769,900 - Br/0Ba - for Sale in Sellwood / Moreland, Portland

Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$769,900 -

824 Se Tacoma St Portland , OR 97202

MLS Area Major: _143

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 12:47PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.