MLS# 24667291 – 9203 Se Stark St, Portland, OR 97216 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Portland Proper Real Estate.

Property Description

Description

2 Units

Status: Active

Year Built: 1950

Days on Website: 154

Best priced duplex in the Metro area! Solid, side-by-side plex sold with one newly-updated unit vacant and ready for occupancy or market-rate rental. Off-street parking, garage storage, and private backyard space. Excellent transportation access (bus and MAX), close to Montavilla restaurants and amenities. CM2 zoning provides range of future development options (buyer to do own due diligence). Seller is a licensed OR real estate broker. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10229832]

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

1160

Built in 1950

Storage:

Garage

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Expenses

Operating Expense Scheduled:

9000

Operating Expense:

$9,000

Exterior Features

Exterior Description:

VinylSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

ForcedAir,WallHeater

Income

CAP Rate:

4.57

Gross Income:

$25,000

Gross Rent Multiplier:

Gross Scheduled Income:

$30,000

Net Operating Income:

$16,000

Net Scheduled Income:

21000

Listing

Contract Status Change Date:

2024-06-21

Days On Market:

154

Last Transaction Date:

2024-10-27 12:13:19

List Price:

$349,900

Listing Contract Date:

2024-06-21

Listing Id:

24667291

Mls Status:

Active

Modification Timestamp:

2024-10-27 12:13:19

On Market Date:

2024-06-21

Previous List Price:

$379,900

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_143

County Or Parish:

Multnomah

Lot

Features:

Level,OnBusline

Size Acres:

0.13

Size Dimensions:

58.5 x 100

Size Range:

SqFt5000to6999

Size Square Feet:

5,662

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

AnnualPropertyOperationData,Incomplete

Energy Saving

Green Certification

Parking

Features:

Driveway,OffStreet

2 total parking spots

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

Existing

Zoning:

CM2

Roof

Roof:

Composition

Schools

High School:

Leodis McDaniel

Middle Or Junior School:

Harrison Park

Elementary School:

Vestal

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$4,037

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$885

Area:

580

Features:

Range,Refrigerator,Storage,WasherDryerHookup

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$1,250

Area:

580

Features:

Range,Refrigerator,Storage,WasherDryerHookup

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Electricity,Gas

Hot Water Description:

Electricity

Internet Service Type:

Cable

Water Source:

PublicWater

[+] Read More

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$349,900 -

9203 Se Stark St Portland , OR 97216

MLS Area Major: _143

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 11:50PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.