MLS# 24694576 – 9832 N Clarendon Ave, Portland, OR 97203 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of eXp Realty, LLC.

Property Description

Description

4 Units

Status: Active

Year Built: 1957

Neighborhood: Portsmouth

Days on Website: 56

Located in St. Johns This charming duplex with two additional ADUs offers an incredible opportunity for both homeowners and investors! Each side of the duplex features 1 bedrooms and 1 bathroom, providing spacious living areas perfect for families or professionals. Both units are designed for comfort and functionality, with open-concept living spaces and plenty of natural light.In addition to the duplex, the property includes two separate ADUs (Accessory Dwelling Units), each with 1 bedroom and 1 bathroom. These ADUs were fully remodeled in 2019, boasting modern finishes, updated kitchens, and stylish bathrooms. The ADUs provide flexibility for multi-generational living, home offices, or additional rental income.Live in one of the units and enjoy the benefits of renting out the other spaces! The combination of the duplex and ADUs offers significant income potential, making this property an ideal choice for those looking to offset their mortgage or build a rental portfolio. With its desirable layout and prime investment potential, this property is a rare find!

Property Details and Features

Unit One

Units Total:

Area:

716

Features:

Refrigerator,Unfurnished,WasherDryer,WasherDryerHookup

1 total bathroom

1 total bedroom

Property Access

Road Surface Type:

Paved

Basement

Basement:

Finished

Building

Building Area Total:

2864

Built in 1957

Storage:

None

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4

Cooling

Cooling:

None

Expenses

Operating Expense Scheduled:

57400

Operating Expense:

$35,154

Exterior Features

Exterior Description:

LapSiding,WoodSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

WallHeater,Zoned

Income

CAP Rate:

5.13

Gross Income:

$38,696

Gross Rent Multiplier:

17.7

Gross Scheduled Income:

$62,400

Net Operating Income:

$35,154

Net Scheduled Income:

57400

Listing

Contract Status Change Date:

2024-09-24

Days On Market:

Last Transaction Date:

2024-11-19 08:33:13

List Price:

$685,000

Listing Contract Date:

2024-09-24

Listing Id:

24694576

Mls Status:

Active

Modification Timestamp:

2024-11-21 01:07:54

On Market Date:

2024-09-24

Rent Includes:

Sewer

Standard Status:

Active

Location

MLS Area Major:

_141

Subdivision Name:

PORTSMOUTH

County Or Parish:

Multnomah

Lot

Features:

Level,Trees

Size Acres:

0.11

Size Range:

SqFt3000to4999

Size Square Feet:

4,791

Size:

3,000 to 4,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,ProfitLossStatement

Parking

Features:

OnStreet

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Property View

Zoning:

high de

Roof

Roof:

Composition

Schools

High School:

Roosevelt

Middle Or Junior School:

Cesar Chavez

Elementary School:

Cesar Chavez

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$5,422

Legal Description

Tax Year:

2024

Unit Two

Actual Rent:

$1,300

Area:

716

Features:

Refrigerator,Unfurnished,WasherDryer,WasherDryerHookup

Units Total:

1 total bathroom

1 total bedroom

Unit Three

Actual Rent:

$995

Area:

504

Units Total:

1 total bathroom

1 total bedroom

Unit Four

Actual Rent:

$1,195

Area:

504

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Electricity

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

$685,000 -

9832 N Clarendon Ave Portland , OR 97203

MLS Area Major: _141

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.