$995,000

11018 E Burnside St Unit 11032 Portland, OR 97216

Hazelwood Neighborhood

Estimated payment $5,926/month

Total Views 7,372
2 Beds
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • High Speed Internet
  • Lap Siding
  • Baseboard Heating
  • Level Lot
  • 1-Story Property

About This Home

DND Tenants or walk the property without listing agent. Listing agent part owner. Strong rental history and excellent owner occupied opportunity. Well maintained multifamily 4-plex. Large 2 bed 1 bath, single level units. Two buildings. Potential for additional units on large lot. 8-10 parking spaces off street. 100% occupied. Conveniently located minutes to mass transit, freeways & shopping.

Listing Agent

Peter Jameson

J Residential Properties License #200204424 Listed on: 11/27/2024

Co-Listing Agent

Erin Maher

J Residential Properties License #201205719

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,614

Year Built

  • Built in 1964

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • Composition Roof
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 8 Parking Spaces
  • Assigned Parking

Schools

  • Ventura Park Elementary School
  • Floyd Light Middle School
  • David Douglas High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R320006

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Gateway Subdivision
  • Property managed by SMI

Building Details

  • Operating Expense $21,901
  • Gross Income $70,500
  • Net Operating Income $48,599

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,614

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1964
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Total Bedrooms: 2
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding,T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, LightRail
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable,Satellite
  • Cooling Y N: No
  • Heating: Baseboard, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: SMI
  • Association: No

Schools

  • Elementary School: Ventura Park
  • High School: David Douglas
  • Middle Or Junior School: Floyd Light

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14374.0
  • Parcel #: R320006

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 8613.52

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.11
  • Annual Gross Income: 70500.0
  • Property Net Operating Income: 48599.0
  • Annual Operating Expense: 21901.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,993 $371,890 -- --
2024 $8,614 $361,060 -- --
2023 $8,614 $350,550 $0 $0
2022 $7,810 $340,340 $0 $0
2021 $7,681 $330,430 $0 $0
2020 $6,959 $320,810 $0 $0
2019 $6,737 $311,470 $0 $0
2018 $6,530 $302,400 $0 $0
2017 $6,289 $293,600 $0 $0
2016 $6,123 $285,050 $0 $0
2015 $5,789 $276,750 $0 $0
2014 $5,417 $268,690 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2024 11/27/24 For Sale $995,000 +31.8% --
10/14/2021 10/14/21 Sold $755,000 -5.0% $230 / Sq Ft View Prior Sale
09/07/2021 09/07/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $795,000 0.0% $242 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/09/2021 05/09/21 For Sale $795,000 -- $242 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Ticor Title
Contract Of Sale $470,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $277,000 New Conventional
Previous Owner $262,500 Seller Take Back
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24518506

Regional Multiple Listing Service (RMLS)

APN: R320006

Oregon Multnomah County Portland 97216 Hazelwood

11018 E Burnside St Unit 11032, Portland, OR

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Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Peter Jameson
Listing Agent
Peter Jameson
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J Residential Properties
(971) 447-0590