Cashflow machine! New roof in 2016, some newer windows in the last few years. 2 vacant units that are being turned over as we speak. One rent ready and the other rent ready in under 3 weeks. Occupied unit pays extra for the garage. Portland address with Gresham jurisdiction means you don't have to deal with crazy Portland regulations! Subject to interior inspection of units 11125 & 1133.
Remarks Public: Cashflow machine! New roof in 2016, some newer windows in the last few years. 2 vacant units that are being turned over as we speak. One rent ready and the other rent ready in under 3 weeks. Occupied unit pays extra for the garage. Portland address with Gresham jurisdiction means you don't have to deal with crazy Portland regulations! Subject to interior inspection of units 11125 & 1133.
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Legal Description: GLENDOVEER AC, BLOCK A, W 148' OF E 163' OF S 1/2 OF LOT 12, W 14
Basement: Crawl Space
Exterior Features
Exterior Description: T-111 Siding, Wood Siding
Lot Size: 10,000 to 14,999 SqFt
Roof Type: Composition
Garage/Parking
Parking Description: Attached, Open
Utilities
Fuel Description: Electricity
Hot Water: Gas, Tank
Sewer: Public Sewer
Water Description: Public
Heating Description: Baseboard
Condo/Co-op/Association
Management Name: Fox Property Management
Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
Lot Info
Lot Description: Secluded, Trees
Zoning: LDR-7
Rental Info
Rent Includes: Trash Collection, Sewer, Water
Tax Info
Tax Amount: 3818.33
Assessor Parcel Number: R169722
Tax Year: 2018
Multi Family
Unit Type: 1, 2, 3
Number Of Units Total: 3
Gross Rent Multiplier: 9.61
Ownership History
DateNameOwned ForOwner Type
Feb 2021 - PresentSari Paul and Sari Stephanie4 Years and 4 Months
Private Individual
Purchase Details
Closed on
Feb 26, 2021
Sold by
Espy Properties Llc
Bought by
Sari Paul and Sari Stephanie
Total Days on Market
3
Current Estimated Value
$674,678
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Outstanding Balance
$321,827
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$328,972
Nov 2020 - Feb 2021Espy Properties Llc3 Months
Company
Purchase Details
Closed on
Nov 3, 2020
Sold by
Sari Paul and Sari Stephanie
Bought by
Espy Properties Llc
Nov 2019 - Nov 2020Sari Paul and Sari Stephanie1 Year
Private Individual
Purchase Details
Listed on
Oct 11, 2019
Closed on
Nov 15, 2019
Sold by
Madore Carl L and Madore Kathy J
Bought by
Sari Paul and Sari Stephanie
Seller's Agent
Ben Ficker
Keller Williams Sunset Corridor
Buyer's Agent
Melissa Shaw(Lewis)
Lewis Realtors
List Price
$500,000
Sold Price
$495,000
Premium/Discount to List
-$5,000
-1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$346,500
Interest Rate
3.65%
Mortgage Type
New Conventional
Feb 2016 - Nov 2019Madore Carl L and Madore Kathy J3 Years and 9 Months
Private Individual
Purchase Details
Listed on
Dec 10, 2015
Closed on
Feb 29, 2016
Sold by
Gribionkin Andy
Bought by
Madore Carl L and Madore Kathy J
Seller's Agent
Chris Kelly
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Herb Hamilton
RE/MAX Preferred Inc., REALTORS
List Price
$339,800
Sold Price
$385,000
Premium/Discount to List
$45,200
13.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$269,500
Interest Rate
3.92%
Mortgage Type
New Conventional
Jan 2016 - Feb 2016Gribionkin Andy and Gribionkin Susan1 Month
Private Individual
Purchase Details
Listed on
Dec 10, 2015
Closed on
Jan 13, 2016
Sold by
Jaas Llc
Bought by
Gribionkin Andy and Gribionkin Susan
Seller's Agent
Chris Kelly
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Herb Hamilton
RE/MAX Preferred Inc., REALTORS
List Price
$339,800
Sold Price
$385,000
Premium/Discount to List
$45,200
13.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
3.92%
Mortgage Type
New Conventional
Jul 2012 - Jan 2016Jaas Llc3 Years and 6 Months
Company
Purchase Details
Closed on
Jul 19, 2012
Sold by
Gribionkin Andy
Bought by
Jaas Llc
Dec 2009 - Jul 2012Vistica Daniel and Vistica Camellia2 Years and 7 Months
Private Individual
Purchase Details
Closed on
Dec 8, 2009
Sold by
Finke Alexander
Bought by
Vistica Daniel and Vistica Camellia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
4.91%
Mortgage Type
New Conventional
Dec 2009 - Dec 2009Gribionkin AndyLess than a month
Private Individual
Purchase Details
Closed on
Dec 2, 2009
Sold by
Vistica Daniel
Bought by
Gribionkin Andy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
EXCELLENT CASH FLOW or INCREDIBLE OPPORTUNITY TO LIVE IN A 4 BED 2 BATH HOME AND OWN TWO OTHER HOMES FOR INCOME!!! This amazing .34 acre property has three homes and possibly room for one more. All three roofs are new and all three have recent interior updates. The main house is vacant and ready to occupy, but can be easily rented for maximum cash flow. Very convenient location close to I-205
Great investment opportunity. Each unit is 2bd/1 ba. All kitchens & bathrooms have been recently remodeled. Additional updates include, new flooring, windows, paint, hot water heaters and electrical panels. Owner has updated the decks and landscaping in the private and common areas. Large off-street parking for 8 vehicles. Close to transportation and plenty of amenities. All units are occupied.
This newer St John's duplex was built in 2004. Each unit has 2 baths, 4 bedrooms up and a large 16'x23' master suite on the main floor. Great opportunity for owner occupied, multiple roommates or investment. Centrally located: 10min from University of Portland and Heron Lakes golf, 15min to trendy NW 23rd and 5 min to dog park or Forest Park trail head. New roof in 2024. New Radon system in
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Average Value
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List Price
Sold Price
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Tax AssessmentTax Assessment
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This home is located at 1125 NE 162nd Ave Unit 1133, Portland, OR 97230 since 11 October 2019 and is currently estimated at $674,678, approximately $238 per square foot. This property was built in 1971. 1125 NE 162nd Ave Unit 1133 is a home located in Multnomah County with nearby schools including Glenfair Elementary School, Hauton B Lee Middle School, and Reynolds High School.
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