$2,132,500
NEW CONSTRUCTION

Estimated payment $12,986/month

Total Views 29,390
15 Beds
15 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • New Construction
  • 95% Forced Air Zoned Heating and Cooling System
  • Wood Siding
  • 2 Car Attached Garage
  • Controlled Entrance

About This Home

Brand new townhome rental opportunity in Troutdale, OR. Located inside of the Lancaster Park housing development by Arbor Homes, the building is comprised of 3-bedroom, 2.5 bath units with attached garages. The units are designed with the resident in-mind featuring spacious floorplans, contemporary design, and modern finishes. Each unit is on a separate tax lot allowing the buyer to sell units individually in the future or maintain as rentals. The fee simple townhomes are available to be purchased on a unit-by-unit basis or together and are priced accordingly with purchase flexibility for 1 - 5 units. "Actual" income and expenses are Projected

Listing Agent

Nicholas Diamond

Real Estate Investment Group License #200403266 Listed on: 06/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,500

Year Built

  • Built in 2023 | New Construction

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Bathrooms

Parking

  • 2 Car Attached Garage
  • Controlled Entrance

Schools

  • Troutdale Elementary School
  • Walt Morey Middle School
  • Reynolds High School

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number R704905

Community Details

Overview

  • 5 Units
  • Lancaster Park Subdivision

Building Details

  • Operating Expense $51,317
  • Gross Income $157,950
  • Net Operating Income $106,633

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,500

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2023
  • Property Condition: NewConstruction
  • Property Attached Yn: No
  • Open House: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Garage
  • Total Bedrooms: 15
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas,Tankless
  • Security: Entry
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: CentralAir

Schools

  • Elementary School: Troutdale
  • High School: Reynolds
  • Middle Or Junior School: Walt Morey

Lot Info

  • Zoning: MDR
  • Parcel #: R704905

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 19500.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 13.5
  • Annual Gross Income: 157950.0
  • Property Net Operating Income: 106633.0
  • Annual Operating Expense: 51317.0

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2024 $4,666 $259,690 -- --
2023 $4,543 $252,120 $0 $0
2022 $1,296 $72,780 $0 $0
2021 $1,267 $70,661 $0 $0
2020 $72 $4,180 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 For Sale $2,132,500 0.0% --
01/01/2025 01/01/25 Off Market $2,132,500 -- --
06/07/2023 06/07/23 For Sale $2,132,500 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23091847

Regional Multiple Listing Service (RMLS)

APN: R704901