Estimated Value: $904,000 - $1,154,000
This clean updated brick front 4 plex feels privately tucked away up in the trees, and yet it's located on a highly visible corner lot just across the street from Barbur Fred Meyer. Consistently 100% occupied and excellent long term rental history. The seller just posts a sign out front and these sought after apartments get snapped up. Unit 1303 has a separate/second patio entrance and is available to view up until May 31st before the new tenant signs a one year lease and moves in. The other three units are long term month to month tenants. Two of the units have dens which could act as a third nonconforming bedroom. Incredibly low maintenance landscaping with sprinkler system, attached carport parking for each unit, plus 5 additional spaces for guests, individual storage for each unit, all tile kitchens with ceiling fans, some units have hardwood floors, all newer double vinyl windows minus two aluminum, gas furnaces, and all new electrical panels installed late 2019. Treed private park like common area for tenants to enjoy, and on-site washer and dryer that contributes to the owner's profits. Easy commute to stores, parks, bus lines, I-5, OHSU, Lewis & Clark, and National College of Natural Medicine (NCNM). Seller was told additional units could be built - buyer to do their own due diligence on this possibility for room to grow.
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Parking
Schools
Utilities
Listing and Financial Details
Overview
Amenities
Building Details
$1,200,000
Fabulous 4 plex in Raleigh Hills! Minutes from New Season, Beaverton Hillsdale Hwy and Oleson Rd. This 4 plex sits at the end of a culdesac in a secluded park like setting. Secured Gate access. Shared garage spaces with storage. Updates include new roof, all 4 units updated in bathrooms, kitchen and living rooms. This is a property you will be proud to own.
Patti Gage Berkshire Hathaway HomeServices NW Real Estate
$1,095,000
LOCATION could not be sweeter on for this 5-plex just 1 block from Grand Central Bakery and all of the delights of Hawthorne St. Uniquely situation on the corner of Madison and SE 23rd, this 5 unit complex has 5 distinct layouts including 1 2/1 Unit and 4 1/1 Units: the "penthouse" spanning the entire upstairs and includes a den. This home has been beautifully maintained and includes gas stoves
Merilee Lloyd Mal & Seitz
$779,900
Built as a Tri-Plex in 1973, New roof and New exterior paint. Located in Rose City Park, a block from the MAX and on a bus line, this convenient location has ready access to Mt Tabor, parks, dining, shopping and the airport. Includes 4 off street parking spots with possibility to expand to 8 spots with tandem parking. Lots to love about this Fully Rented Tri-Plex!
Israel Hill John L. Scott Portland Central
$925,000
Exceptional Investment Opportunity: Well-maintained, fully occupied 4-plex with a solid cap rate. Each single-level, 2-bedroom, 1-bath unit includes a fireplace, updated electrical, and washer/dryer hookups. Property also features assigned garages and additional on-site parking. New roof installed in 2021. Ideally located near Hillsdale shops, dining, public transit, and across from Mittleman
Sanam Dowlatdad Where Real Estate Collaborative
$1,065,000
Don't miss this amazing Multnomah Village investment opportunity! 4plex located right in the heart of Multnomah Village. Next door to Grand Central Bakery and mere steps to all the other shops and restaurants etc! 4 units in total, all the same size and layout with 2 bedroom and 1 bath. Brand new exterior paint throughout. With 3 units currently rented, perfect house hacking opportunity and live
Jeff Moe Premiere Property Group, LLC
$1,050,000
Triplex is located in the wonderful John's Landing neighborhood, close to the city, shopping, restaurants, trails, dog park and the Willamette river. Each unit has a fenced yard and there are community planter boxes in the sidewalk easement. Units 2 & 3 (B & C) have a dedicated parking space along with the street parking. This is a great investment opportunity!
Jeanne Able Windermere Realty Trust
$997,000
SELLER TO BUYDOWN INTEREST RATE or pay to relocate tenants. SELLER CARRIED FINANCING ALSO AVAILABLE! Discover an exceptional investment opportunity in the heart of Multnomah Village featuring three beautifully remodeled units. Each thoughtfully designed unit offers two bedrooms and one bathroom, perfect for creating a steady rental income stream. This property has undergone a complete
Lindsay Fiarito MORE Realty
$879,000
Prime Location in the Heart of Portland’s SW Hills — This stunning home offers top-tier schools and exceptional flexibility, perfect for multigenerational living, a home office, Airbnb potential, or an in-law/nanny suite. Situated on a low-maintenance lot surrounded by trees and territorial views. The main part of the house features six bedrooms, four full bathrooms, a bonus room, a family room
Zachary Eaton Keller Williams Realty Professionals
$935,000
Well maintained four unit complex, with additional 5,000 sq ft lot, in the very popular Southeast Portland neighborhood of Brooklyn. Nestled amongst some of the most popular coffee shops, restaurants and down the street from Aladdin's Theater- one of Portland's most popular venues for live entertainment. Easy access to highways, perfect for a commuter and also accessible to public transit.
Rebecca Wilson eXp Realty, LLC
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Syed Alimoosa | $900,000 | Fidelity National Title | |
| Rockside Properties Llc | -- | None Available | |
| Bartz David F | $589,000 | Transnation Title Ins Co | |
| Bortolussi Ezio | $640,000 | Transnation Title Agency Or | |
| Grosso Leonard A | $441,000 | First American | |
| Morgan Clifford J | $342,660 | Transnation Title Insurance | |
| Urzaa Juan | $290,000 | Ticor Title |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Syed Alimoosa | $630,000 | |
| Previous Owner | Bartz David F | $441,750 | |
| Previous Owner | Bortolussi Ezio | $480,000 | |
| Previous Owner | Bortolussi Ezio | $32,000 | |
| Previous Owner | Grosso Leonard A | $308,700 | |
| Previous Owner | Morgan Clifford J | $274,100 | |
| Previous Owner | Urzaa Juan | $232,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/11/2024 10/11/24 | Sold | $900,000 | -5.3% | $208 / Sq Ft |
| 09/10/2024 09/10/24 | Pending | -- | -- | -- |
| 09/10/2024 09/10/24 | For Sale | $950,000 | 0.0% | $220 / Sq Ft |
| 07/29/2024 07/29/24 | Pending | -- | -- | -- |
| 06/25/2024 06/25/24 | Price Changed | $950,000 | -5.0% | $220 / Sq Ft |
| 05/23/2024 05/23/24 | For Sale | $1,000,000 | -- | $231 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2023 | $13,412 | $519,330 | $0 | $0 |
| 2022 | $13,096 | $504,210 | $0 | $0 |
| 2021 | $13,223 | $489,530 | $0 | $0 |
| 2020 | $12,130 | $475,280 | $0 | $0 |
| 2019 | $11,684 | $461,440 | $0 | $0 |
| 2018 | $11,340 | $448,000 | $0 | $0 |
| 2017 | $10,869 | $434,960 | $0 | $0 |
| 2016 | $9,946 | $422,300 | $0 | $0 |
| 2015 | $9,685 | $410,000 | $0 | $0 |
| 2014 | $9,539 | $398,060 | $0 | $0 |
Seller's Agent in 2024
Loree Kaiser
Better Homes & Gardens Realty
(503) 860-2528
1 in this area
46 Total Sales
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24442039
APN: R111766
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