NOT LISTED FOR SALE

14034 SE Division St Portland, OR 97236

Powellhurst-Gilbert Neighborhood
18 Beds
14 Baths
9,336 Sq Ft
8,712 Sq Ft Lot

Last Sold December 01, 2021

Last sale price $1,650,000 $177 Per Sq Ft

About This Home

As of December 2021

Newer 10-unit multifamily property in good condition with 4 3Bed/2Bath & 6 2Bed/2 Bath spacious units. On site parking and washer/dryer in each unit. Solid tenant base with great rental history and significant possible upside with all rents due for increases. Owner has maintained property exceptionally well. Terrific opportunity to acquire a turn key operation with good cap rate!

Last Agent to Sell the Property

Gabe Terreson

Savi Realty, Inc. License #201211903 Listed on: 09/11/2021

Last Buyer's Agent

Gabe Terreson

Savi Realty, Inc. License #201211903 Listed on: 09/11/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1998

Lot Details

  • 8,712

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Disposal

Parking

  • Paved Parking
  • Open Parking

Additional Features

  • Corner Lot
  • Electric Water Heater

Community Details

  • 10 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 9336
  • Stories: 2
  • Year Built: 1998
  • Property Condition: Existing
  • Remarks Public: Newer 10-unit multifamily property in good condition with 4 3Bed/2Bath & 6 2Bed/2 Bath spacious units. On site parking and washer/dryer in each unit. Solid tenant base with great rental history and significant possible upside with all rents due for increases. Owner has maintained property exceptionally well. Terrific opportunity to acquire a turn key operation with good cap rate!
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SECTION 11 1S 2E, TL 9200 0.20 ACRES
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 7K-9,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range, Refrigerator

Schools

  • Elementary School: Lincoln Park
  • Middle School: Ron Russell
  • High School: David Douglas

Lot Info

  • Lot Description: Corner Lot
  • Zoning: RM-2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 16506.05
  • Assessor Parcel Number: R334175
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6, 7
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 12.76

MLS Schools

  • Elementary School: Lincoln Park
  • High School: David Douglas
  • Middle School: Ron Russell

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $1,650,000 -9.6% $177 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/20/2021 10/20/21 Price Changed $1,825,000 -2.7% $195 / Sq Ft
09/11/2021 09/11/21 For Sale $1,875,000 -- $201 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gabe Terreson

    Seller's Agent in 2021

    Gabe Terreson

    Savi Realty, Inc.

    (360) 993-5800

    1 in this area

    131 Total Sales

    Gabe Terreson
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21401352

Regional Multiple Listing Service (RMLS)

APN: 1S2E11AA 09200

Oregon Multnomah County Portland 97233 Powellhurst-Gilbert

14034 SE Division St, Portland, OR

This home is located at 14034 SE Division St, Portland, OR 97236 since 11 September 2021. This property was built in 1998. 14034 SE Division St is a home located in Multnomah County with nearby schools including Lincoln Park Elementary School, Ron Russell Middle School, and David Douglas High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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