NOT LISTED FOR SALE

1520 SW Montgomery St Portland, OR 97201

Southwest Hills Neighborhood
6 Beds
5 Baths
5,272 Sq Ft
7,405 Sq Ft Lot

Last Sold April 12, 2022

Last sale price $1,360,000 $258 Per Sq Ft

Highlights

  • Fireplace
  • Storage Room
  • Lap Siding
  • Ainsworth Elementary School Rated A-
  • Level Lot

About This Home

As of April 2022

Gorgeous 5 unit building in "Gander Ridge." Great rental income with room to increase on the longer term tenants. Low expenses, tenants pay based on occupancy. Updated electrical panels (2014) and new roof in Jan 2022. Ground floor units have refinished original fir floors. Current zoning should allow for additional units, buyer to verify. Make Offers subject to interior inspection.

Last Agent to Sell the Property

Benjamin Ficker

Keller Williams Sunset Corridor License #200412166 Listed on: 02/01/2022

Keller Williams Sunset Corridor

Last Buyer's Agent

Alexander Phan

Keller Williams Realty Professionals License #200701028

Keller Williams Realty Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,405

Home Design

  • Lap Siding

Interior Spaces

  • 3-Story Property
  • Fireplace
  • Storage Room
  • Range

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Additional Features

  • Level Lot
  • Gas Water Heater

Community Details

  • 5 Units

Listing and Financial Details

  • Rent includes gas, trash collection, ground maintenance

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 5272
  • Stories: 3
  • Year Built: 1900
  • Property Condition: Approximately
  • Remarks Public: Gorgeous 5 unit building in "Gander Ridge." Great rental income with room to increase on the longer term tenants. Low expenses, tenants pay based on occupancy. Updated electrical panels (2014) and new roof in Jan 2022. Ground floor units have refinished original fir floors. Current zoning should allow for additional units, buyer to verify. Make Offers subject to interior inspection.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PORTLAND, SUB OF NW 1/4 Z, BLOCK NW1/4Z, W 1/2 OF LOT 1&2, E 1/2
  • Basement: Full Basement
  • Storage: Basement

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 7K-9,999SF
  • Roof Type: Composition

Garage/Parking

  • Parking Description: None

Utilities

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

Condo/Co-op/Association

  • Unit Features: Fireplace, Range, Refrigerator, Storage

Schools

  • Elementary School: Ainsworth
  • Middle School: West Sylvan
  • High School: Lincoln

Lot Info

  • Lot Description: Level
  • Zoning: R-1

Rental Info

  • Rent Includes: Gas, Trash Collection, Maintenance Grounds

Tax Info

  • Tax Amount: 12071.00
  • Assessor Parcel Number: R246965
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2, 3, 4, 5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 14.79

MLS Schools

  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle School: West Sylvan

Range of Values:

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Average Value
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List Price
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
04/12/2022 04/12/22 Sold $1,360,000 -2.2% $258 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $1,390,000 -- $264 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Benjamin Ficker

    Seller's Agent in 2022

    Benjamin Ficker

    Keller Williams Sunset Corridor

    (971) 235-9561

    1 in this area

    54 Total Sales

    Benjamin Ficker
    Section Image
  • Alexander Phan

    Buyer's Agent in 2022

    Alexander Phan

    Keller Williams Realty Professionals

    (503) 860-8128

    1 in this area

    139 Total Sales

    Alexander Phan
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22527046

Regional Multiple Listing Service (RMLS)

APN: 1S1E04AC 05000

Oregon Multnomah County Portland 97201 Southwest Hills

1520 SW Montgomery St, Portland, OR

This home is located at 1520 SW Montgomery St, Portland, OR 97201 since 01 February 2022. This property was built in 1900. 1520 SW Montgomery St is a home located in Multnomah County with nearby schools including Ainsworth Elementary School, West Sylvan Middle School, and Lincoln 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.

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