NOT LISTED FOR SALE

1627 SE Reedway St Portland, OR 97202

Sellwood Neighborhood
1 Bed
1 Bath
5,770 Sq Ft
2020 Built

Last Sold September 22, 2021

Last sale price $2,577,500 $447 Per Sq Ft

Highlights

  • New Construction
  • Views
  • Level Lot
  • Llewellyn Elementary School Rated A-

About This Home

As of September 2021

Fully rented! Stunning modern new construction 12 unit apartment complex from quality local builder with 1bed, 1 bath units. Newly completed with excellent projected rents! Trendy, open concept floor plan showcases modern amenities, tall ceilings, SS appliances, W/D in units, lots of windows, and more! Situated in the desirable Sellwood-Moreland neighborhood! Right near transit, shopping, eateries, parks, schools, and freeway access!

Last Agent to Sell the Property

Darryl Bodle

Keller Williams Realty Portland Premiere License #199910100 Listed on: 06/17/2020

Keller Williams Realty Portland Premiere

Co-Listed By

Kelly Christian

Keller Williams Realty Portland Premiere License #201231606

Last Buyer's Agent

Darryl Bodle

Keller Williams Realty Portland Premiere License #199910100 Listed on: 06/17/2020

Keller Williams Realty Portland Premiere

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2020 | New Construction

Additional Features

  • 2-Story Property
  • Level Lot
  • Property Views

Community Details

  • 12 Units

Listing and Financial Details

  • Rent includes water

Property Details

Home Type

Multi-Family

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 5770
  • Stories: 2
  • Year Built: 2020
  • Property Condition: New Construction
  • Remarks Public: Fully rented! Stunning modern new construction 12 unit apartment complex from quality local builder with 1bed, 1 bath units. Newly completed with excellent projected rents! Trendy, open concept floor plan showcases modern amenities, tall ceilings, SS appliances, W/D in units, lots of windows, and more! Situated in the desirable Sellwood-Moreland neighborhood! Right near transit, shopping, eateries, parks, schools, and freeway access!
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: MIDWAY, BLOCK 1, LOT 6

Exterior Features

  • Lot Size: 5,000 to 6,999 SqFt
  • View: Trees/Woods
  • View: Yes

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Heat Pump

Schools

  • Elementary School: Llewellyn
  • Middle School: Sellwood
  • High School: Cleveland

Lot Info

  • Lot Description: Level
  • Zoning: R2.5

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Amount: 4305.73
  • Assessor Parcel Number: R218428
  • Tax Year: 2019

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 12
  • Gross Rent Multiplier: 14.82

MLS Schools

  • Elementary School: Llewellyn
  • High School: Cleveland
  • Middle School: Sellwood

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
09/22/2021 09/22/21 Sold $2,577,500 -7.9% $447 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $2,800,000 +8.6% $485 / Sq Ft
07/01/2021 07/01/21 Off Market $2,577,500 -- --
06/17/2020 06/17/20 For Sale $2,800,000 -- $485 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Darryl Bodle

    Seller's Agent in 2021

    Darryl Bodle

    Keller Williams Realty Portland Premiere

    (503) 709-4632

    37 in this area

    1,694 Total Sales

    Darryl Bodle
    Section Image
  • Kelly Christian

    Seller Co-Listing Agent in 2021

    Kelly Christian

    Keller Williams Realty Portland Premiere

    (908) 328-1873

    32 in this area

    1,202 Total Sales

    Kelly Christian
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20378958

Regional Multiple Listing Service (RMLS)
Oregon Multnomah County Portland 97202 Sellwood

1627 SE Reedway St, Portland, OR

This home is located at 1627 SE Reedway St, Portland, OR 97202 since 17 June 2020. This property was built in 2020. 1627 SE Reedway St is a home located in Multnomah County with nearby schools including Llewellyn Elementary School, Sellwood Middle School, and Cleveland 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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