NOT LISTED FOR SALE

1918 NE Buffalo St Unit 1920 Portland, OR 97211

Woodlawn Neighborhood

Estimated Value: $478,000 - $580,000

4 Beds
2 Baths
1,682 Sq Ft
$326/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $310,000 $184 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,308/month

8 Days on Market

Highlights

  • Security Gate
  • Baseboard Heating
  • Wood Siding
  • Woodlawn Elementary School Rated 9+

About This Home

As of July 2019

Charming NE Portland fully rented duplex. Close to downtown on a quiet street, these 2 bed 1 bath 816 square foot apartments will make a great long term investment or live in one side and offset your mortgage with the other!

Last Agent to Sell the Property

Benjamin Droukas

Windermere Realty Trust License #200401007 Listed on: 05/03/2019

Windermere Realty Trust

Co-Listed By

Bennet Van der Genugten

Keller Williams PDX Central License #201217502

Last Buyer's Agent

Israel Hill

John L. Scott Portland Central License #200411111

John L. Scott Portland Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,562

Year Built

  • Built in 1972

Lot Details

  • 5,009

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

  • 1,682 Sq Ft Home
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R201606

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $10,254
  • Gross Income $23,880
  • Net Operating Income $13,626

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,562

Year Built

Built in 1972

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1972
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Paved
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: SecurityGate
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Lot Info

  • Zoning: R2
  • Parcel #: R201606

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 3562.12

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.19
  • Annual Gross Income: 23880.0
  • Property Net Operating Income: 13626.0
  • Annual Operating Expense: 10254.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
Jul 3, 2019
Sold by
Hopman Holdings Llc
Bought by
Stankovic Robert
Seller's Agent
Benjamin Droukas
Windermere Realty Trust
Buyer's Agent
Israel Hill
John L. Scott Portland Central
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Current Estimated Value
$548,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,126
Avg. Annual Appreciation
9.60%
Original Mortgage
$294,500
Outstanding Balance
$258,955
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$289,171

Purchase Details

Closed on
Oct 24, 2017
Sold by
Buffalo Street Plexes Llc
Bought by
Hopman Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
3.91%
Mortgage Type
Credit Line Revolving
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Stankovic Robert $310,000 Lawyers Title Of Oregon Llc
Hopman Holdings Llc -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stankovic Robert $294,500
Previous Owner Hopman Holdings Llc $3,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2019 07/09/19 Sold $310,000 -1.6% $184 / Sq Ft
05/11/2019 05/11/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $315,000 -- $187 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

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 $4,685 $175,120 -- --
2023 $4,505 $170,020 $0 $0
2022 $4,408 $165,070 $0 $0
2021 $4,333 $160,270 $0 $0
2020 $3,975 $155,610 $0 $0
2019 $3,829 $151,080 $0 $0
2018 $3,717 $146,680 $0 $0
2017 $3,562 $142,410 $0 $0
2016 $3,260 $138,270 $0 $0
2015 $3,175 $134,250 $0 $0
2014 $3,127 $130,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Droukas

    Seller's Agent in 2019

    Benjamin Droukas

    Windermere Realty Trust

    (503) 522-4645

    107 Total Sales

    Benjamin Droukas
    Section Image

  • B

    Seller Co-Listing Agent in 2019

    Bennet Van der Genugten

    Keller Williams PDX Central

  • Israel Hill

    Buyer's Agent in 2019

    Israel Hill

    John L. Scott Portland Central

    (503) 888-1037

    148 Total Sales

    Israel Hill
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19085597

Regional Multiple Listing Service (RMLS)

APN: R201606

Oregon Multnomah County Portland 97211 Woodlawn

1918 NE Buffalo St Unit 1920, Portland, OR

This home is located at 1918 NE Buffalo St Unit 1920, Portland, OR 97211 since 03 May 2019 and is currently estimated at $548,126, approximately $325 per square foot. This property was built in 1972. 1918 NE Buffalo St Unit 1920 is a home located in Multnomah County with nearby schools including Woodlawn Elementary School, Ockley Green, and Jefferson 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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