NOT LISTED FOR SALE
6 Beds
3 Baths
19,336 Sq Ft
1983 Built

Last Sold February 13, 2015

Last sale price $1,520,000 $79 Per Sq Ft

4 Days on Market

About This Home

As of February 2015

Great investment opportunity in SE Portland, 22-unit apartment. Low vacancy, 2 bed room and 1 bath, 4 buildings, 45 parking spaces, fully rented, on bus line. Separate coin-op laundry with $300-$400 per month income. Sellers spent over $50K in 2013 for upgrades such as: electrical, windows, kitchen counter top, plumbing & new paint. Convenient to shopping and public transportation.

Last Agent to Sell the Property

Li Lanz

Li Lanz Properties, LLC License #200308290 Listed on: 12/08/2014

Last Buyer's Agent

John Ianos

Ianos Realty License #980300268

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • Private Lot
  • Level Lot

Parking

  • Paved Parking
  • Assigned Parking

Home Design

  • Metal Siding

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Property is near a bus stop
  • Electric Water Heater

Community Details

  • 22 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Parking

45

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 19336
  • Year Built: 1983
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: SECTION 02 1S 2E, TL 3500 1.37 ACRES

Exterior Features

  • Exterior Description: Metal Siding
  • Lot Size: 1 to 2.99 Acres
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 45
  • Parking Description: Assigned, Paved

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator

Schools

  • Elementary School: Mill Park
  • High School: David Douglas

Lot Info

  • Lot Description: On Busline, Level, Private
  • Zoning: R3A

Tax Info

  • Tax Amount: 22417.09
  • Assessor Parcel Number: R331884

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 22
  • Gross Rent Multiplier: 8.60

MLS Schools

  • Elementary School: Mill Park
  • High School: David Douglas

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 Change Sq Ft Price
02/13/2015 02/13/15 Sold $1,520,000 -0.7% $79 / Sq Ft
12/12/2014 12/12/14 Pending -- -- --
12/08/2014 12/08/14 For Sale $1,530,000 -- $79 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14165868

Regional Multiple Listing Service (RMLS)

APN: R331884