NOT LISTED FOR SALE
-- Bed
5 Baths
5,488 Sq Ft
4,356 Sq Ft Lot

Last Sold September 27, 2022

Last sale price $1,356,650 $247 Per Sq Ft

26 Days on Market

Highlights

  • Window Unit Cooling System
  • Property is near a bus stop
  • Laundry Facilities
  • Cleveland High School Rated A-
  • Forced Air Heating System
  • Controlled Entrance

About This Home

As of September 2022

Own a piece of Portland history. This gorgeous 5 plex has been renovated with modern updates yet retains all it's historic charm. Fantastic location, easily rented and nearly 100% occupancy. Too many upgrades to list. Includes a full basement with coin op washer and dryer and storage that adds income. Most units have AC, gas rangesand hardwood floors.

Last Listed By

Debra Clark

Realty Works License #870900048 Listed on: 05/07/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,020

Year Built

  • Built in 1897 | Remodeled

Lot Details

  • 4,356

Parking

  • Controlled Entrance

Home Design

  • Composition Roof
  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,488 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Buckman Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Level Lot
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R148616

Community Details

Building Details

  • Operating Expense $13,509
  • Gross Income $90,060
  • Net Operating Income $76,551

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,020

Year Built

Built in 1897 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1897
  • Property Condition: UpdatedRemodeled
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement
  • Storage: Basement,IndividualStorageUnits
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Stucco
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, OnBusline
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Security: Entry
  • Cooling: WindowUnit
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Buckman
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: CS
  • Parcel #: R148616

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 6020.41

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 15.87
  • Annual Gross Income: 90060.0
  • Property Net Operating Income: 76551.0
  • Annual Operating Expense: 13509.0

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
09/27/2022 09/27/22 Sold $1,356,650 -5.1% $247 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $1,429,000 -- $260 / 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: 22615912

Regional Multiple Listing Service (RMLS)

APN: 1N1E35DD 01200