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

Sale Details

Date 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 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 Agent to Sell the Property

Debra Clark

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

Last Buyer's Agent

Darren Stowell

Element Realty LLC License #201222830

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 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

4,356 Sq Ft Lot

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
  • Current Price For Status: 1356650.0
  • 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 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
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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
09/27/2022 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

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
2025 $6,752 $250,600 -- --
2024 $6,510 $243,310 -- --
2023 $6,260 $236,230 $0 $0
2022 $6,124 $229,350 $0 $0
2021 $6,020 $222,670 $0 $0
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

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