Impeccable side by side tri-plexes in A+ location! Completely re-built down to studs, these lovely 1BR "Modern Farmhouse" apts feature private Basements w/WDs. All apts rented at $1895 + $65 Utility. All new roof, windows, siding, plumbing, electric, fully irrigated landscape, custom doors, quartz counters, SS appliances, Grohe faucets, tiled bath floors. New sewer line. Legacy asset. Perfect investment!
Last Agent to Sell the Property
Equity Pacific Real Estate LLC License #980500059 Listed on: 06/18/2019
Home Type
Est. Annual Taxes
Year Built
Parking
Interior Spaces
Kitchen
Utilities
Community Details
Listing and Financial Details
$1,975,000
Eleven unit apartment community with history of high occupancy and cash flow. Priced at a 5.75% cap rate on 2024 financials. Many recent property updates and off street parking has helped the property maintain 98% occupancy over the last two years. Owner is a real estate broker in Oregon.
Glenna Cooke GA Cooke Real Estate Services
$1,749,000
4435 SE Belmont presents a rare chance to acquire a 12-unit multifamily asset in the high-demand Sunnyside neighborhood of southeast Portland. Located along the thriving Belmont retail corridor, the property benefits from walkable amenities, excellent transit access, and consistent tenant demand. The unit mix and property condition support stable cash flow with potential for rent growth through
Jordan Fezler Apex Residential
$2,089,900
Nestled in the heart of North Portland’s vibrant North Humboldt neighborhood, nearby popular restaurants, shops + parks - this five-plex offers the warmth of hard surface flooring throughout the main and upper levels, complemented by high ceilings and designer finishes that make every space feel open and inviting. Each unit has not one, but two ensuite bedrooms—one with a walk-in tiled shower and
Darryl Bodle Keller Williams Realty Portland Premiere
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,075,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/17/2019 10/17/19 | Sold | $2,200,000 | -1.1% | $355 / Sq Ft |
| 08/16/2019 08/16/19 | Pending | -- | -- | -- |
| 08/07/2019 08/07/19 | Price Changed | $2,225,000 | -2.2% | $359 / Sq Ft |
| 07/01/2019 07/01/19 | Price Changed | $2,275,000 | -5.2% | $367 / Sq Ft |
| 06/18/2019 06/18/19 | For Sale | $2,400,000 | +123.3% | $388 / Sq Ft |
| 07/13/2018 07/13/18 | Sold | $1,075,000 | -23.2% | $174 / Sq Ft |
| 05/31/2018 05/31/18 | Pending | -- | -- | -- |
| 05/19/2018 05/19/18 | For Sale | $1,400,000 | -- | $226 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2023 | $11,921 | $449,870 | $0 | $0 |
| 2022 | $11,663 | $436,770 | $0 | $0 |
| 2021 | $11,465 | $424,050 | $0 | $0 |
| 2020 | $10,518 | $411,707 | $0 | $0 |
| 2019 | $7,287 | $287,510 | $0 | $0 |
| 2018 | $7,073 | $279,140 | $0 | $0 |
| 2017 | $6,779 | $271,010 | $0 | $0 |
| 2016 | $6,204 | $263,120 | $0 | $0 |
| 2015 | $6,041 | $255,460 | $0 | $0 |
| 2014 | $5,950 | $248,020 | $0 | $0 |
Seller's Agent in 2019
Jason Waxberg
Equity Pacific Real Estate LLC
(208) 989-7607
9 Total Sales
O
Buyer's Agent in 2019
OR and WA Non Rmls
Non Rmls Broker
M
Seller's Agent in 2018
Marc Rogers
Township Properties
(503) 703-0964
1 in this area
12 Total Sales
Seller Co-Listing Agent in 2018
Kathy Rogers
Township Properties
(503) 703-0964
8 Total Sales
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 19226087
APN: R214549
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