Estimated Value: $816,000 - $1,153,000
No sign on property. Four plex just off popular SE Division. Lower units have enclosed outdoor spaces and upper units have balconies. Features include off street parking and coin-op washer/dryer. The location is steps from the action on SE Division and public transportation routes. Currently fully occupied with a good rental history.
Last Agent to Sell the Property
Cascade Hasson Sotheby's International Realty License #930200263 Listed on: 12/14/2018
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Kitchen
Additional Features
Community Details
Listing and Financial Details
$1,095,000
LOCATION could not be sweeter on for this 5-plex just 1 block from Grand Central Bakery and all of the delights of Hawthorne St. Uniquely situation on the corner of Madison and SE 23rd, this 5 unit complex has 5 distinct layouts including 1 2/1 Unit and 4 1/1 Units: the "penthouse" spanning the entire upstairs and includes a den. This home has been beautifully maintained and includes gas stoves
Merilee Lloyd Mal & Seitz
$779,900
Built as a Tri-Plex in 1973, New roof and New exterior paint. Located in Rose City Park, a block from the MAX and on a bus line, this convenient location has ready access to Mt Tabor, parks, dining, shopping and the airport. Includes 4 off street parking spots with possibility to expand to 8 spots with tandem parking. Lots to love about this Fully Rented Tri-Plex!
Israel Hill John L. Scott Portland Central
$859,900
Fantastic Investment Opportunity conveniently located near the Division/Hawthorne area. Nicely updated kitchen and baths and LVT flooring throughout. The previous owner did electrical and plumbing updates. On-site coin operated laundry for addition revenue to new owner. Close to local shopping. All units leased until April of 2025. Drive by is ok, but do not go on property or disturb
Bradley Mulliner MORE Realty
$973,888
A+ location in this turn of the century Hawthorne triplex. Walkers paradise (97 score) and bikers dream (100 score). Excellent investment opportunity w/ tons of upside & solid rental history. Recently updated w/ spacious units, modern updates & low maintenance systems. Turn key investment or perfect owner-occupied property. This gem makes a great investment or owner-occ property just steps to the
Paul Trakarn LUXE Forbes Global Properties
$1,100,000
Rare opportunity to own two homes on one lot in one of the best locations in SE Portland! This 1929 English style home sits on a corner lot just a block off Division St on a beautifully tree lined street! With 5 bedrooms and 2 full baths, there's plenty of room for all! Original details throughout include hardwood floors, fireplace, built-ins, picture rails and coved ceilings. Full unfinished
Jarrett Altman Neighborhood Works
$839,900
Rare South Tabor 4-Plex! Don’t let the address fool you—this well-maintained, townhouse-style 4-plex is a hidden gem in the heart of South Tabor. Tucked away on a quiet flag lot, this property offers convenience with the peace and privacy of a secluded setting. Set back from the street with paved off-street parking, tenants enjoy easy access to public transportation, shopping, restaurants, and
Nikki del Giudice Farrell Realty & Property Management, Inc
$850,000
Big old classic craftsman home with separate living quarters used as successful rental. Upper main portion of the home is spacious with the large covered porch, living room, dining room and kitchen. Total of 5 bedrooms! Basement was tastefully converted to a 2 bedroom unit with full kitchen and separate entrance. Both portions of the home have excellent rental history. Zoned for CM2 this home is
Stephen FitzMaurice eXp Realty, LLC
$1,195,000
What are you waiting for? Come see this solid investment in a desirable location. Mid-century 4 Plex with variety of units for rich returns. Lots of opportunity to increase return on investment with this buy. Estimated NEW 6.33 Cap Rate could be easy to reach based on market rents on newly updated units. Updates done in 2025 include (in some or all vacant units) interior paint, kitchen and
Teri Toombs Wood Land Realty
$799,900
Investment property with a multitude of potential uses. Currently being operated as a rental for students of Reed College, this unique multi-level home sits on a coveted corner lot adjacent to Reed, offering stunning views of its iconic campus and the serene, forested canyon nature preserve. In 2022/23 extensive upgrades and remodeling were performed on the main and lower levels providing an
Jeffrey Capen Windermere Realty Trust
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Richards Daniel W | $882,000 | First American Title | |
| Page Timothy C | -- | First American | |
| Page Timothy C | $350,000 | First American | |
| Brown Frank Terry | $257,500 | Transnation Title Insurance | |
| Phillips Norman L | $197,000 | Transnation Title Insurance |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Richards Daniel W | $407,000 | |
| Closed | Richards Daniel W | $401,900 | |
| Closed | Richards Daniel W | $425,000 | |
| Previous Owner | Page Timothy C | $287,500 | |
| Previous Owner | Page Timothy C | $287,000 | |
| Previous Owner | Hernandez Hector H | $40,000 | |
| Previous Owner | Page Timothy C | $280,000 | |
| Previous Owner | Brown Frank Terry | $231,750 | |
| Previous Owner | Phillips Norman L | $157,600 | |
| Closed | Phillips Norman L | $9,850 | |
| Closed | Brown Frank Terry | $25,750 | |
| Closed | Page Timothy C | $34,950 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2019 03/29/19 | Sold | $882,000 | -7.2% | $292 / Sq Ft |
| 03/06/2019 03/06/19 | Pending | -- | -- | -- |
| 12/14/2018 12/14/18 | For Sale | $950,000 | -- | $315 / 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 | $8,939 | $337,330 | $0 | $0 |
| 2022 | $8,745 | $327,510 | $0 | $0 |
| 2021 | $8,597 | $317,980 | $0 | $0 |
| 2020 | $7,887 | $308,720 | $0 | $0 |
| 2019 | $7,597 | $299,730 | $0 | $0 |
| 2018 | $7,373 | $291,000 | $0 | $0 |
| 2017 | $7,067 | $282,530 | $0 | $0 |
| 2016 | $6,468 | $274,310 | $0 | $0 |
| 2015 | $6,298 | $266,330 | $0 | $0 |
| 2014 | $6,203 | $258,580 | $0 | $0 |
D
Seller's Agent in 2019
Donald Falk
Cascade Hasson Sotheby's International Realty
(503) 314-8307
22 Total Sales
Buyer's Agent in 2019
Steve Roesch
NextHome Realty Connection
(503) 318-6351
132 Total Sales
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 18082889
APN: R310164
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