$975,000

Estimated payment $5,952/month

Total Views 136
5 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Landscaped
  • Forced Air Heating System
  • Lap Siding
  • Capitol Hill Elementary School Rated 9+
  • Level Lot
  • 4-minute walk to Willamette Park

About This Home

Built in 2024, Spud Duplex consists of one 2-bed/2-bath unit and one 3-bed/2-bath unit totaling 2,184 SF. Perfect for an owner-occupier or an investor looking to lease a quality asset.Spud Duplex offers modern construction with minimal immediate maintenance needs, making it ideal for upscale rentals or owner occupancy. This turn-key opportunity features spacious townhouses equipped with modern amenities and high-end finishes. Located in the heart of the desirable Johns Landing neighborhood in South Portland, the property provides convenient access to OR 43 (S Macadam Ave) just blocks away, and is minutes from downtown Portland, I-5, and OR 99W (SW Barbur Blvd). With a Walk Score of 79 and a Bike Score of 83, the area is highly walkable and bikeable, offering proximity to parks, trails, schools, local eateries, and a variety of other amenities. Residents will enjoy the convenience of nearby grocery stores, restaurants, cafes, and retailers, with Macadam Market and Macadam Village located less than half a mile away.

Listing Agent

Parvaneh Kalantari

Vitality Home Realty License #200306181 Listed on: 09/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,170

Year Built

  • Built in 2024

Lot Details

  • Landscaped
  • Level Lot

Home Design

  • Lap Siding
  • Cement Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Schools

  • Jackson Middle School
  • Ida B Wells High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number Not Found

Community Details

Overview

  • 2 Units
  • Capital Hill Subdivision

Building Details

  • Operating Expense $11,438
  • Gross Income $61,924
  • Net Operating Income $50,486

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,170

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Year Built: 2024
  • Property Attached Yn: No
  • Open House: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 5
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Level

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: FrontYardLandscaping

Schools

  • High School: Ida B Wells
  • Middle Or Junior School: Jackson

Lot Info

  • Zoning: r-5
  • Parcel #: Not Found

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 8170.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.75
  • Annual Gross Income: 61924.0
  • Property Net Operating Income: 50486.0
  • Annual Operating Expense: 11438.0

Map

Range of Values:

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Average Value
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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
09/02/2025 09/02/25 For Sale $975,000 -- --
Source: Regional Multiple Listing Service (RMLS)

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 443421439

Regional Multiple Listing Service (RMLS)