$785,000
SOLD MAR 22, 2025
-- Bed
-- Bath
2,448 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$321 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Forced Air Heating System
  • Private Lot
  • Landscaped with Trees
  • Garage

About This Home

As of March 2025

Fabulous Multnomah Village duplex just a block to the heart of the Village! Turn-key and ready to go! The main house features two bedrooms and an open concept floor plan. The kitchen features slab cabinetry, quartz counters and schoolhouse lighting. The bathroom is updated, the bedrooms feature fir flooring and the common areas boast oak hardwoods. Designer colors and an adjacent, picture perfect sunroom/office! The upper unit has a great open layout with second story balcony and a vaulted bedroom with new carpet. In addition to the two units that make up the main house, this property features an outbuilding with its own bathroom, separate bedroom and common area. Additional features include an attached garage, dual pane windows, expansive decking and established grounds. Vintage charm coupled with gorgeous updates and within the past year a new furnace, water heater, dryer and new shower tile make this an investment opportunity where you get to set the new rents for all units, consider multigenerational living! Considering having a place of your own and a profit center too ! An amazing location close to heart of Multnomah Please do not disturb Tenants and all offers to be made contingent on an acceptance by Seller with Buyer walk through and approval.

Last Agent to Sell the Property

Michael Canton

Metana Realty Services Brokerage Phone: 360-608-7808 License #16978 Listed on: 01/27/2025

Last Buyer's Agent

Derek Goude

Realty First License #201203602

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,629

Year Built

  • Built in 1913 | Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Landscaped with Trees

Property Views

  • Woods
  • Territorial

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • Garage
  • On-Street Parking

Schools

  • Maplewood Elementary School
  • Jackson Middle School
  • Ida B Wells High School

Utilities

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

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R306335

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $15,000
  • Gross Income $35,000
  • Net Operating Income $20,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,629

Year Built

Built in 1913 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1913
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,Garage
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Other,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: Yes
  • Lot Features: Level, Private, Secluded, Trees
  • Road Surface Type: Concrete, Paved
  • Roof: Composition
  • View: Territorial,TreesWoods

Garage/Parking

  • Parking Description: Garage, OnStreet
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: R5
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: R306335

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 7629.39

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 22.85
  • Annual Gross Income: 35000.0
  • Property Net Operating Income: 20000.0
  • Annual Operating Expense: 15000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2025
Closed on
Mar 20, 2025
Sold by
Hammers Alexander
Bought by
Finnigan Timothy D
Seller's Agent
Michael Canton
Metana Realty Services
Buyer's Agent
Derek Goude
Realty First
List Price
$799,900
Sold Price
$785,000
Premium/Discount to List
-$14,900
-1.86%
Total Days on Market
10
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Original Mortgage
$125,000
Outstanding Balance
$125,000
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
Estimated Equity
$666,810

Purchase Details

Listed on
Jun 16, 2023
Closed on
Jun 22, 2023
Sold by
Francesconi Bryan and Francesconi Rebecca
Bought by
Hammers Alexander
Seller's Agent
Jim Arnal
Windermere Realty Trust
Buyer's Agent
Julie Halter
Cascade Hasson Sotheby's International Realty
List Price
$675,000
Sold Price
$695,000
Premium/Discount to List
$20,000
2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$682,411
Interest Rate
6.71%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2022
Sold by
Falcon Duplex Llc
Bought by
Francesconi Bryan and Francesconi Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
3.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 25, 2022
Sold by
Falcon Duplex Llc
Bought by
Francesconi Bryan and Francesconi Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
3.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 4, 2018
Sold by
Scott Christian H
Bought by
Falcon Duplex Llc

Purchase Details

Closed on
Jun 5, 2007
Sold by
Barber Anne Elizabeth
Bought by
Scott Christian H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,800
Interest Rate
6.36%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $785,000 First American Title
Warranty Deed $695,000 First American Title
Warranty Deed $608,000 Wfg Title
Warranty Deed $608,000 Wfg Title
Warranty Deed $608,000 Wfg Title
Bargain Sale Deed -- None Available
Warranty Deed $388,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 Credit Line Revolving
Open $471,000 New Conventional
Previous Owner $682,411 FHA
Previous Owner $238,000 Seller Take Back
Previous Owner $238,000 Seller Take Back
Previous Owner $316,859 New Conventional
Previous Owner $316,000 Unknown
Previous Owner $38,800 Stand Alone Second
Previous Owner $310,400 Purchase Money Mortgage
Previous Owner $265,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2025 03/22/25 Sold $785,000 -1.9% $321 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/27/2025 01/27/25 For Sale $799,900 +15.1% $327 / Sq Ft
07/19/2023 07/19/23 Sold $695,000 +3.0% $324 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $675,000 -- $314 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

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
2023 $7,629 $277,110 $0 $0
2022 $7,177 $269,040 $0 $0
2021 $7,056 $261,210 $0 $0
2020 $6,473 $253,610 $0 $0
2019 $6,235 $246,230 $0 $0
2018 $6,051 $239,060 $0 $0
2017 $5,800 $232,100 $0 $0
2016 $5,307 $225,340 $0 $0
2015 $5,168 $218,780 $0 $0
2014 $5,090 $212,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 672251604

Regional Multiple Listing Service (RMLS)

APN: R306335