$1,195,000
$305K PRICE DROP

350 NE 61st Ave Portland, OR 97213

North Tabor Neighborhood

Estimated payment $7,822/month

Total Views 6,746
10 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • City View
  • Private Lot
  • Forced Air Heating System
  • 0.29 Acre Lot
  • No HOA
  • Lap Siding

About This Home

BIG PRICE CUT!! Unique income property in bustling central location! Close proximity to Trader Joe's, freeway access, and local businesses! Main unit features excellent amenities such as jetted tub, fireplace, sunroom, private side yard and large 2 car climate controlled garage! Leases are m2m, w excellent rental history. Rental increases set for 11/01. Many recent capital improvements including 2 new roofs, siding replacement, and misc repairs. 350 bldg has been inspected, roof certified and repairs made including new electric panel. 2 former tax lots for a combined total of 12,589sqft. Developer's package attached.

Listing Agent

Adriana Focke

Check Point Realty License #201207090 Listed on: 02/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,664

Year Built

  • Built in 1966

Lot Details

  • 0.29 Acre Lot
  • Private Lot
  • Level Lot

Property Views

  • City
  • Seasonal

Home Design

  • Lap Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Schools

  • Vestal Elementary School
  • Harrison Park Middle School
  • Franklin High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R230696

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Common Area

Building Details

  • Operating Expense $44,225
  • Gross Income $101,220
  • Net Operating Income $56,995

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,664

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1966
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 10
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Lot Features: Commons, Level, Private
  • View: City,Seasonal

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

  • Association: No

Schools

  • Elementary School: Vestal
  • High School: Franklin
  • Middle Or Junior School: Harrison Park

Lot Info

  • Zoning: RM2
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632.0
  • Parcel #: R230696

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 14664.09

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 11.81
  • Annual Gross Income: 101220.0
  • Property Net Operating Income: 56995.0
  • Annual Operating Expense: 44225.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $14,664 $532,120 $0 $0
2022 $13,795 $516,630 $0 $0
2021 $13,562 $501,590 $0 $0
2020 $11,746 $486,990 $0 $0
2019 $11,314 $472,810 $0 $0
2018 $10,981 $459,040 $0 $0
2017 $10,524 $445,670 $0 $0
2016 $9,631 $408,500 $0 $0
2015 $9,378 $396,600 $0 $0
2014 $9,237 $385,050 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $1,195,000 0.0% --
07/29/2025 07/29/25 Price Changed $1,195,000 -12.8% --
04/30/2025 04/30/25 Price Changed $1,370,000 0.0% --
04/30/2025 04/30/25 Price Changed $1,370,000 -8.7% --
02/06/2025 02/06/25 For Sale $1,499,900 0.0% --
02/01/2025 02/01/25 For Sale $1,499,900 -- --
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed $150,000 --
Bargain Sale Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 Seller Take Back
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 141775361

Regional Multiple Listing Service (RMLS)

APN: R230696

Oregon Multnomah County Portland 97213 North Tabor

350 NE 61st Ave, Portland, OR

This home is located at 350 NE 61st Ave, Portland, OR 97213 and is currently priced at $1,195,000. This property was built in 1966. 350 NE 61st Ave is a home located in Multnomah County with nearby schools including Vestal Elementary School, Leodis V. McDaniel High School, and Portland Arthur Academy.

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Nearby Homes
Adriana Focke
Listing Agent
Adriana Focke
Section Image
Check Point Realty
(503) 506-6311