3741 SE Cesar e Chavez Blvd Portland, OR 97202
Creston-Kenilworth NeighborhoodEstimated payment $5,322/month
Highlights
- City View
- No HOA
- Laundry Facilities
- Grout Elementary School Rated 9+
- Mini Split Air Conditioners
- Level Lot
About This Home
Fantastic Investment Opportunity conveniently located near the Division/Hawthorne area. 4 units consist of 2- 2 bedroom, two-story units AND 2- 1 bedroom units. Total of 6 Bedrooms/4 Baths. 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. Drive by is ok, but do not go on property or disturb tenants. Currently being managed by a property management company. Photos are from previous rental listing. Any offer must be made contingent on interior inspection. Owner is a license agent in the state of Oregon.
Listing Agent
MORE Realty Brokerage Phone: 503-858-2478 License #201206857 Listed on: 08/26/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,180
Year Built
- Built in 1951 | Remodeled
Lot Details
- 4,791 Sq Ft Lot
- Level Lot
Parking
- 1 Car Garage
- Carport
Home Design
- Composition Roof
- Lap Siding
Interior Spaces
- 2,815 Sq Ft Home
- 2-Story Property
- City Views
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Schools
- Grout Elementary School
- Hosford Middle School
- Cleveland High School
Utilities
- Mini Split Air Conditioners
- Mini Split Heat Pump
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R328201
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Operating Expense $17,000
- Gross Income $65,220
- Net Operating Income $49,000
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $10,180 | $380,470 | -- | -- |
| 2023 | $10,180 | $369,390 | $0 | $0 |
| 2022 | $8,333 | $312,060 | $0 | $0 |
| 2021 | $8,192 | $302,980 | $0 | $0 |
| 2020 | $7,515 | $294,160 | $0 | $0 |
| 2019 | $7,239 | $285,600 | $0 | $0 |
| 2018 | $7,026 | $277,290 | $0 | $0 |
| 2017 | $6,734 | $269,220 | $0 | $0 |
| 2016 | $6,163 | $261,380 | $0 | $0 |
| 2015 | $6,001 | $253,770 | $0 | $0 |
| 2014 | $5,910 | $246,380 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/20/2025 07/20/25 | Price Changed | $844,000 | -1.8% | $300 / Sq Ft | |
| 03/12/2025 03/12/25 | Price Changed | $859,900 | -1.1% | $305 / Sq Ft | |
| 11/08/2024 11/08/24 | Price Changed | $869,900 | -1.1% | $309 / Sq Ft | |
| 10/17/2024 10/17/24 | Price Changed | $879,900 | -1.1% | $313 / Sq Ft | |
| 09/27/2024 09/27/24 | Price Changed | $889,900 | -1.1% | $316 / Sq Ft | |
| 08/26/2024 08/26/24 | For Sale | $899,900 | +12.5% | $320 / Sq Ft | |
| 01/24/2022 01/24/22 | Sold | $800,000 | -3.0% | $284 / Sq Ft | View Prior Sale |
| 11/26/2021 11/26/21 | Pending | -- | -- | -- | |
| 04/09/2021 04/09/21 | For Sale | $825,000 | +87.5% | $293 / Sq Ft | |
| 03/31/2015 03/31/15 | Sold | $440,000 | 0.0% | $160 / Sq Ft | View Prior Sale |
| 02/18/2015 02/18/15 | Pending | -- | -- | -- | |
| 02/13/2015 02/13/15 | For Sale | $440,000 | -- | $160 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $800,000 | Fidelity National Title | |
| Bargain Sale Deed | -- | Fidelity National Title | |
| Warranty Deed | $440,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | New Conventional | |
| Previous Owner | $558,566 | Purchase Money Mortgage | |
| Previous Owner | $473,000 | Purchase Money Mortgage |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24657886
APN: R328201
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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