$849,900

Estimated payment $5,463/month

Total Views 3,652
4 Beds
6 Baths
2,517 Sq Ft
$338 Price per Sq Ft

Highlights

  • Seasonal View
  • Corner Lot
  • Security System Owned
  • Cleveland High School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

Amazing investment opportunity in Historic Brooklyn! Inviting Craftsman-style Duplex, built 2001, with thoughtful floorplan, numerous updates, and attached double garages on a large corner lot. Incredible turnkey rental. Each unit has its own meters for water, gas and electricity and each unit features open-concept living on the main (with powder bath), 2 en suite bedrooms and a laundry room upstairs. Unit #1 has 1,261 SF and updates in 2024 include: remodeled kitchen & new appliances, all new flooring throughout, new AC & water heater, washer/dryer. Slider and patio to a privately fenced backyard. All appliances included. Unit #2 has 1,256 SF and updates include: new carpet (2023), newer AC & water heater (2021), kitchen w/ slab granite countertops (2017), new refrigerator (2024), and newer dishwasher (2023). All appliances included. Just minutes to shopping, dining, parks, transit & OHSU/Downtown Portland. Walk/Bike score 78/99!

Listing Agent

Jessica Corcoran

ELEETE Real Estate License #201212711 Listed on: 03/10/2025

Co-Listing Agent

Angela Bouma

ELEETE Real Estate License #201250938

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,990

Year Built

  • Built in 2001

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,517 Sq Ft Home
  • 2-Story Property
  • Seasonal Views
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Home Security

  • Security System Owned
  • Security Lights

Parking

  • Garage
  • Driveway

Schools

  • Grout Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number R277754

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Brooklyn Neighborhood Subdivision

Building Details

  • Operating Expense $12,570
  • Gross Income $30,000
  • Net Operating Income $17,430

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,990

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2001
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Total Bedrooms: 4
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Cedar,ShingleSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Seasonal

Garage/Parking

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

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity,Gas
  • Security: SecurityLights, SecuritySystemOwned
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Grout
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: R-5
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: R277754

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 9990.47

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 28.33
  • Annual Gross Income: 30000.0
  • Property Net Operating Income: 17430.0
  • Annual Operating Expense: 12570.0

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

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 $9,990 $362,530 $0 $0
2022 $9,399 $351,980 $0 $0
2021 $9,240 $341,730 $0 $0
2020 $8,476 $331,780 $0 $0
2019 $8,164 $322,120 $0 $0
2018 $7,924 $312,740 $0 $0
2017 $7,595 $303,640 $0 $0
2016 $6,951 $294,800 $0 $0
2015 $6,768 $286,220 $0 $0
2014 $6,666 $277,890 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $849,900 0.0% $338 / Sq Ft
04/13/2025 04/13/25 Off Market $2,595 -- --
03/27/2025 03/27/25 For Rent $2,595 0.0% --
03/24/2025 03/24/25 Off Market $849,900 -- --
03/10/2025 03/10/25 For Sale $849,900 -- $338 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Available
Warranty Deed $460,000 Ticor Title
Warranty Deed -- None Available
Bargain Sale Deed -- Ticor Title Insurance Compan
Warranty Deed -- --
Bargain Sale Deed -- Ticor Title Insurance Compan
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $356,000 Fannie Mae Freddie Mac
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 232028774

Regional Multiple Listing Service (RMLS)

APN: R277754