$1,550,000

4425 4439 SE 26th Ave Portland, OR 97202

Brooklyn Neighborhood

Estimated payment $9,547/month

Total Views 3,636
3 Beds
2 Baths
5,600 Sq Ft
$277 Price per Sq Ft

Highlights

  • Landscaped
  • Baseboard Heating
  • 4-minute walk to Tucker Maxon Goat Park
  • Grout Elementary School Rated 9+

About This Home

Turn-key 8-Unit apartment with upside in the trendy Brooklyn Neighborhood of close-in SE Portland. Built in 1976, the unit mix is comprised of four 2-bed/1-bath units and four 1-bed/1-bath units with an average of 700 square feet. A majority of the units have been remodeled, with the most recent one achieving strong rents, providing a roadmap for future renovation and income growth on the remaining classic units. Additional upside can be achieve through putting all units on utility reimbursements as some do not currently pay RUBS. All units feature full kitchens and washer/ dryers, a rare amenity for apartments in this neighborhood. Tenants enjoy off-street parking in the dedicated parking lot.

Listing Agent

Parvaneh Kalantari

Vitality Home Realty License #200306181 Listed on: 06/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,456

Year Built

  • Built in 1978

Lot Details

  • 9,147 Sq Ft Lot
  • Landscaped

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 5,600 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 8 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Hosford Middle School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number Not Found

Community Details

Overview

  • 8 Units

Building Details

  • Operating Expense $57,434
  • Gross Income $145,650
  • Net Operating Income $57,434

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,456

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1978
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: None
  • Total Bedrooms: 3
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Description: Driveway, OffStreet
  • Attached Garage: No
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: AllLandscaping

Schools

  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: mult
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147.0
  • Parcel #: Not Found

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 15456.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 10.64
  • Annual Gross Income: 145650.0
  • Property Net Operating Income: 57434.0
  • Annual Operating Expense: 57434.0

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

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 For Sale $1,550,000 -- $277 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 707812858

Regional Multiple Listing Service (RMLS)