*** 10% DOWN INVESTOR LOAN *** 9.74% CAP RATE *** A CAP Rate higher than the loan interest rate is a no brainer! CLAIM THIS POSITIVE CASH FLOW NOW!!! Very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1 bed 1 bath units plus a laundry room. This property provides a great opportunity for an owner occupant - loans available with as little as zero down for veterans or 3.5% and 5% down options for most other owner occupants and possible help for the 5%. Investor loan available with as little as 10% down. This is the deal you've been looking for! [Home Energy Score = 6. HES Report at
RE/MAX Equity GroupLicense #200501139Listed on: 02/06/2025
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,170
Year Built
Built in 1933
Lot Details
4,791 Sq Ft Lot
Lot Dimensions are 50 x 100
Cul-De-Sac
Level Lot
Home Design
Pillar, Post or Pier Foundation
Composition Roof
Wood Siding
Plywood Siding Panel T1-11
Interior Spaces
1,974 Sq Ft Home
1-Story Property
Bedrooms and Bathrooms
6 Bedrooms
4 Bathrooms
Parking
4 Parking Spaces
Driveway
Off-Street Parking
Eco-Friendly Details
Green Certified Home
Schools
Prescott Elementary School
Parkrose Middle School
Parkrose High School
Utilities
No Cooling
Baseboard Heating
Electric Water Heater
Listing and Financial Details
Assessor Parcel Number R235741
Community Details
Overview
4 Units
Building Details
Operating Expense $12,223
Gross Income $66,734
Net Operating Income $54,511
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,170
Year Built
Built in 1933
Lot Details
0
Listing Details
Standard Status: Active
MLS Status: Active
Property Type: MultiFamily
Stories: 1
Year Built: 1933
Property Condition: Existing
Property Attached Yn: No
Open House: No
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Total Bedrooms: 6
Lot Size Range: SqFt5000to6999
Exterior Features
Exterior Description: T111Siding,WoodSiding
Lot Size: 5,000 to 6,999 SqFt
Foundation Details: PillarPostPier
View: No
Lot Features: Cul_de_sac, Level
Road Surface Type: Paved
Roof: Composition
Garage/Parking
Parking Description: Driveway, OffStreet
Attached Garage: No
Total Parking Spaces: 4.0
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Cooling Y N: No
Heating: Baseboard
Heating Yn: Yes
Sewer: PublicSewer
Water Source: PublicWater
Schools
Elementary School: Prescott
High School: Parkrose
Middle Or Junior School: Parkrose
Lot Info
Zoning: CM2
Lot Size Acres: 0.11
Lot Size: 50 x 100
Lot Size Sq Ft: 4791.0
Parcel #: R235741
Green Features
Green Certification: Yes
Rental Info
Rent Includes: Sewer, TrashCollection, Water
Tax Info
Tax Deferral: No
Tax Year: 2024
Tax Annual Amount: 2170.1
Tax Opportunity Zone: No
Multi Family
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Number Of Units Total: 4
Gross Rent Multiplier: 8.39
Annual Gross Income: 66734.0
Property Net Operating Income: 54511.0
Annual Operating Expense: 12223.0
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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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 AssessmentTax 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.
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The Kennedy Team is made up of Jason Kennedy and Matt Kennedy and their office administrator Teri. Combined they have over 60 years of experience and Jason and Matt are consistently among the top producing agents in their office. This includes 2024 #1 Oregon RE/MAX Commerical Team and
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*** AMAZING MANHATTAN BEACH LOCATION 2 BLOCKS FROM THE BEACH *** Here is your chance to build at the back of a dead end street for a little bit of seclusion at an affordable price. The seller had the house plans drawn up specifically for this lot. According to the city the water and sewer are available in the street. This is a prime opportunity! A variance will be required as well as
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Cash as-is where is offers only. Short sale, purchase price approved. Buyer has to pay about $30,000 in addition to sale price. *** SPECTACULAR VIEW OVERLOOKING park & city! Situated on TWO LOTS adjacent to Marquam Nature Park and BEAUTIFUL SW HILLS TRAILS. This diamond in the rough has AMAZING MAIN FLOOR LIVING with large rooms and plenty of light filled windows! Three bedrooms plus office.
This home is located at 4840 NE 99th Ave, Portland, OR 97220 and is currently priced at $559,950, approximately $283 per square foot. This property was built in 1933. 4840 NE 99th Ave is a home located in Multnomah County with nearby schools including Prescott Elementary School, Parkrose Middle School, and Parkrose High School.
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