Well-maintained & updated 4-Plex in central west-side location. Minutes to downtown, OHSU, and western suburbs. Fully rented and professionally managed.Excellent turn-key investment with above-market CAP rates and GRMs.
Fathom Realty Oregon, LLCLicense #200502433Listed on: 06/14/2019
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$10,794
Year Built
Built in 1978
Lot Details
Private Lot
Sloped Lot
Parking
Paved Parking
Home Design
Block Foundation
Wood Siding
Plywood Siding Panel T1-11
Interior Spaces
2-Story Property
Washer and Dryer
Property Views
Kitchen
Range
Dishwasher
Additional Features
Flood Zone Lot
Electric Water Heater
Community Details
4 Units
Listing and Financial Details
Rent includes trash collection, sewer, water
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$10,794
Year Built
Built in 1978
Lot Details
0
Parking
5
Listing Details
Status: Sold
Property Category: Multi Family
Sq Ft Approximate Building Total: 3328
Stories: 2
Year Built: 1978
Remarks Public: Well-maintained & updated 4-Plex in central west-side location. Minutes to downtown, OHSU, and western suburbs. Fully rented and professionally managed.Excellent turn-key investment with above-market CAP rates and GRMs.
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Legal Description: ROSE ARBOR, BLOCK 2, E 25' OF LOT 6 EXC PT IN ST, W 25' OF LOT 7
Exterior Features
Exterior Description: T-111 Siding, Wood Siding
Lot Size: 10,000 to 14,999 SqFt
Roof Type: Composition
View: Creek/Stream, Trees/Woods
Foundation Details: Block, None
View: Yes
Garage/Parking
Garage Or Parking Spaces: 5
Parking Description: Paved
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Sewer: Public Sewer
Water Description: Public
Heating Description: Zoned
Condo/Co-op/Association
Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer
Schools
Elementary School: Hayhurst
Middle School: Gray
High School: Wilson
Lot Info
Lot Description: Private, Sloped, Flood Zone
Zoning: R2
Rental Info
Rent Includes: Trash Collection, Sewer, Water
Tax Info
Tax Amount: 8903.66
Assessor Parcel Number: R259214
Tax Year: 2018
Multi Family
Unit Type: 1, 2, 3, 4
Number Of Units Total: 4
Gross Rent Multiplier: 10.99
MLS Schools
Elementary School: Hayhurst
High School: Wilson
Middle School: Gray
Ownership History
DateNameOwned ForOwner Type
Jul 2019 - PresentHarris Seth W and Harris Julie5 Years and 11 Months
Private Individual
Purchase Details
Listed on
Jun 14, 2019
Closed on
Jul 23, 2019
Sold by
Grandey Carlena
Bought by
Harris Seth W and Harris Julie
Seller's Agent
Timothy Manickam
Fathom Realty Oregon, LLC
Buyer's Agent
Timothy Manickam
Fathom Realty Oregon, LLC
List Price
$598,800
Sold Price
$615,780
Premium/Discount to List
$16,980
2.84%
Total Days on Market
5
Current Estimated Value
$773,338
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,558
Avg. Annual Appreciation
3.96%
Original Mortgage
$461,835
Interest Rate
3.82%
Mortgage Type
New Conventional
Aug 2017 - Jul 2019Wallace Claudia J1 Year and 11 Months
Private Individual
Purchase Details
Listed on
Jun 30, 2017
Closed on
Aug 25, 2017
Sold by
Finney Janice E
Bought by
Wallace Claudia J
Seller's Agent
Toni Weingart
MORE Realty
Buyer's Agent
Amy Seaholt
Windermere Realty Trust
List Price
$575,000
Sold Price
$575,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$402,500
Interest Rate
3.96%
Mortgage Type
New Conventional
Mar 2013 - Aug 2017Finney Janice E4 Years and 5 Months
Private Individual
Purchase Details
Listed on
Sep 6, 2012
Closed on
Mar 15, 2013
Sold by
Charette Eric A
Bought by
Finney Janice E
Seller's Agent
Toni Weingart
MORE Realty
Buyer's Agent
Toni Weingart
MORE Realty
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.55%
Original Mortgage
$210,000
Interest Rate
3.53%
Mortgage Type
New Conventional
Jan 2005 - Mar 2013Charette Eric A and Charette Sabrina A8 Years and 2 Months
Private Individual
Purchase Details
Closed on
Jan 6, 2005
Sold by
Deutsche Bank Trust Co
Bought by
Charette Eric A and Charette Sabrina A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Sep 2004 - Jan 2005Deutsche Bank Trust Co4 Months
Private Individual
Purchase Details
Closed on
Sep 7, 2004
Sold by
Gaynor Randy L
Bought by
Deutsche Bank Trust Co
Feb 1999 - Sep 2004Gaynor Randy L and Gaynor Christina5 Years and 7 Months
Private Individual
Purchase Details
Closed on
Feb 10, 1999
Sold by
Remillard Dale A
Bought by
Gaynor Randy L and Gaynor Christina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,800
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Oct 1998 - Feb 1999Remillard Dale A and Remillard Jeri L4 Months
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Average Value
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List Price
Sold Price
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Tax AssessmentTax Assessment
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This home is located at 5041 SW Beaverton Hillsdale Hwy, Portland, OR 97221 since 14 June 2019 and is currently estimated at $773,338, approximately $232 per square foot. This property was built in 1978. 5041 SW Beaverton Hillsdale Hwy is a home located in Multnomah County with nearby schools including Bridlemile Elementary School, Robert Gray Middle School, and Ida B. Wells-Barnett High School.
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