$835,000
$20K PRICE DROP

Estimated payment $5,217/month

Total Views 8,026
5 Beds
4 Baths
2,330 Sq Ft
$358 Price per Sq Ft

Highlights

  • Property is near a bus stop
  • Forced Air Heating System
  • Level Lot
  • Cleveland High School Rated A-
  • High Speed Internet

About This Home

Charming Old Portland-style duplex in the heart of Buckman! Could easily be a private residence instead. This move-in-ready up/down duplex has a 3 bed/2.5 bath lower unit and a 2 bed/1 bath upper unit. Both units have their own spacious private yards, updated kitchens with dishwashers, in-unit washers and dryers, fir floors throughout, and an exterior deck. With a Walk Score of 87 and a Bike Score of 98, you’re just minutes from great shops, restaurants, cafes, and parks. A great opportunity for an investor or anyone looking for a classic Portland home in an awesome neighborhood!

Listing Agent

Joe Fustolo

Soldera Properties, Inc License #911000147 Listed on: 02/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,272

Year Built

  • Built in 1901

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,330 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Location

  • Property is near a bus stop

Schools

  • Buckman Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R276884

Community Details

Overview

  • 2 Units
  • Buckman Subdivision

Building Details

  • Operating Expense $7,272
  • Gross Income $52,140
  • Net Operating Income $44,868

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,272

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1901
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement
  • Storage: Attic,Basement
  • Total Bedrooms: 5
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, OnBusline, Sloped
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: Mixed
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: R276884

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 7271.86

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.01
  • Annual Gross Income: 52140.0
  • Property Net Operating Income: 44868.0
  • Annual Operating Expense: 7272.0

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 $7,272 $263,880 $0 $0
2022 $6,841 $256,200 $0 $0
2021 $6,725 $248,740 $0 $0
2020 $6,170 $241,500 $0 $0
2019 $5,943 $234,470 $0 $0
2018 $5,768 $227,650 $0 $0
2017 $5,528 $221,020 $0 $0
2016 $5,060 $214,590 $0 $0
2015 $4,927 $208,340 $0 $0
2014 $4,852 $202,280 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Price Changed $835,000 0.0% $358 / Sq Ft
03/17/2025 03/17/25 Price Changed $835,000 -2.3% $358 / Sq Ft
02/24/2025 02/24/25 For Sale $855,000 0.0% $367 / Sq Ft
02/24/2025 02/24/25 For Sale $855,000 +19.6% $367 / Sq Ft
05/16/2016 05/16/16 Sold $715,000 -2.7% $285 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $735,000 -- $293 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fidelity National Title
Warranty Deed -- None Available
Warranty Deed $715,000 Chicago Title Company Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $394,000 New Conventional
Previous Owner $415,000 New Conventional
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 646082561

Regional Multiple Listing Service (RMLS)

APN: R276884