Estimated Value: $774,312 - $934,000
Investor's Dream! Over $110k in improvements!!!!! Ultra low maintenance income property. Charming designer duplex in South Tabor/Richmond neighborhood right on the SE Division bus line, a short walk or drive to everything and everywhere in Portland. Great income or 1031 exchange property with terrific long-time 11+ year tenants in one unit. Very rare large square footage, each unit is on 2 levels and features 3 bedroom + 1 bath configuration with lovely fireplaces, in-unit laundry and easy flowing floorplan with dining area, living room and additional family/bonus room for entertaining. Private outdoor patio spaces are great for relaxation, grilling and planting. Each unit also features an attached single garage plus driveway parking for an additional vehicle. Both units recently went through complete remodel with brand new two toned kitchens, appliances, baths, paint inside and out, shades, front siding, garage doors and openers, hardware and much more. 5215 is vacant and in impeccable condition, available for tours and immediate owner occupancy or new tenants. 5217 is occupied, and tours of the unit will be made available to buyers with written offers. Comes with all appliances, profitable rent roll and everything for you to be a successful landlord or occupying owner. Possible to convert and add another 1 bedroom unit for AirBNB. The block is ripe for big redevelopment in 5-10 years. Walk and Bike scores are both at 92!!!
Last Listed By
Coldwell Banker Bain Brokerage Phone: License #201234875 Listed on: 11/08/2023
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Finished Basement
Schools
Utilities
Additional Features
Listing and Financial Details
Overview
Building Details
$620,000
These units have minimal shared walls, laundry facilities, and off-street parking. There's a full basement with exterior entrance that can potentially finish it up into a 3rd unit/ADU. Unit A is approximately 840 sq.ft. has newer LVP flooring and a living room with French doors leading to a private deck.This home has been pre-approved & may qualify for interest rate discounts. Contact your agent
TAYLOR CAMPBELL EPIQUE REALTY
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stiassni John C | $790,000 | Fidelity National Title | |
| Peter M Wenzel Revocable Trust | -- | None Listed On Document | |
| Wenzel Peter | $555,000 | Fidelity Natl Ttl Co Of Or | |
| Mcclurkan Todd Allen | -- | None Available | |
| Mcclurkan Todd | -- | Old Republic Title | |
| Mcclurkan Todd A | $356,000 | First American | |
| Elizabeth Lauri | -- | None Available | |
| Elizabeth Lauri | $338,000 | Fidelity Natl Title Co Of Or | |
| James M Falconer Nonmarital Trust | $105,000 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stiassni John C | $671,500 | |
| Previous Owner | Wenzel Peter | $149,000 | |
| Previous Owner | Mcclurkan Todd | $315,000 | |
| Previous Owner | Mcclurkan Todd A | $231,400 | |
| Previous Owner | Elizabeth Lauri | $270,400 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2024 05/14/24 | Sold | $790,000 | -1.2% | $247 / Sq Ft |
| 04/12/2024 04/12/24 | Pending | -- | -- | -- |
| 04/04/2024 04/04/24 | For Sale | $799,999 | 0.0% | $250 / Sq Ft |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- |
| 11/08/2023 11/08/23 | For Sale | $799,999 | +44.1% | $250 / Sq Ft |
| 09/18/2019 09/18/19 | Sold | $555,000 | 0.0% | $306 / Sq Ft |
| 08/15/2019 08/15/19 | Pending | -- | -- | -- |
| 08/08/2019 08/08/19 | For Sale | $555,000 | +60.9% | $306 / Sq Ft |
| 02/10/2012 02/10/12 | Sold | $345,000 | -5.5% | $96 / Sq Ft |
| 01/08/2012 01/08/12 | Pending | -- | -- | -- |
| 01/02/2012 01/02/12 | For Sale | $365,000 | -- | $101 / Sq Ft |
| 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 | $8,574 | $311,140 | $0 | $0 |
| 2022 | $8,066 | $302,080 | $0 | $0 |
| 2021 | $7,930 | $293,290 | $0 | $0 |
| 2020 | $7,275 | $284,757 | $0 | $0 |
| 2019 | $6,433 | $253,820 | $0 | $0 |
| 2018 | $6,244 | $246,430 | $0 | $0 |
| 2017 | $5,985 | $239,260 | $0 | $0 |
| 2016 | $5,477 | $232,300 | $0 | $0 |
| 2015 | $5,333 | $225,540 | $0 | $0 |
| 2014 | $5,253 | $218,980 | $0 | $0 |
Seller's Agent in 2024
Benjamin Page
Coldwell Banker Bain
(626) 390-1806
1 in this area
8 Total Sales
Buyer's Agent in 2024
Michele DesCombes-Stone
Keller Williams Realty Professionals
(503) 546-9955
1 in this area
103 Total Sales
Seller's Agent in 2019
Jaime Arb Haessig
Think Real Estate
(503) 730-7205
1 in this area
49 Total Sales
Buyer's Agent in 2019
Fred Mueller
Premiere Property Group, LLC
(971) 272-5479
4 Total Sales
E
Seller's Agent in 2012
ERIK LEE
Now Realty Group
(503) 453-6564
25 Total Sales
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 23502095
APN: R174378
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