$2,119,900

Estimated payment $14,399/month

Total Views 145
-- Bed
-- Bath
5,947 Sq Ft
$356 Price per Sq Ft

Highlights

  • Security System Owned
  • 90% Forced Air Heating and Cooling System
  • Level Lot
  • Cleveland High School Rated A-
  • Green Certified Home
  • Lap Siding

About This Home

Investment opportunity! Nearly new 4-unit building. A vibrant location and superior build-quality combine to make these townhouses a great find! The units have great flow while maintaining privacy between main floor living, a primary suite on the second level, plus a second bedroom suite on its own level. A versatile loft could be your work, hobby, or reading space. High-end finishes elevate these units with gleaming hardwood floors, wood windows, crown molding, walk-in closets and high-line Jenn Air appliances. When you're not enjoying your gourmet kitchen, take a short stroll to The Zipper Food Court or to NE 28th's spectacular restaurant row. Designed for effortless urban living with bike parking, a rear patio, lots of storage and stylish touches throughout. These well maintained “newer” homes are better than new as it comes with window coverings, top-notch kitchen appliances, and even a washer/dryer. Walk Score 98, Bike Score 100!

Listing Agent

Reuben Schug

Windermere Realty Trust Brokerage Email: moreland@windermere.com License #200611244

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,401

Year Built

  • Built in 2020

Lot Details

  • Lot Dimensions are 50x100
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,947 Sq Ft Home
  • 3-Story Property
  • Crawl Space
  • Storage In Attic
  • Security System Owned

Eco-Friendly Details

  • Green Certified Home

Schools

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R208182

Community Details

Overview

  • 4 Units
  • Kerns Subdivision

Building Details

  • Operating Expense $55,878
  • Gross Income $142,400
  • Net Operating Income $86,522

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,401

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 2020
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attic
  • Lot Size Range: SqFt5000to6999

Exterior Features

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

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Energy Efficiency Features: DoublePaneWindows,ForcedAir90,HeatPump,InsulationandCeilingInsulation
  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: SecuritySystemOwned
  • Cooling: CentralAir, HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir90
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: RM2
  • Lot Size: 50x100
  • Parcel #: R208182

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 30401.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.89
  • Annual Gross Income: 142400.0
  • Property Net Operating Income: 86522.0
  • Annual Operating Expense: 55878.0

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

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 $29,856 $1,147,250 $0 $0
2022 $29,742 $1,113,840 $0 $0
2021 $29,238 $1,081,400 $0 $0
2020 $26,822 $1,049,906 $0 $0
2019 $1,779 $70,180 $0 $0
2018 $1,727 $68,140 $0 $0
2017 $3,086 $123,390 $0 $0
2016 $2,825 $119,800 $0 $0
2015 $2,751 $116,320 $0 $0
2014 $2,709 $112,940 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 For Sale $2,119,900 -- $356 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $555,000 None Available
Warranty Deed $555,000 Fidelity National Title
Bargain Sale Deed -- Fidelity Natl Title Of Or
Warranty Deed $290,000 Wfg Title
Warranty Deed $259,000 Ticor Title Insurance Compan
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,331,641 Credit Line Revolving
Closed $1,331,641 Credit Line Revolving
Previous Owner $420,000 Credit Line Revolving
Previous Owner $350,000 New Conventional
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 510801938

Regional Multiple Listing Service (RMLS)

APN: R208182