$1,050,000
SOLD JUL 3, 2025

6409 NE Going St Unit 6425 Portland, OR 97218

Cully Neighborhood
12 Beds
5 Baths
2,427 Sq Ft
0.38 Acres

Recently Sold

$433 Per Sq Ft

16% Below List Price

6 Days on Market

Highlights

  • 0.38 Acre Lot
  • Lap Siding
  • Wall Furnace

About This Home

As of July 2025

Huge opportunity for the person with vision. Three buildings, 5 total units! Rents are huge & in high demand in this area! Great income potential! Each unit has big yard with fence. Adequate Assigned parking spaces. Added fences, some appliances and floor updates in 2025. Please do not disturb tenant.

Last Agent to Sell the Property

Victor Wang

MORE Realty Brokerage Phone: 503-388-7777 License #201226647 Listed on: 05/11/2025

MORE Realty

Last Buyer's Agent

Alex Paiz

eXp Realty, LLC License #201228141

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,033

Year Built

  • Built in 1926

Lot Details

  • 0.38 Acre Lot

Parking

  • Assigned Parking

Home Design

  • Composition Roof
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Bathrooms

Schools

  • Roseway Heights Middle School

Utilities

  • No Cooling
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number R232526

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $39,924
  • Gross Income $93,716
  • Net Operating Income $53,792

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,033

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1926
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, PartiallyFinished
  • Total Bedrooms: 12
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: LapSiding,ShakeSiding,T111Siding
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Middle Or Junior School: Roseway Heights

Lot Info

  • Zoning: R7
  • Lot Size Acres: 0.38
  • Lot Size Sq Ft: 16552.0
  • Parcel #: R232526

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4032.84

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 13.34
  • Annual Gross Income: 93716.0
  • Property Net Operating Income: 53792.0
  • Annual Operating Expense: 39924.0

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $1,050,000 -16.0% $433 / Sq Ft
05/17/2025 05/17/25 Pending -- -- --
05/11/2025 05/11/25 For Sale $1,250,000 +39.7% $515 / Sq Ft
03/29/2022 03/29/22 Sold $895,000 -5.8% $136 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $950,000 +6.1% $144 / Sq Ft
02/26/2022 02/26/22 Off Market $895,000 -- --
02/11/2022 02/11/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $999,500 +11.7% $151 / Sq Ft
01/20/2022 01/20/22 Off Market $895,000 -- --
01/11/2022 01/11/22 Pending -- -- --
01/03/2022 01/03/22 Pending -- -- --
12/23/2021 12/23/21 Price Changed $999,500 0.0% $151 / Sq Ft
12/23/2021 12/23/21 For Sale $999,500 +11.7% $151 / Sq Ft
12/21/2021 12/21/21 Off Market $895,000 -- --
12/17/2021 12/17/21 For Sale $1,220,000 +36.3% $185 / Sq Ft
12/16/2021 12/16/21 Off Market $895,000 -- --
12/06/2021 12/06/21 For Sale $1,220,000 +36.3% $185 / Sq Ft
11/22/2021 11/22/21 Off Market $895,000 -- --
09/13/2021 09/13/21 For Sale $1,220,000 +36.3% $185 / Sq Ft
08/25/2021 08/25/21 Off Market $895,000 -- --
08/03/2021 08/03/21 For Sale $1,220,000 +36.3% $185 / Sq Ft
08/02/2021 08/02/21 Off Market $895,000 -- --
06/25/2021 06/25/21 Price Changed $1,220,000 -8.2% $185 / Sq Ft
06/01/2021 06/01/21 For Sale $1,329,000 0.0% $201 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
04/16/2021 04/16/21 Price Changed $1,329,000 -3.3% $201 / Sq Ft
04/05/2021 04/05/21 For Sale $1,375,000 +98.1% $208 / Sq Ft
10/18/2018 10/18/18 Sold $694,000 -11.0% $286 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $779,900 -- $321 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 651352074

Regional Multiple Listing Service (RMLS)

APN: 1N2E20BC 07400