NOT LISTED FOR SALE

6431 SE 83rd Ave Portland, OR 97266

Lents Neighborhood

Estimated Value: $451,512 - $556,000

4 Beds
4 Baths
1,904 Sq Ft
$269/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $560,000 $294 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,229/month

4 Days on Market

About This Home

As of March 2024

One offer already received on this fantastic townhome style duplex in Arleta Park. Each unit has a spacious floor plan with two beds and 1.5 baths each, including washer/dryer, fridge, and stove. Tenants can enjoy fenced backyards. Great 6 cap rate! Offer deadline 10am Monday Feb 12th so move fast!

Last Agent to Sell the Property

Melissa Dorman

Living Room Realty License #201222278 Listed on: 02/08/2024

Living Room Realty

Last Buyer's Agent

Rachel Delavan

Delavan Realty Inc License #201216347

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,284

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,904 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Woodmere Elementary School
  • Lane Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, trashcollection
  • Assessor Parcel Number R503912

Community Details

Overview

  • 2 Units
  • Arleta Park Subdivision

Building Details

  • Operating Expense $10,220
  • Gross Income $43,200
  • Net Operating Income $32,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,284

Year Built

Built in 2001 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2001
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Roof: Composition

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

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

Schools

  • Elementary School: Woodmere
  • High School: Franklin
  • Middle Or Junior School: Lane

Lot Info

  • Zoning: CG
  • Parcel #: R503912

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 6283.91

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.73
  • Annual Gross Income: 43200.0
  • Property Net Operating Income: 32980.0
  • Annual Operating Expense: 10220.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Feb 13, 2024
Sold by
Presley Aaron
Bought by
Wheeler Cheyenne and Terlyuk Andrey
Seller's Agent
Melissa Dorman
Living Room Realty
Buyer's Agent
Rachel Delavan
Delavan Realty Inc
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%
Views
17
Current Estimated Value
$511,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,122
Avg. Annual Appreciation
-5.53%
Original Mortgage
$532,000
Outstanding Balance
$522,877
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
-$10,999

Purchase Details

Listed on
Oct 10, 2019
Closed on
Dec 4, 2019
Sold by
Hawkey Barry
Bought by
Presley Aaron
Seller's Agent
Jennifer Turner
Lovejoy Real Estate
Buyer's Agent
Melissa Dorman
Living Room Realty
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$417,302
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 25, 2016
Closed on
Dec 28, 2016
Sold by
Reynolds Richard
Bought by
Hawkey Barry
Seller's Agent
Andrea Guest
Keller Williams Realty Professionals
Buyer's Agent
Jennifer Turner
Lovejoy Real Estate
List Price
$324,900
Sold Price
$324,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%

Purchase Details

Closed on
Aug 21, 2006
Sold by
Reynolds Richard
Bought by
Han Jina and Reynolds Richard

Purchase Details

Closed on
May 25, 2006
Sold by
Soriano Clark Kenneth
Bought by
Reynolds Edward Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 26, 2006
Sold by
Soriano Clark Elizabeth
Bought by
Portent Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 28, 2004
Sold by
Mcauley John B
Bought by
Soriano Clark Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.92%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wheeler Cheyenne $560,000 First American Title
Presley Aaron $425,000 Wfg Title
Hawkey Barry $324,900 Wfg Title
Han Jina -- Ticor Title
Reynolds Edward Richard $235,000 Ticor Title Insurance Compan
Soriano Clark Kenneth -- Ticor Title Insurance Compan
Portent Holdings Llc -- Ticor Title
Soriano Clark Elizabeth $185,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Cheyenne $532,000
Previous Owner Presley Aaron $417,302
Previous Owner Reynolds Edward Richard $188,000
Previous Owner Soriano Clark Elizabeth $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2024 03/27/24 Sold $560,000 +1.8% $294 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $550,000 +29.4% $289 / Sq Ft
12/06/2019 12/06/19 Sold $425,000 0.0% $223 / Sq Ft View Prior Sale
11/08/2019 11/08/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $425,000 +30.8% $223 / Sq Ft
01/18/2017 01/18/17 Sold $324,900 0.0% $171 / Sq Ft View Prior Sale
11/01/2016 11/01/16 Pending -- -- --
10/25/2016 10/25/16 For Sale $324,900 -- $171 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

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
2024 $6,535 $244,250 -- --
2023 $6,284 $237,140 $0 $0
2022 $6,148 $230,240 $0 $0
2021 $6,044 $223,540 $0 $0
2020 $5,545 $217,030 $0 $0
2019 $5,341 $210,710 $0 $0
2018 $5,184 $204,580 $0 $0
2017 $4,968 $198,630 $0 $0
2016 $4,547 $192,850 $0 $0
2015 $4,286 $187,240 $0 $0
2014 $3,934 $181,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Dorman

    Seller's Agent in 2024

    Melissa Dorman

    Living Room Realty

    (562) 355-8593

    5 in this area

    207 Total Sales

    Melissa Dorman
    Section Image
  • Rachel Delavan

    Buyer's Agent in 2024

    Rachel Delavan

    Delavan Realty Inc

    (971) 276-0158

    2 in this area

    84 Total Sales

    Rachel Delavan
    Section Image
  • Jennifer Turner

    Seller's Agent in 2019

    Jennifer Turner

    Lovejoy Real Estate

    (503) 312-4642

    4 in this area

    775 Total Sales

    Jennifer Turner
    Section Image
  • Andrea Guest

    Seller's Agent in 2017

    Andrea Guest

    Keller Williams Realty Professionals

    (503) 395-4191

    3 in this area

    306 Total Sales

    Andrea Guest
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24482186

Regional Multiple Listing Service (RMLS)

APN: R503912

Oregon Multnomah County Portland 97266 Lents

6431 SE 83rd Ave, Portland, OR

This home is located at 6431 SE 83rd Ave, Portland, OR 97266 since 08 February 2024 and is currently estimated at $511,878, approximately $268 per square foot. This property was built in 2001. 6431 SE 83rd Ave is a home located in Multnomah County with nearby schools including Woodmere Elementary School, Lane Middle School, and Franklin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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