NOT LISTED FOR SALE
5 Beds
2 Baths
4,010 Sq Ft
1890 Built

Last Sold April 15, 2019

Last sale price $465,000 $116 Per Sq Ft

33 Days on Market

Highlights

  • Attached Garage
  • Views
  • Parking Storage or Cabinetry
  • Ainsworth Elementary School Rated A-
  • Storage
  • 4-minute walk to PSU Children's Playground

About This Home

As of April 2019

Excellent investment opportunity in the heart of it all! This Duplex property was built in the late 1880's and has been owned by the same family for many decades. Spacious units with city views from upstairs bedrooms. One unit is vacated, the other unit is currently leased - tenant would like to stay. Future development possibilities are seemingly endless with RH Zoning! Close proximity to OHSU, PSU, I-405, & downtown Portland.

Last Agent to Sell the Property

Breylan Deal-Eriksen

Think Real Estate License #201208844 Listed on: 02/08/2019

Co-Listed By

Kathy MacNaughton

Windermere Realty Trust License #790900060

Last Buyer's Agent

Jennifer Bolen

Premiere Property Group, LLC License #200808035

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • Gentle Sloping Lot

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Storage
  • Washer and Dryer Hookup
  • Range
  • Property Views

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4010
  • Stories: 3
  • Year Built: 1890
  • Property Condition: Approximately
  • Remarks Public: Excellent investment opportunity in the heart of it all! This Duplex property was built in the late 1880's and has been owned by the same family for many decades. Spacious units with city views from upstairs bedrooms. One unit is vacated, the other unit is currently leased - tenant would like to stay. Future development possibilities are seemingly endless with RH Zoning! Close proximity to OHSU, PSU, I-405, & downtown Portland.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: CARUTHERS ADD, BLOCK 36, E 50' OF LOT 3&4
  • Basement: Full Basement
  • Storage: Garage(s), Basement

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • View: City
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air - 95+%

Condo/Co-op/Association

  • Unit Features: Range, Storage, Unfurnished, Washer/Dryer Hookup

Schools

  • Elementary School: Ainsworth
  • Middle School: West Sylvan
  • High School: Lincoln

Lot Info

  • Lot Description: Gentle Sloping
  • Zoning: RH

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 9214.76
  • Assessor Parcel Number: R128763
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.78

MLS Schools

  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle School: West Sylvan

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
04/15/2019 04/15/19 Sold $465,000 -15.5% $116 / Sq Ft
03/13/2019 03/13/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $550,000 -- $137 / 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: 19520992

Regional Multiple Listing Service (RMLS)