NOT LISTED FOR SALE
-- Bed
-- Bath
22,775 Sq Ft
0.85 Acre Lot

Sale Details

Date Sold: December 17, 2024

Last sale price $3,450,000 $151 Per Sq Ft

117 Days on Market

Highlights

  • 0.85 Acre Lot
  • Wood Siding
  • Heating System Mounted To A Wall or Window

About This Home

As of December 2024

Price improved by $250K! 3-story apartment complex features 22 apartment units, 36 parking spots (14 surface & 22 carports), a single-family home built in 1935 and a picnic area with table and play structure. Rent includes utilities of water & sewer with garbage & recycling area. NO HOA.

Last Agent to Sell the Property

Bradley King

Keller Williams Realty Portland Premiere License #201235429 Listed on: 07/03/2024

Keller Williams Realty Portland Premiere

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,659

Year Built

  • Built in 2004

Lot Details

  • 37,026 Sq Ft Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 22,775 Sq Ft Home
  • 3-Story Property

Parking

  • 36 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R339494

Community Details

Overview

  • 22 Units

Building Details

  • Operating Expense $210,805
  • Gross Income $288,980
  • Net Operating Income $78,175

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,659

Year Built

Built in 2004

Lot Details

0.85 Acres

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 2004
  • Property Attached Yn: No
  • Current Price For Status: 3450000.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No
  • Total Parking Spaces: 36.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Middle Or Junior School: Other

Lot Info

  • Zoning: MDR-24
  • Lot Size Acres: 0.85
  • Lot Size Sq Ft: 37026.0
  • Parcel #: R339494

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 29658.91

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 22
  • Gross Rent Multiplier: 12.46
  • Annual Gross Income: 288980.0
  • Property Net Operating Income: 78175.0
  • Annual Operating Expense: 210805.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/17/2024 12/17/24 Sold $3,450,000 -4.2% $151 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
10/15/2024 10/15/24 Price Changed $3,600,000 -10.0% $158 / Sq Ft
07/25/2024 07/25/24 Price Changed $3,999,000 -5.9% $176 / Sq Ft
07/03/2024 07/03/24 For Sale $4,250,000 -- $187 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $34,008 $1,671,200 -- --
2024 $32,554 $1,622,530 -- --
2023 $29,659 $1,575,280 $0 $0
2022 $28,829 $1,529,400 $0 $0
2021 $28,103 $1,484,860 $0 $0
2020 $26,442 $1,441,620 $0 $0
2019 $25,750 $1,399,640 $0 $0
2018 $24,552 $1,358,880 $0 $0
2017 $23,556 $1,319,310 $0 $0
2016 $20,768 $1,280,890 $0 $0
2015 $20,320 $1,243,590 $0 $0
2014 $19,825 $1,207,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24451379

Regional Multiple Listing Service (RMLS)

APN: 1S3E11CC 01600

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