$380,000
SOLD JAN 1, 2018

7434 SE 83rd Ave Unit 7436 Portland, OR 97266

Lents Neighborhood
-- Bed
-- Bath
1,680 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$226 Per Sq Ft

7% Below List Price

13 Days on Market

Highlights

  • Guest Parking
  • Level Lot
  • 1-Story Property
  • Baseboard Heating
  • Wood Siding

About This Home

As of October 2021

Prime location! Lents duplex investment opportunity! Easy access to I205. Rent out one side and live in the other or rent both out for cash flow. Your chance to own 1 or 2 duplexes in the up and coming Lents Neighborhood. See rmls# 17608182 for the second duplex. Rents well below market. Unit next door in identical building just rented for $1,495

Last Agent to Sell the Property

Benjamin Droukas

Windermere Realty Trust License #200401007 Listed on: 11/07/2017

Windermere Realty Trust

Last Buyer's Agent

Nick Krautter

City and State Real Estate License #200601292

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,428

Year Built

  • Built in 1973

Lot Details

  • Level Lot

Parking

  • 4 Car Garage
  • Carport
  • Guest Parking

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Kelly Elementary School
  • Lane Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R108883

Community Details

Overview

  • 2 Units
  • Property managed by Darla Andrews

Building Details

  • Operating Expense $8,091
  • Gross Income $27,480
  • Net Operating Income $19,389

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,428

Year Built

Built in 1973

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1973
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Carport, Guest
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Management Name: Darla Andrews

Schools

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

Lot Info

  • Zoning: R2
  • Parcel #: R108883

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.52
  • Annual Gross Income: 27480.0
  • Property Net Operating Income: 19389.0
  • Annual Operating Expense: 8091.0

Tax Info

  • Tax Annual Amount: 3428.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Oct 21, 2021
Sold by
Graham Clayton
Bought by
Todd Davon
Seller's Agent
Nick Krautter
City and State Real Estate
Buyer's Agent
Javier Alomia
Real Broker
List Price
$429,900
Sold Price
$429,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
Original Mortgage
$439,787
Outstanding Balance
$406,230
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$64,638

Purchase Details

Listed on
Nov 7, 2017
Closed on
Dec 18, 2017
Sold by
Hopman Molly
Bought by
Graham Clayton
Seller's Agent
Benjamin Droukas
Windermere Realty Trust
Buyer's Agent
Nick Krautter
City and State Real Estate
List Price
$409,000
Sold Price
$380,000
Premium/Discount to List
-$29,000
-7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$285,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2004
Sold by
Hopman Leo R and Hopman Molly
Bought by
Hopman Leo R and Hopman Molly
Source: Public Records

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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $429,900 Old Republic Title Company
Warranty Deed $380,000 Lawyers Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $439,787 VA
Previous Owner $285,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Price Changed $494,999 -1.0% --
05/23/2025 05/23/25 Price Changed $499,999 -2.0% --
05/13/2025 05/13/25 Price Changed $510,000 -2.9% --
04/18/2025 04/18/25 For Sale $525,000 +22.1% --
10/29/2021 10/29/21 Sold $429,900 0.0% $256 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $429,900 +13.1% $256 / Sq Ft
01/01/2018 01/01/18 Sold $380,000 -7.1% $226 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $409,000 -- $243 / 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
2023 $4,927 $178,780 $0 $0
2022 $4,635 $173,580 $0 $0
2021 $4,557 $168,530 $0 $0
2020 $4,180 $163,630 $0 $0
2019 $4,027 $158,870 $0 $0
2018 $3,908 $154,250 $0 $0
2017 $3,746 $149,760 $0 $0
2016 $3,428 $145,400 $0 $0
2015 $3,338 $141,170 $0 $0
2014 $3,097 $137,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17373087

Regional Multiple Listing Service (RMLS)

APN: R108883