NOT LISTED FOR SALE

7511 SW 69th Ave Portland, OR 97223

18 Beds
9 Baths
8,976 Sq Ft
1976 Built

Last Sold May 20, 2021

Last sale price $1,807,222 $201 Per Sq Ft

Highlights

  • Wood Burning Stove
  • Storage
  • 1-Story Property
  • Montclair Elementary School Rated A-

About This Home

As of May 2021

Fantastic opportunity to own 11 rental units. Great location with easy access to shops, restaurants, downtown, public transit. 6 buildings, 5 are duplex style, all are 2 bedroom, 1 bath units with 816sf, carport and 50sf storage unit. Fully rented out.

Last Agent to Sell the Property

Sarah Whitefield

RE/MAX Equity Group License #200609122 Listed on: 03/19/2021

RE/MAX Equity Group

Co-Listed By

James Polson

RE/MAX Equity Group License #921100114

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Parking

  • Carport

Home Design

  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Wood Burning Stove
  • Storage
  • Washer and Dryer Hookup
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 11 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 8976
  • Stories: 1
  • Year Built: 1976
  • Property Condition: Existing
  • Remarks Public: Fantastic opportunity to own 11 rental units. Great location with easy access to shops, restaurants, downtown, public transit. 6 buildings, 5 are duplex style, all are 2 bedroom, 1 bath units with 816sf, carport and 50sf storage unit. Fully rented out.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ACRES .75
  • Basement: Crawl Space
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Carport

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup, Wood Stove

Schools

  • Elementary School: Montclair
  • Middle School: Whitford
  • High School: Southridge

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 3
  • Green Verification HES Year: 2021

Lot Info

  • Zoning: RM2
  • Water Rights Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 14873.29
  • Assessor Parcel Number: R0221575
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6, 7, 8, 9
  • Number Of Units Total: 11
  • Gross Rent Multiplier: 13.74

MLS Schools

  • Elementary School: Montclair
  • High School: Southridge
  • Middle School: Whitford

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
05/20/2021 05/20/21 Sold $1,807,222 +0.4% $201 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $1,799,900 -- $201 / 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: 21666000

Regional Multiple Listing Service (RMLS)