Ranch Style house with an apartment downstairs with separate entrance. 2 bedroom, 1 bath upstairs with Wood Burning Fireplace, Wood Floors! Downstairs 3 Bedrooms, 1 Bath and Kitchen. LARGE YARD- Fully Fenced. Off Street Parking and parking in driveway. Garage was converted to BONUS room and not in Sq Footage. Currently upstairs is rented and downstairs 2 or 3 bedrooms rented. Buyers can do owner occupied and give 90 day notice to tenants or live upstairs and rent out the other rooms!Near shopping, grocery stores, I-5 and 99W, 217. Sweet Spot and on a busline! Home tucked away and private! Washer,Dryer, Refrigerator and both stoves to stay. Rents bring in $70380 last year, expenditures were $7882.29 for Utilities and $24000 in costs! Utilities included in the Rent!! Great little cash flow! Across the street from West Hills Christian School.
Knipe Realty ERA PoweredBrokerage Phone: 503-853-2749License #970300189Listed on: 04/01/2025
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,628
Year Built
Built in 1953 | Remodeled
Lot Details
Private Lot
Gentle Sloping Lot
Hilly Lot
Home Design
Slab Foundation
Composition Roof
Wood Siding
Concrete Perimeter Foundation
Interior Spaces
2-Story Property
Furnished
Finished Basement
Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
5 Bedrooms
2 Bathrooms
Parking
5 Parking Spaces
Driveway
Off-Street Parking
Location
Property is near a bus stop
Schools
Rieke Elementary School
Robert Gray Middle School
Ida B Wells High School
Utilities
Forced Air Heating and Cooling System
Heat Pump System
Electric Water Heater
High Speed Internet
Listing and Financial Details
Assessor Parcel Number R330173
Community Details
Overview
No Home Owners Association
4 Units
Building Details
Operating Expense $7,882
Gross Income $70,380
Net Operating Income $38,498
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,628
Year Built
Built in 1953 | Remodeled
Lot Details
0
Listing Details
Standard Status: Active
MLS Status: Active
Property Type: MultiFamily
Stories: 2
Year Built: 1953
Property Condition: UpdatedRemodeled
Property Attached Yn: No
Open House: No
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Basement: Finished, FullBasement
Storage: None
Total Bedrooms: 5
Lot Size Range: SqFt7000to9999
Exterior Features
Exterior Description: WoodSiding
Lot Size: 7,000 to 9,999 SqFt
Foundation Details: ConcretePerimeter, Slab
View: No
Lot Features: GentleSloping, Hilly, OnBusline, Private, PublicRoad
Road Surface Type: Paved
Roof: Composition
Garage/Parking
Parking Description: Driveway, OffStreet
Attached Garage: No
Total Parking Spaces: 5.0
Utilities
Energy Efficiency Features: DoublePaneWindows,HeatPump
Fuel Description: Electricity
Hot Water: Electricity
Internet Service Type: DSL,FiberOptics
Security: None
Cooling: CentralAir, HeatPump
Cooling Y N: Yes
Heating: ForcedAir, HeatPump
Heating Yn: Yes
Sewer: PublicSewer
Water Source: PublicWater
Condo/Co-op/Association
Community Features: CentralAir
Association: No
Schools
Elementary School: Rieke
High School: Ida B Wells
Middle Or Junior School: Robert Gray
Lot Info
Zoning: RM1
Parcel #: R330173
Green Features
Green Certification: No
Rental Info
Rent Includes: Electricity, TrashCollection, Water
Tax Info
Tax Deferral: No
Tax Year: 2024
Tax Annual Amount: 6627.5
Tax Opportunity Zone: No
Multi Family
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Number Of Units Total: 4
Gross Rent Multiplier: 8.81
Annual Gross Income: 70380.0
Property Net Operating Income: 38498.0
Annual Operating Expense: 7882.0
Map
Range of Values:
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Average Value
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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
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
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