$620,000
PENDING $20K PRICE DROP

7922 SW Capitol Hill Rd Portland, OR 97219

Hillsdale Neighborhood

Estimated payment $3,986/month

Total Views 7,955
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Hilly Lot
  • Private Lot
  • No HOA
  • Rieke Elementary School Rated A-
  • Furnished
  • Property is near a bus stop

About This Home

Ranch Style house with an apartment downstairs with separate entrance. 2 bedroom, 1 bath upstairs with Wood Burning Fireplace, Wood Floors, Living Room, Kitchen and Dining Room! Deck to front yard from French Doors in Living room. Fully Fenced in with Mature Landscape and room for garden! On Busline and near Safeway and a School. Covered Patio off Bedrooms upstairs. Downstairs 3 Bedrooms, 1 Bath and Kitchen. Tenants downstairs share kitchen and bathroom. 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 vacant and downstairs 2 of 3 bedrooms rented. Buyers can do owner occupied and give 90 day notice to tenants or live upstairs and rent out the other rooms downstairs! 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.

Listing Agent

Kimberly Russell

Knipe Realty ERA Powered Brokerage Phone: 503-853-2749 License #970300189 Listed on: 04/01/2025

Knipe Realty ERA Powered

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: Pending
  • MLS Status: Pending
  • 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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,628 $240,720 $0 $0
2022 $6,235 $233,710 $0 $0
2021 $6,129 $226,910 $0 $0
2020 $5,623 $220,310 $0 $0
2019 $5,416 $213,900 $0 $0
2018 $5,257 $207,670 $0 $0
2017 $5,038 $201,630 $0 $0
2016 $4,611 $195,760 $0 $0
2015 $4,490 $190,060 $0 $0
2014 $4,422 $184,530 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2025 06/14/25 Pending -- -- --
04/26/2025 04/26/25 Price Changed $620,000 -3.1% $325 / Sq Ft
04/03/2025 04/03/25 Price Changed $640,000 -0.8% $335 / Sq Ft
04/01/2025 04/01/25 For Sale $645,000 -- $338 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $196,000 Wfg Title
Bargain Sale Deed -- Chicago Title Insurance Co
Warranty Deed $385,000 Stewart
Interfamily Deed Transfer -- Accommodation
Warranty Deed $239,000 Stewart
Interfamily Deed Transfer $20,000 Pacific Nw Title
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $155,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $290,150 New Conventional
Closed $73,000 Credit Line Revolving
Closed $294,000 New Conventional
Previous Owner $117,000 Credit Line Revolving
Previous Owner $156,800 New Conventional
Previous Owner $77,000 Stand Alone Second
Previous Owner $308,000 Purchase Money Mortgage
Previous Owner $123,750 Credit Line Revolving
Previous Owner $191,200 Purchase Money Mortgage
Previous Owner $158,000 Purchase Money Mortgage
Previous Owner $135,000 Purchase Money Mortgage
Previous Owner $124,000 Purchase Money Mortgage
Closed $47,800 No Value Available
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 432837642

Regional Multiple Listing Service (RMLS)

APN: R330173