NOT LISTED FOR SALE

816 SE Cesar Estrada Chavez Blvd Portland, OR 97214

Sunnyside Neighborhood
6 Beds
10 Baths
10,634 Sq Ft
1911 Built

Last Sold March 22, 2019

Last sale price $1,500,000 $141 Per Sq Ft

94 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Views
  • Glencoe Elementary School Rated A-
  • Air Conditioning
  • Storage

About This Home

As of March 2019

Recent condo conversion complete, 6 residential and 4 commercial condos, major upside if sold individually. HOA established. Unique opportunity to own a commercial/Residential building in one of the most desirable parts of Portland. On site parking. Look at the Cap Rate!! Good upside to rents! Always rented! Projected Cap rate 6% "Huge price reduction" Seller says bring me your offers!

Last Agent to Sell the Property

Steve Barnes

Weichert, Realtors on Main Street License #990800048 Listed on: 08/14/2018

Weichert, Realtors on Main Street

Last Buyer's Agent

Steve Barnes

Weichert, Realtors on Main Street License #990800048 Listed on: 08/14/2018

Weichert, Realtors on Main Street

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Assigned Parking

Home Design

  • Converted Dwelling

Interior Spaces

  • 2-Story Property
  • Storage
  • Basement Fills Entire Space Under The House
  • Property Views

Kitchen

  • Dishwasher
  • Disposal

Outdoor Features

  • Deck

Utilities

  • Air Conditioning
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 10 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Parking

10

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 10634
  • Stories: 2
  • Year Built: 1911
  • Property Condition: Converted
  • Remarks Public: Recent condo conversion complete, 6 residential and 4 commercial condos, major upside if sold individually. HOA established. Unique opportunity to own a commercial/Residential building in one of the most desirable parts of Portland. On site parking. Look at the Cap Rate!! Good upside to rents! Always rented! Projected Cap rate 6% "Huge price reduction" Seller says bring me your offers!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: BE THIRTY NINE LOFTS CONDOMINIUM, GENERAL COMMON ELEMENTS
  • Basement: Full Basement
  • Storage: Individual Storage Units

Exterior Features

  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Flat
  • View: City
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 10
  • Parking Description: Assigned

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Deck, Dishwasher, Disposal, Air Conditioning

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: CN2

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 17008.00
  • Assessor Parcel Number: R687671
  • Assessor Parcel Number 2: R687672
  • Assessor Parcel Number 3: R687681
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 11.93

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

Property History

Date Event Price Change Sq Ft Price
03/22/2019 03/22/19 Sold $1,500,000 -21.1% $141 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $1,900,000 -- $179 / 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: 18620825

Regional Multiple Listing Service (RMLS)