NOT LISTED FOR SALE

8307 N Fowler Ave Unit 8317 Portland, OR 97217

Kenton Neighborhood
-- Bed
5 Baths
3,558 Sq Ft
8,276 Sq Ft Lot

Last Sold June 09, 2023

Last sale price $710,000 $200 Per Sq Ft

Highlights

  • Laundry Facilities
  • Wood Siding
  • 1-Story Property
  • Level Lot
  • No Heating

About This Home

As of June 2023

This 5plex in the desirable neighborhood of Kenton offers an exceptional investment opportunity. With low rents and lots of potential, this property is a smart choice for investors looking to maximize their returns. Each unit features 2 bedrooms and 1 bath. Laundry room on site. Off street parking. Easy access to a plethora of amenities, including shops, restaurants, public transportation, and parks. Don't miss out on this fantastic opportunity. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Cindy Somsanith

Farrell Realty & Property Management, Inc License #201203724 Listed on: 05/19/2023

Last Buyer's Agent

Antoine Dean

24/7 Properties License #201212449

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,843

Year Built

  • Built in 1959

Lot Details

  • Level Lot

Parking

  • 8 Car Garage
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,558 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Peninsula Elementary School
  • Ockley Green Middle School
  • Roosevelt High School

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R292709

Community Details

Overview

  • 5 Units
  • Kenton Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $25,025
  • Gross Income $59,040
  • Net Operating Income $34,555

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,843

Year Built

Built in 1959

Lot Details

0

Parking

8

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1959
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • High School2: Roosevelt
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Brick,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Roof: Composition

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No
  • Garage Spaces: 8.0
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Peninsula
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: R2.5
  • Parcel #: R292709

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 6843.26

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 10.99
  • Annual Gross Income: 59040.0
  • Property Net Operating Income: 34555.0
  • Annual Operating Expense: 25025.0

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
06/09/2023 06/09/23 Sold $710,000 +9.4% $200 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $649,000 -- $182 / 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: 23024490

Regional Multiple Listing Service (RMLS)

APN: 1N1E08DA 04900