Estimated Value: $1,200,000 - $1,258,000
Rare - "Turn Key" 4-plex with detached garages. Newer roof, gutters, siding, painting, etc. Vinyl windows. Very well maintained. Great Cash Flow. Actual Gross Income at nearly $80k/yr. Great location in Clackamas County. All units easily rented.
Last Agent to Sell the Property
Legacy Realty Group License #871100150 Listed on: 02/11/2020
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Additional Features
Community Details
Listing and Financial Details
$1,299,000
Great rental property in Clackamas County. Well maintained 4-plex on dead end street. Convenient location, easy access to I205 & HWY 212. Updates over last 5 yrs as needed include siding, gutters, carpet and appliances. Single car garage for each unit, plus small storage space. Projected estimates show Cap Rate over 6% and Gross Rent at 13% Multiplier. Possible assumable loan, Please do not
Joann Horner Oregon First
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Clackamas Road Apartmnts Llc | -- | None Available | |
| Labuhn Chris | $897,500 | First American | |
| Young Robert Leroy | $550,000 | First American Title | |
| Ramsey Arthur W | $524,000 | Fidelity National Title | |
| Swayze Darlene D | -- | None Available | |
| Swayze Lewis E | $195,000 | Stewart Title |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Labuhn Chris | $667,500 | |
| Previous Owner | Young Robert Leroy | $550,000 | |
| Previous Owner | Ramsey Arthur W | $384,000 | |
| Previous Owner | Swayze Lewis E | $125,200 | |
| Previous Owner | Swayze Lewis E | $146,200 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2020 05/05/20 | Sold | $897,500 | +0.3% | $231 / Sq Ft |
| 02/12/2020 02/12/20 | Pending | -- | -- | -- |
| 02/11/2020 02/11/20 | For Sale | $895,000 | -- | $230 / Sq Ft |
| 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 | $8,011 | $415,338 | $0 | $0 |
| 2022 | $7,362 | $403,241 | $0 | $0 |
| 2021 | $7,090 | $391,497 | $0 | $0 |
| 2020 | $6,862 | $380,095 | $0 | $0 |
| 2019 | $6,763 | $369,025 | $0 | $0 |
| 2018 | $5,910 | $358,277 | $0 | $0 |
| 2017 | $5,717 | $347,842 | $0 | $0 |
| 2016 | $5,510 | $337,711 | $0 | $0 |
| 2015 | $5,351 | $327,875 | $0 | $0 |
| 2014 | $4,995 | $318,325 | $0 | $0 |
R
Seller's Agent in 2020
Rob Young
Legacy Realty Group
(503) 890-5863
60 Total Sales
Buyer's Agent in 2020
Tom Ramsey
John L Scott Portland SW
(503) 481-0501
119 Total Sales
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 20688563
APN: 00473384
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