$635,000
SOLD APR 23, 2025

916 SE 35th Ave Unit 918 Portland, OR 97214

Sunnyside Neighborhood
-- Bed
-- Bath
2,593 Sq Ft
3,484 Sq Ft Lot

Recently Sold

$245 Per Sq Ft

2% Below List Price

328 Days on Market

Highlights

  • 95% Forced Air Heating System
  • Level Lot
  • 2-minute walk to Sunnyside School Park
  • Laundry Facilities
  • Lap Siding

About This Home

As of April 2025

Fantastic opportunity in the heart of Belmont! Old PDX style duplex just one block off Belmont. Solid tenants on month to month leases. Great chance to get into the Portland real estate market. Separate electric and gas meters. Shared basement has washer/dryer. Anderson windows in 2022, and hardi-plank siding. Walk score 97. Bike score 100. Prime location and easy to rent!

Last Agent to Sell the Property

Mikal Apenes

Windermere Realty Trust License #200404220

Windermere Realty Trust

Last Buyer's Agent

Brittany Gibbs

Move Real Estate Inc License #201209867

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,543

Year Built

  • Built in 1907 | Remodeled

Lot Details

  • 3,484 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,593 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Partial Basement

Schools

  • Sunnyside Env Elementary And Middle School
  • Franklin High School

Utilities

  • No Cooling
  • 95% Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number R280531

Community Details

Overview

  • 2 Units
  • Belmont / Hawthorne Subdivision
  • Property managed by owner manages

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $8,200
  • Gross Income $46,200
  • Net Operating Income $38,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,543

Year Built

Built in 1907 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1907
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartialBasement, Unfinished
  • Storage: Basement
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: owner manages
  • Community Features: Laundry

Schools

  • Elementary School: Sunnyside Env
  • High School: Franklin
  • Middle Or Junior School: Sunnyside Env

Lot Info

  • Zoning: R1
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484.0
  • Parcel #: R280531

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6542.75

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.07
  • Annual Gross Income: 46200.0
  • Property Net Operating Income: 38000.0
  • Annual Operating Expense: 8200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Apr 18, 2025
Sold by
Madsen Ann Kristin
Bought by
Bello Roland and Colombo Emanuel
Seller's Agent
Mikal Apenes
Windermere Realty Trust
Buyer's Agent
Brittany Gibbs
Move Real Estate Inc
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Total Days on Market
328
Views
183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
990.84%
Original Mortgage
$508,000
Outstanding Balance
$508,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$207,586

Purchase Details

Closed on
Jul 25, 2000
Sold by
Reid Peter J
Bought by
Madsen Ann Kristin

Purchase Details

Closed on
Aug 27, 1997
Sold by
Miller Lawrence B
Bought by
Madsen Ann Kristin and Reid Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 1996
Sold by
Atchley Judith R
Bought by
Atchley Judith Rochios and The Judith Rochios Atchley Family Trust

Purchase Details

Closed on
Apr 21, 1995
Sold by
Schneider Richard
Bought by
Schneider Richard I and Schneider Kathleen D

Map

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $635,000 First American Title
Bargain Sale Deed $1,000 Oregon Title Insurance Co
Warranty Deed $149,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $508,000 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $134,100 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Sold $635,000 -2.3% $245 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
06/05/2024 06/05/24 For Sale $650,000 0.0% $251 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $650,000 -- $251 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $6,543 $237,420 $0 $0
2022 $6,155 $230,510 $0 $0
2021 $6,051 $223,800 $0 $0
2020 $5,551 $217,290 $0 $0
2019 $5,347 $210,970 $0 $0
2018 $5,190 $204,830 $0 $0
2017 $4,974 $198,870 $0 $0
2016 $4,552 $193,080 $0 $0
2015 $4,433 $187,460 $0 $0
2014 $4,366 $182,000 $0 $0
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24444676

Regional Multiple Listing Service (RMLS)

APN: R280531