NOT LISTED FOR SALE

Portland, OR 97210

Northwest District Neighborhood
-- Bed
4 Baths
6,924 Sq Ft
3,485 Sq Ft Lot

Last Sold February 04, 2020

Last sale price $2,000,000 $289 Per Sq Ft

130 Days on Market

Highlights

  • Board and Batten Siding
  • 90% Forced Air Heating System
  • Controlled Entrance
  • West Sylvan Middle School Rated A-
  • Laundry Facilities
  • Level Lot

About This Home

As of February 2020

Well maintained building with 20 units in the heart of NW Portland. Close to public transit, Providence Park,shops on NW 23rd and dining on NW 21st. The property has on-site laundry and storage.This building has very low vacancy rates, rarely has open apartments.Great opportunity at this price point.

Last Agent to Sell the Property

John Kieper

MORE Realty License #201229758 Listed on: 08/16/2019

MORE Realty

Last Buyer's Agent

Victoria Shah

MORE Realty License #201215124

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,964

Year Built

  • Built in 1910

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 6,924 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Natural lighting in basement

Parking

  • Off-Site Parking
  • Controlled Entrance

Schools

  • Chapman Elementary School
  • Lincoln High School

Utilities

  • No Cooling
  • 90% Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes electricity, heat, sewer, trashcollection, water
  • Assessor Parcel Number R198721

Community Details

Overview

  • 20 Units

Amenities

  • Common Area
  • Laundry Facilities

Building Details

  • Operating Expense $73,000
  • Gross Income $170,400
  • Net Operating Income $97,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,964

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1910
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 2000000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, FullBasement, StorageSpace
  • Storage: Basement,IndividualStorageUnits
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: BoardBattenSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: None, OffSite
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: Entry, Sidewalk
  • Cooling Y N: No
  • Heating: ForcedAir90
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Commons, Laundry

Schools

  • Elementary School: Chapman
  • High School: Lincoln

Lot Info

  • Zoning: RH
  • Parcel #: R198721

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Heat, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 8964.16

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 20
  • Gross Rent Multiplier: 11.73
  • Annual Gross Income: 170400.0
  • Property Net Operating Income: 97400.0
  • Annual Operating Expense: 73000.0
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2020 02/04/20 Sold $2,000,000 +0.1% $289 / Sq Ft
12/24/2019 12/24/19 Pending -- -- --
11/28/2019 11/28/19 Price Changed $1,999,000 -11.2% $289 / Sq Ft
08/16/2019 08/16/19 For Sale $2,250,000 -- $325 / 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
2025 $11,724 $435,500 -- --
2024 $11,302 $422,820 -- --
2023 $11,302 $410,510 -- --
2022 $10,633 $398,560 $0 $0
2021 $10,453 $386,960 $0 $0
2020 $9,588 $375,690 $0 $0
2019 $9,236 $364,750 $0 $0
2018 $8,964 $354,130 $0 $0
2017 $8,591 $343,820 $0 $0
2016 $7,862 $333,810 $0 $0
2015 $7,656 $324,090 $0 $0
2014 $7,540 $314,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    John Kieper

    MORE Realty

    (503) 517-9988

    6 Total Sales

    John Kieper
    Section Image

  • V

    Buyer's Agent in 2020

    Victoria Shah

    MORE Realty

    (503) 962-9653

    1 in this area

    33 Total Sales

    Victoria Shah
    Section Image
See All Agents

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19371752

Regional Multiple Listing Service (RMLS)

APN: 1N1E33CA 08200

Oregon Multnomah County Portland 97210

Northwest District

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes