$900,000
SOLD JAN 31, 2012
-- Bed
-- Bath
12,604 Sq Ft
1910 Built

Recently Sold

$71 Per Sq Ft

2% Above List Price

5 Days on Market

Highlights

  • Corner Lot
  • Laundry Facilities
  • Controlled Entrance
  • Forced Air Heating System

About This Home

As of September 2015

Excellent rental location in the heart of Kenton's thriving business district. PortlandNeighborhood.com predicts Kenton is the next up & coming neighborhood. They say "our advice to you is to get in while you still can!" 2 blocks to MAX. 1/2 mile to 1-5. Walk Score of 82. Some deferred maint. Upside potential in net income. New windows approx. 5 yrs ago. Solid investment.

Last Agent to Sell the Property

Kathy Rogers

Township Properties Brokerage Phone: License #200012037 Listed on: 11/14/2011

Co-Listed By

Jennifer Raze

eXp Realty, LLC Brokerage Phone: License #960700076

Last Buyer's Agent

Herb Hamilton

RE/MAX Preferred Inc., REALTORS License #880300046

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,757

Year Built

  • Built in 1910

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Controlled Entrance

Home Design

  • Flat Roof Shape

Interior Spaces

  • 12,604 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Chief Joseph Elementary School
  • Ockley Green Middle School
  • Jefferson High School

Utilities

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

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R196513

Community Details

Overview

  • 16 Units
  • Kenton Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $51,984
  • Gross Income $126,660
  • Net Operating Income $59,639

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,757

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 Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, Unfinished
  • Storage: Basement
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Other
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Disclosures: Exempt
  • Roof: Flat

Garage/Parking

  • Parking Description: None
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: Entry
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Chief Joseph
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: R2
  • Parcel #: R196513

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 16
  • Gross Rent Multiplier: 6.94
  • Annual Gross Income: 126660.0
  • Property Net Operating Income: 59639.0
  • Annual Operating Expense: 51984.0

Tax Info

  • Tax Annual Amount: 7756.59

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Range of Values:

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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
09/01/2015 09/01/15 Sold $2,100,000 0.0% --
10/14/2014 10/14/14 Pending -- -- --
10/14/2014 10/14/14 For Sale $2,100,000 +133.3% --
01/31/2012 01/31/12 Sold $900,000 +2.4% $71 / Sq Ft
11/19/2011 11/19/11 Pending -- -- --
11/14/2011 11/14/11 For Sale $879,000 -- $70 / 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: 11424192

Regional Multiple Listing Service (RMLS)

APN: R196513