$1,700,000
SOLD NOV 4, 2022

9815 SE Division St Unit 9833 Portland, OR 97266

Hazelwood Neighborhood
-- Bed
-- Bath
8,612 Sq Ft
0.37 Acres

Recently Sold

$197 Per Sq Ft

6% Below List Price

46 Days on Market

Highlights

  • Property is near a bus stop
  • Laundry Facilities
  • Wood Siding
  • Baseboard Heating
  • Level Lot

About This Home

As of November 2022

Solid turnkey remodeled 10-unit investment opportunityw/great access to the trendy Hawthorne + Division districts.The convenient location includes fantastic public transit,quick freeway access to the city, and is close to grocery stores, restaurants + shopping. Unit mix consisting of four large one-bedroom units, five large two-bedroom one bath units + a two bedroom, two bath unit. Both tenant and guest parking on site. A shared laundry provides extra monthly income.

Last Agent to Sell the Property

Jeffrey Capen

Windermere Realty Trust License #200308199 Listed on: 07/11/2022

Windermere Realty Trust

Co-Listed By

John McClain

Windermere Realty Trust License #201218259

Last Buyer's Agent

Randy Schumock

John L. Scott License #910200137

John L. Scott

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,632

Year Built

  • Built in 1965 | Remodeled

Home Design

  • Built-Up Roof
  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 8,612 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • Paved Parking
  • Open Parking

Schools

  • Cherry Park Elementary School
  • Floyd Light Middle School
  • David Douglas High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Level Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number R332437

Community Details

Overview

  • 10 Units
  • Powellhurst Gilbert Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Building Details

  • Operating Expense $35,184
  • Gross Income $142,584
  • Net Operating Income $107,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,632

Year Built

Built in 1965 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1965
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: Acres10to20

Exterior Features

  • Exterior Description: T111Siding,WoodSiding
  • Lot Size: 10 to 19.99 Acres
  • View: No
  • Lot Features: Commons, Level, OnBusline
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: BuiltUp

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Cherry Park
  • High School: David Douglas
  • Middle Or Junior School: Floyd Light

Lot Info

  • Zoning: CM2
  • Parcel #: R332437

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 13631.56

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 11.92
  • Annual Gross Income: 142584.0
  • Property Net Operating Income: 107400.0
  • Annual Operating Expense: 35184.0

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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
11/04/2022 11/04/22 Sold $1,700,000 0.0% $197 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/09/2022 08/09/22 Price Changed $1,699,900 -5.6% $197 / Sq Ft
07/11/2022 07/11/22 For Sale $1,799,900 +89.7% $209 / Sq Ft
09/11/2015 09/11/15 Sold $948,600 0.0% $110 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $948,600 +95.6% $110 / Sq Ft
04/30/2012 04/30/12 Sold $485,000 -10.0% $56 / Sq Ft
02/28/2012 02/28/12 Pending -- -- --
01/15/2012 01/15/12 For Sale $539,000 -- $63 / 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: 22152903

Regional Multiple Listing Service (RMLS)

APN: 1S2E04DD 02200