1922 NE 15TH AVE, Portland, OR 97212

$1,295,000
List Price
$1,295,000
Days on Market
5
MLS#
20081657
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland Northeast
Status
Active

Property Description

Bike score = 94, walk score 85. All parties to cooperate in 1031 exchange. Classic original Irvington 4 plex w/ 4 garages. Hardwood floors & fireplaces in each unit. Zoning is R1, meaning 4 more units can be added to this property for 8 total. Offers subject to inspection. Owner is a licensed real estate broker in Oregon.

Additional Information

Tax Amount
$8,007
Year Built
1925
High School
Grant
Elementary School
Irvington
Middle School
Irvington
Subdivision
Irvington
Terms
Cash, Conventional
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Gas
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
4476
Capitalization Rate
3.82
Operating Expenses Actual
24234
Gross Income Actual
73716
Gross Rent Multiplier
17.57
Net Income Actual
49482
Occupancy Types
Leased
Covenants/Restrictions
No
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1565
Unit Type One Sq Ft
800
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
1499
Unit Type Two Sq Ft
800
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1580
Unit Type Three Sq Ft
800
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Rent
1499
Unit Type Four Sq Ft
800
Unit Type Four Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Windermere Realty Trust.

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