Great rental property in Clackamas County. Well maintained 4 plex on quiet street. Convenient location with easy access to I205 & HWY 212. Updates over last 5 yrs as needed included siding, gutters, carpet and appliances. Single car garage for each unit, plus small storage space. All units occupied, Please do not disturb tenants. Projected estimates show Cap Rate 7.9% and Gross Multiplier 10.96%. Possible assumable loan. Possible 1031 exchange. Buyer to verify all information. Listing Agent related to Seller
Incredible cash flowing 4-plex in Clackamas. New roof installed in 2018 along with majority of windows. Each unit has been renovated with Tile floors, new cabinetry, granite countertops, carpet, paint, etc. Actual gross income at about 66k/yr with Pro Forma showing closer to 80k/yr! Owner is licensed broker in the state of Oregon.
RMLS #14566163
Mar 27, 2015
Sold
$335,000
$86/sq ft
Sep 25, 2014
Pending
—
Aug 17, 2014
Price Changed
$350,000
$90/sq ft
Aug 17, 2014
Relisted
—
Aug 16, 2014
Delisted
—
Jul 14, 2014
Price Changed
$375,000
$97/sq ft
May 26, 2014
Price Changed
$400,000
$103/sq ft
Apr 14, 2014
Price Changed
$425,000
$109/sq ft
Mar 21, 2014
Price Changed
$450,000
$116/sq ft
Feb 23, 2014
Price Changed
$475,000
$122/sq ft
Jan 17, 2014
Listed
$500,000
$129/sq ft
+7
Fantastic location: close to shopping, public transit, schools, and freeway access. All units have a garage on a quiet, dead-end street. Great rents as well. Note that the seller is a licensed real estate agent in the State of Oregon.
High Density Residential District is adopted to implement the policies of the Comprehensive Plan for Low Density Residential, Village Standard Lot Residential, Village Small Lot Residential, Village Townhouse, Medium Density Residential, Medium High Density Residential, High Density Residential, Special High Density Residential, Village Apartment, and Regional Center High Density Residential areas.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Multiple units
Housing-Senior
Bed & breakfast
Recreation
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 93° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
18 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Clackamas, OR • 97015
Average low and high temperatures (°F)
48
36
49
38
57
42
64
44
70
49
76
54
84
58
83
59
77
56
63
47
53
43
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
72/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.8 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 9001 SE Clackamas Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $560,000 and $845,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $560K to $845K.