DO NOT disturb tenants. This is an outstanding Goose Hollow investment opportunity.Bus, Max, & PSU only blocks away. Partial basement which is part of the main floor tenancy. Small garbage/recycling area in the middle portion of the basement. Main floor unit is a little larger than the upper unit. Unfinished Attic space accessed by the upper unit that might be a great conversion space for a 2nd bedroom.
Multi-familyProperty Type
1889Year Built
2,500 sq ftLot Size
$210Est. Price/Sq.Ft.
4 spacesParking
Listed by Keith Sjodin, P.C..• Windermere West LLC
Listed by Lisa Bradburn• Windermere West LLC
Bought with Tina Wyszynski• Cascade Sothebys International Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
3.5
Stories
4
Lot width
—
Lot depth
—
Lot size
2,500
Year renovated
2020
Sq. Ft.
2,497
Year built
1889
Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R246927
Parking Spaces
4
Basement
Yes
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Aug 29, 2020.
RM3
D
Residential Multi-Dwelling 3 Zone
The RM3 zone is a medium to high density multi-dwelling zone applied near the Central City, and in centers, station areas, and along civic corridors that are served by frequent transit and are close to commercial services. It is intended for compact, urban development with a high percentage of building coverage and a strong building orientation to the pedestrian environment of streets. This zone is intended for areas where the established residential character includes landscaped front setbacks. Allowed housing is characterized by mid-rise buildings up to six stories tall. The Design overlay zone is applied to this zone.
Zone overlays
Design Overlay Zone
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Park & open space
Property details
Parking
Parking Information
Parking Features: Paved
Parking Total: 4
Interior
Virtual Tour Information
Has Virtual Tour Unbranded: Yes
Has Virtual Tour Unbranded 2: Yes
Appliances
Hot Water Description: Electricity
Interior Features
Storage: Basement
Basement: Dirt Floor, Partial Basement
Exterior
Exterior Features
Roof: Composition
Exterior Description: Other
Lot Information
Lot Size Range: 0K to 2,999 SqFt
Lot Size: 0K to 2,999 SqFt
Parcel Number: R246927
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Approximately
View YN: No
Building Information
Year Built: 1889
Building Area Total: 1,497
Financial
Tax Information
Tax Year: 2017
Tax Legal Description: PORTLAND, BLOCK SW1/4X, E 25' OF W 50' OF LOT 3&4
Tax Annual Amount: $4,866.93
Rent Information
Rent Includes: Sewer, Water
Lease / Rent Information
CAP Rate: 4.82
Gross Rent Multiplier: 16.0
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Wall Furnace
Cooling YN: No
Location
Multi Unit Information
# Of Units Total: 2
Unit Information
Unit Type: 1
Unit Type 1 Information
Actual Rent: $1,250
Area: 700
Baths Total: 1
Beds Total: 1
Features: Range, Refrigerator
Units Total: 2
Unit Type 2 Information
Features: Range, Refrigerator
Location Information
Directions: Jefferson or Columbia north on 14th which turns into Market
Unparsed Address: 1511 SW MARKET ST, Portland, OR 97201
Community Information
Zoning: Resid
Public facts
Beds: 4
Baths: 3.5
Sq. Ft.: 2,497
Stories: 2.0
Parking Spaces: 4
Basement: Yes
Accessible: No
Lot Size: 2,500 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1889
Year Renovated: 2020
County: Multnomah County
APN: R246927
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Aug 29, 2020
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
Chapman Elementary School
Public K-5 • Assigned • 1.4mi
5/10
West Sylvan Middle School
Public 6-8 • Assigned • 3.6mi
6/10
Lincoln High School
Public 9-12 • Assigned • 0.2mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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 91° 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
19 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97201
Average low and high temperatures (°F)
46
37
49
39
56
44
64
46
70
51
75
55
82
59
83
62
75
58
62
49
52
44
50
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.5 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$498,000 – $603,000
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