Great Investor opportunity on this prime location plex. Conveniently located on the Max line & bus route. All 1 level in two buildings with newer roofs, newer vinyl windows & fenced patio areas. Off street parking & room for possible expansion too. All units rented month/month. Beat the foreclosure & get this at a great price! Do NOT Disturb tenants.
Multi-familyProperty Type
1967Year Built
$176Est. Price/Sq.Ft.
8 spacesParking
Listed by Roger Hough• Better Homes & Gardens Realty
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R293955
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 15, 2024.
TLDR
Transit Low-Density Residential District
The Transit Low Density Residential District designation is applied primarily to existing low-density residential neighborhoods within close proximity of light rail and/or bus transit service and is intended for residential uses including single detached dwellings and manufactured homes, duplexes, triplexes, quadplexes, townhouses, and cottage clusters at a maximum net density for single detached units of 20 units per acre and for townhouses of 25 units per acre. For all subdivisions, and for those partitions of parent parcels greater than 13,000 sq ft, a minimum net density of 10 units per acre is required. This district is intended to continue as a lower-density neighborhood, with housing on small lots. Manufactured dwelling parks are allowed at a maximum net density of 14 units per acre and a minimum net density of 7 units per acre.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Infrastructure-Other
Housing-Mobile home park
Property details
Parking
Parking Information
Parking Features: Assigned, Paved
Parking Total: 8
Interior
Appliances
Hot Water Description: Electricity
Interior Features
Storage: Individual Storage Units, Locked
Basement: Crawl Space
Multi Unit Information
# Of Units Total: 4
Unit Information
Unit Type: 1, 2, 3
Unit Type 1 Information
Actual Rent: $650
Baths Total: 1
Beds Total: 2
Features: Range, Refrigerator
Units Total: 2
Unit Type 2 Information
Actual Rent: $750
BathsTotal: 2
Beds Total: 3
Features: Range, Refrigerator
Units Total: 1
Unit Type 3 Information
Actual Rent: $520
Baths Total: 1
Beds Total: 1
Features: Range, Refrigerator
Units Total: 1
Exterior
Exterior Features
Roof: Composition
Exterior Description: Wood Siding
Lot Information
Lot Size Range: 20,000 SqFt to .99 Acres
Lot Size: 20,000 SqFt to .99 Acres
Lot Features: Level, On Busline
Parcel Number: R293955
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Approximately
View YN: No
Building Information
Year Built: 1967
Building Area Total: 3,318
Financial
Tax Information
Tax Legal Description: VERDANTA, LOT 14 TL 1300
Tax Annual Amount: $3,834.95
Rent Information
Rent Includes: Trash Collection
Lease / Rent Information
CAP Rate: 0.09
Gross Rent Multiplier: 7.63
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Baseboard
Cooling YN: No
Location
School Information
Elementary School: Wilkes
Middle Or Junior School: H.B. Lee
High School: Reynolds
Location Information
Directions: 168th and E Burnside, on Max Line
Unparsed Address: 16801 E BURNSIDE ST, Portland, OR 97233
Community Information
Zoning: LDR7
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Multnomah County
APN: R293955
Home facts updated by county records on Aug 15, 2024
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
K - 12
Preschool & daycare
Hartley Elementary School
Public K-5 • Assigned • 0.9mi
2/10
Reynolds Middle School
Public 6-8 • Assigned • 1.8mi
1/10
Reynolds High School
Public 9-12 • Assigned • 4.2mi
1/10
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 92° 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
23 unhealthy days expected this year, 27 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97233
Average low and high temperatures (°F)
46
36
49
37
57
42
64
44
70
49
76
54
82
57
83
60
76
55
61
46
52
43
49
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.8 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$556,000 – $673,000
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