Great investment opportunity. Completely rebuilt to today's code and ready to move in. All new plumbing, mechanical, electrical, wiring, drains, roof, windows, interiors, slab granite and laminate flooring throughout. Easy, low maintenance, one level property. 6.78% projected CAP!
Multi-familyProperty Type
1963Year Built
$303Est. Price/Sq.Ft.
6 spacesParking
Listed by Peter Jameson• J Residential Properties
Listed by Erin Jameson Maher• J Residential Properties
Bought with Peter Jameson• J Residential Properties
4-Plex with extensive capital improvements done in the last two years. New roof 2015, new exterior paint in 2016. Each unit has it own fenced back yard and covered patio area. Access to bus lines. Utilities include Garbage, Water, Sewer & Common Area electricity. Tenants pay their own electricity. Unit 1 rent increasing to $895 effective 4/1/2016.
RMLS #12047485
Oct 18, 2013
Sold
$244,000
$100/sq ft
Aug 31, 2013
Pending
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Aug 7, 2013
Price Changed
$240,000
$99/sq ft
May 22, 2013
Price Changed
$245,000
$101/sq ft
May 22, 2013
Relisted
—
May 4, 2013
Pending
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Apr 10, 2013
Price Changed
$240,000
$99/sq ft
Apr 9, 2013
Price Changed
$245,000
$101/sq ft
Apr 8, 2013
Relisted
—
Dec 4, 2012
Delisted
—
Oct 5, 2012
Price Changed
$250,000
$103/sq ft
Aug 29, 2012
Price Changed
$255,000
$105/sq ft
Aug 25, 2012
Price Changed
$258,000
$106/sq ft
Aug 12, 2012
Listed
$260,000
$107/sq ft
Priced to sell quickyly! Nice ranch style 4plex with stable income, Very low maintenance, each unit has its own fenced back yard and covered patio.On busline,convenient location to all. Please do not disturb tenants.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R573841
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Nov 23, 2023.
CMF
Corridor Multi-Family District
This district designation is applied to properties along segments of Transit Streets. The CMF district primarily provides opportunities for moderate-density residential development, including multifamily and middle housing. It also allows single detached dwellings along the NE Glisan and NE 162nd Avenue corridors. To help create a pleasant pedestrian environment, most new residential buildings will be oriented to public sidewalks, with parking lots behind or beside buildings. Standards will require that the scale of new housing diminish as buildings approach abutting lower density residential districts.
Permitted uses
Include but are not limited to:
Housing-Multiple units
Housing-Other
Infrastructure-Other
Property details
Parking
Parking Information
Parking Features: Open, Paved
Parking Total: 6
Interior
Appliances
Hot Water Description: Electricity, ENERGY STAR Qualified Equipment