Great 4-plex investment opportunity! 5.13% CAP on proforma numbers. Garage parking and storage room included. This listing is for the properties commonly known as 6640 (unit #'s 1-4) SW Terri Ct, Portland, OR 97225. Tax ID's are: R2159459, R2159460, R2159461, R2159462. Photos are of a like property.
Multi-familyProperty Type
1971Year Built
$253Est. Price/Sq.Ft.
4 spacesParking
Listed by Nick Krautter, P.C..• Keller Williams PDX Central
Listed by Ben Droukas• Keller Williams PDX Central
Bought with Laurie Peniuk• Premiere Property Group, LLC
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
Washington County
APN
R2159459
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 21, 2023.
RM1
C
P
Residential Multi-Dwelling 1 Zone
The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.
Zone overlays
Environmental Conservation Overlay Zone
Environmental Protection Overlay zone
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Property details
Parking
Parking Information
Parking Features: Assigned
Parking Total: 4
Interior
Appliances
Hot Water Description: Electricity
Interior Features
Storage: Deck
Multi Unit Information
# Of Units Total: 4
Unit Information
Unit Type: 1, 2
Unit Type 1 Information
Actual Rent: $1,300
Area: 950
Baths Total: 2
Beds Total: 2
Units Total: 2
Unit Type 2 Information
Actual Rent: $1,295
Area: 950
BathsTotal: 2
Beds Total: 2
Units Total: 2
Exterior
Exterior Features
Roof: Composition
Exterior Description: Cedar
Lot Information
Lot Features: Level
Parcel Number: R2159459
Parcel Number 2: R2159460
Parcel Number 3: R2159461
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Updated/Remodeled
Security Features: Sidewalk
View YN: Yes
View Description: Trees/Woods
Building Information
Year Built: 1971
Building Area Total: 3,800
Financial
Tax Information
Tax Legal Description: TERRI COURT CONDO, LOT 6640-1, INTEREST IN COMMON EL
Tax Annual Amount: $1,708.32
Rent Information
Rent Includes: Trash Collection, Water
Lease / Rent Information
CAP Rate: 5.11
Gross Rent Multiplier: 10.75
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: Montclair
Middle Or Junior School: Whitford
High School: Beaverton
Location Information
Directions: Olsen Rd to Terri Ct
Unparsed Address: 6640 SW TERRI CT, Portland, OR 97225
Community Information
Zoning: R2
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Washington County
APN: R2159459
Home facts updated by county records on Nov 21, 2023
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
K - 12
Preschool & daycare
Montclair Elementary School
Public K-5 • Assigned • 0.3mi
8/10
Whitford Middle School
Public 6-8 • Assigned • 2.0mi
5/10
Southridge High School
Public 9-12 • Assigned • 3.5mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance 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, 14 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 • 97225
Average low and high temperatures (°F)
49
36
50
38
57
43
66
44
71
49
77
54
83
58
84
62
78
57
62
47
53
43
51
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$914,000 – $1.11M
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