Great investment opportunities, duplex with cash flow both sides w/long term renters.Solid build, easy freeway access, bus line, shopping area, restaurants, coffee, 2 parks nearby and less than 5 mins to light rail. 3 bed and 2.5 bath on each unit. Main living room style with nook off of kitchen. Spacious Master suite w/bath. Great price for the square footage! Interior remodeled 2 yrs ago. New laminate flooring, paint, tiles in all bathrooms. By Rockwood in Downtown Gresham. New driveways.
Investors, great catch for you!Write offers subject to interior inspection, please do not disturb tenants. Solid build, close to freeway access,busline, shopping area,restaurants coffee. 3 full beds and 2 1/2 baths. Main living is great room style, w/ nook off of kitchen. Spacious Master suite w/own bath.Great price for the square footage!
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
R581761
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 14, 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: Garage, RV Access/Parking
Interior
Appliances
Hot Water Description: Electricity
Multi Unit Information
# Of Units Total: 2
Unit Information
Unit Type: 1, 2
Unit Type 1 Information
Area: 1,280
Baths Total: 3
Beds Total: 3
Features: Deck, Dishwasher, Disposal
Units Total: 1
Unit Type 2 Information
Area: 1,240
BathsTotal: 3
Beds Total: 3
Features: Deck, Dishwasher, Disposal
Units Total: 1
Exterior
Exterior Features
Roof: Composition
Lot Information
Lot Size Range: 3,000 to 4,999 SqFt
Lot Size: 3,000 to 4,999 SqFt
Lot Features: Level
Parcel Number: R581761
Road Surface Type: Paved
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Approximately
View YN: No
Building Information
Year Built: 2007
Building Area Total: 2,520
Foundation Details: Concrete Perimeter
Financial
Tax Information
Tax Year: 2020
Tax Legal Description: VILLA PELINORE, LOT 1
Tax Annual Amount: $4,139.22
Lease / Rent Information
CAP Rate: 6.73
Gross Rent Multiplier: 12.24
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Wall Furnace
Cooling YN: No
Location
School Information
Elementary School: Alder
Middle Or Junior School: H.B. Lee
High School: Reynolds
Location Information
Directions: Stark E) to 181st R) to property
Unparsed Address: 831 SE 181ST AVE, Portland, OR 97233
Community Information
Community Features: Commons
Zoning: multi-f
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Multnomah County
APN: R581761
Home facts updated by county records on Nov 14, 2024
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
Alder Elementary School
Public K-5 • Assigned • 0.5mi
2/10
Reynolds Middle School
Public 6-8 • Assigned • 1.5mi
1/10
Reynolds High School
Public 9-12 • Assigned • 3.7mi
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
63
47
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
$541,000 – $655,000
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