Bought with J Residential Properties
$1,650,000
$1,799,500
8.3%For more information regarding the value of a property, please contact us for a free consultation.
2,563 SqFt
SOLD DATE : 10/31/2025
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,563 sqft
Price per Sqft $643
MLS Listing ID 24084617
Sold Date 10/31/25
Year Built 1995
Annual Tax Amount $24,032
Tax Year 2024
Lot Size 0.740 Acres
Property Description
Price per door $105k. Cash flow & opportunity! At the lower end of the spectrum she is not as sexy as some but she is an earner! Don't let looks deceive you, this property is always occupied and has many long term tenants with various avenues of rent support. All but a few units have recent upgrades which would include all surfaces, New roofs on 3 of the buildings 2020. All but one building have been separately sub- metered giving the financials a huge opportunity moving forward. Windows and insulation upgraded too.
Location
State OR
County Multnomah
Community Laundry
Area _143
Zoning CN2
Rooms
Basement Crawl Space
Interior
Heating Wall Furnace, Wall Heater
Cooling None
Exterior
Community Features Laundry
Roof Type Composition
Garage No
Building
Lot Description Level, On Busline
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Lincoln Park
Middle Schools Ron Russell
High Schools David Douglas
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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