1647 SE ELLIOTT AVE, Portland, OR 97214

$849,500
List Price
$849,500
Price Change
▼ $35,400 1603204959
Days on Market
34
MLS#
20158989
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Southeast
Status
Active

Property Description

Big price improvement for this side-by-side duplex in the heart of Ladd's Addition on an idyllic tree-lined street. Each side consists of 2 beds and 1 bath hardwood floors, and an unfinished basement with individual laundry. Large fenced backyard with raised beds leads to a three car garage. Solid rental history, and a great chance to either owner occupy one side, and/or improve the property for increased return. New main water line, and updated kitchen appliances.

Additional Information

Tax Amount
$7,645
Year Built
1941
High School
Cleveland
Elementary School
Abernethy
Middle School
Hosford
Stories
2
Subdivision
Ladd's Addition
Terms
Cash, Conventional, FHA, VA Loan
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Gas
Exterior Description
Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
Trees/Woods
Sq Ft Approximate Building Total
3196
Capitalization Rate
4.72
Operating Expenses Actual
10866
Gross Income Actual
51000
Gross Rent Multiplier
16.66
Net Income Actual
40134
Occupancy Types
Leased, Vacant
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
2200
Unit Type One Sq Ft
1598
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Sq Ft
1598
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of John L. Scott NE Portland.

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