410 SE 10TH AVE, Portland, OR 97214

$1,275,000
List Price
$1,275,000
Days on Market
31
MLS#
20447627
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Southeast
Status
Active

Property Description

Close-in, well maintained vintage 4plex, remodeled in 2016 & features strong tenant base & operations. Newer kitchens w stainless steel appliances, gas stoves, Wash/Dryers, hardwood floors & walk in closets, electrical/plumbing upgrades, hardwood floors, new finishes & fixtures. Easy to rent units due to location, & large basement storage. Great, easy to rent location near shopping/transit. Perfect for the investor who wants easy to manage, 5.46% cap rate investment property, call for more info.

Additional Information

Tax Amount
$11,684
Year Built
1906
High School
Cleveland
Elementary School
Buckman
Middle School
Hosford
Stories
2
Terms
Call Listing Agent
Cooling Description
None
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Gas
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
6948
Capitalization Rate
5.46
Operating Expenses Actual
20798
Gross Income Actual
95220
Gross Rent Multiplier
13.39
Net Income Actual
69661
Occupancy Types
Leased, Month To Month
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1945
Unit Type One Sq Ft
1737
Unit Type One Units Total
2
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
2010
Unit Type Two Sq Ft
1737
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
2035
Unit Type Three Sq Ft
1737
Unit Type Three 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 Joseph Bernard LLC.

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