2124 SE ELLIOTT AVE, Portland, OR 97214

$885,000
Sold Price
$885,000
List Price
$860,000
Closing Date
Oct 23, 2020
Days on Market
7
MLS#
20646234
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Southeast
Status
Sold

Property Description

This rare brick craftsman duplex lives like no other in the heart of Ladds Addition. The 2 bed 1 bath upper unit and 4 bed 2 bath lower unit both have all their original character still intact with custom built-ins and charm throughout. Tons of storage inside and roomy outside spaces to chill out and relax. Seller has plans available to turn garage into an ADU for additional income. All this within walking distance to bars, restaurants, coffee shops, grocery store and parks.

Additional Information

Tax Amount
$9,895
Year Built
1925
High School
Cleveland
Elementary School
Abernethy
Middle School
Hosford
Stories
3
Subdivision
Hosford Abernethy
Terms
Cash, Conventional
Cooling Description
Central Air
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Gas
Exterior Description
Brick
Roof Type
Metal
Sewer Description
Public Sewer
Water Description
Public
View
Trees/Woods
Cumulative Days On Market
7
Sq Ft Approximate Building Total
4356
Capitalization Rate
4.63
Operating Expenses Actual
11696
Gross Income Actual
51528
Gross Rent Multiplier
16.69
Net Income Actual
39832
Occupancy Types
Leased
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1750
Unit Type One Sq Ft
1520
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
4
Unit Type Two Rent
2294
Unit Type Two Sq Ft
2836
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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

Listing courtesy of Living Room Realty. Selling Office: Hasson Company.

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