5319 SE 18TH AVE, Portland, OR 97202

$850,000
List Price
$850,000
Days on Market
2
MLS#
21342808
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Southeast
Status
Active

Property Description

Location, location, location! This Moreland area 4 plex is perfect for an owner/investor to live in or to add to a rental portfolio. All 2 bedroom units with a carport, updated mechanical systems & more. The unit photographed is the owner's unit and is the only totally remodeled unit. PLEASE DO NOT WALK ON PROPERTY.

Additional Information

Tax Amount
$9,517
Year Built
1969
High School
Cleveland
Elementary School
Llewellyn
Middle School
Sellwood
Stories
2
Subdivision
Moreland/Brooklyn
Terms
Cash, Conventional
Cooling Description
None
Fuel Description
Electricity
Heating Description
Zoned
Hot Water Description
Electricity
Exterior Description
Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public Water
Sq Ft Approximate Building Total
3060
Capitalization Rate
3.88
Operating Expenses Actual
9518
Gross Income Actual
44881
Gross Rent Multiplier
18.94
Net Income Actual
33021
Occupancy Types
Month To Month
Covenants/Restrictions
No
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1050
Unit Type One Sq Ft
765
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
1150
Unit Type Two Sq Ft
765
Unit Type Two Units Total
2
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Sq Ft
765
Unit Type Three Units Total
3
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
1400
Unit Type Four Sq Ft
765
Unit Type Four Units Total
4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Windermere Realty Trust.

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