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    1124 SE Sherman St

    Portland, OR 97214
    • $1,699,000
    • STATUS: Active
    • ON SITE: 37 days
    • MLS #: 21240928
    UPDATED: 43 min ago
    $1,699,000
    • 7
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2011
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Rare and unique well designed 8 bedroom duplex and single 3 bedroom family home set on a large corner lot. The 2011 constructed duplex with 3 bedrooms up and a fourth bedroom on the ground floor with a separate entrance, each unit has a full two car garage. Duplex rent is below market. Single family home is vacant and not included in multiplier. Duplex 2301 and 2305 SE 12th Sellers own the adjoining property on 12th would consider including in a sale. Possible development potential.

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    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-08-02T07:39:27.06.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
    www.nexthomepdx.com/homes/118723297
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    1124 SE Sherman St Portland, OR 97214

    • Price: $1,699,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 21240928
    7
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    2011
    Built
    Neighborhood:
    143-Portland Southeast
    County:
    Multnomah
    Area:
    143-Portland Southeast
    Elementary School:
    Abernethy
    Middle School:
    Hosford
    High School:
    Cleveland
    Property Description
    Rare and unique well designed 8 bedroom duplex and single 3 bedroom family home set on a large corner lot. The 2011 constructed duplex with 3 bedrooms up and a fourth bedroom on the ground floor with a separate entrance, each unit has a full two car garage. Duplex rent is below market. Single family home is vacant and not included in multiplier. Duplex 2301 and 2305 SE 12th Sellers own the adjoining property on 12th would consider including in a sale. Possible development potential.
    Exterior Features

    Exterior Description Cement SidingWood Siding Lot Description Corner Lot Lot Size 3000 To 4999 Sqft Parking Features AttachedGarage Roof Type Composition View YN No Water Description Public

    Interior Features

    Cooling Description Central Air Heating Description Forced Air Hot Water Description Gas Unit Features DisposalHardwood FloorsRefrigeratorUnfurnishedAir Conditioning Unit Type1 Features DisposalAir Conditioning Unit Type2 Features Hardwood FloorsRefrigeratorUnfurnished

    Property Features

    Bank Owned YN No Capitalization Rate 3.32 Country Us Fuel Description Gas Gross Income Actual 56400 Gross Rent Multiplier 30.12 Net Income Actual 56400 Operating Expenses Actual 11779 Property Condition Approximately Rent Includes Sewer Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 11778.99 Third Party Approval YN No Unit Type1 Rent 4700 Unit Type1 Units Total 2 Unit Type2 Rent 0 Unit Type2 Units Total 1 Zoning Rm2

    Listing provided courtesy of Belrose Realty, Llc.


    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-08-02T07:39:27.06.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
     
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