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    1322 NE 183RD Ave

    Portland, OR 97230
    • $675,000
    • STATUS: Pending
    • ON SITE: 9 days
    • MLS #: 21653856
    Pending
    UPDATED: 63 min ago
    $675,000
    • 8
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,120
      SQFT
    • $216
      $/SQFT
    Type:
    Multi-Family
    Built:
    1978
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Incredible opportunity to own a fourplex with high demand units that each have their own detached 1 car garage & private backyards.This building sits on a HUGE 1/3 of an acre lot on a quiet street. One unit is vacant that is perfect for an owner/user to live in one unit & offset almost all of the mortgage with the other 3.The vacant unit has recently been remodeled top to bottom & features a new kitchen with quartz counters and SS appliances. The remaining 3 units have upside potential in rent.

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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 2021-07-28T17:39:51.003.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/119449768
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    1322 NE 183RD Ave Portland, OR 97230

    • Price: $675,000
    • Status: Pending
    • Updated: 63 min ago
    • MLS #: 21653856
    8
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,120
    SQFT
    $216
    $/SQFT
    1978
    Built
    Neighborhood:
    144-Gresham/Sandy/Troutdale/Corbett
    County:
    Multnomah
    Area:
    144-Gresham/Sandy/Troutdale/Corbett
    Elementary School:
    Hartley
    Middle School:
    Reynolds
    High School:
    Reynolds
    Property Description
    Incredible opportunity to own a fourplex with high demand units that each have their own detached 1 car garage & private backyards.This building sits on a HUGE 1/3 of an acre lot on a quiet street. One unit is vacant that is perfect for an owner/user to live in one unit & offset almost all of the mortgage with the other 3.The vacant unit has recently been remodeled top to bottom & features a new kitchen with quartz counters and SS appliances. The remaining 3 units have upside potential in rent.
    Exterior Features

    Exterior Description BrickVinyl Siding Lot Description On BuslineLevel Lot Size 10000 To 14999 Sqft Parking Features DetachedGarage Roof Type Composition View Trees/Woods View YN Yes Water Description Public

    Interior Features

    Basement Crawl Space Heating Description Baseboard Hot Water Description Electricity Unit Features DishwasherMicrowaveRangeRefrigerator Unit Type1 Features DishwasherMicrowaveRangeRefrigerator Unit Type1 Sq Ft 780 Unit Type2 Features RangeRefrigerator Unit Type2 Sq Ft 780 Unit Type3 Features RangeRefrigerator Unit Type3 Sq Ft 780 Unit Type4 Features RangeRefrigerator Unit Type4 Sq Ft 780

    Property Features

    Bank Owned YN No Capitalization Rate 6.21 Country Us Fuel Description Electricity Gross Income Actual 61116 Gross Rent Multiplier 11.04 Net Income Actual 41907 Operating Expenses Actual 19209 Property Condition Approximately Rent Includes Trash CollectionSewerWaterMaintenance Grounds Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage Garage(S)Locked Tax Amount 5233.21 Third Party Approval YN No Unit Type1 Rent 1400 Unit Type1 Units Total 1 Unit Type2 Rent 1295 Unit Type2 Units Total 1 Unit Type3 Rent 1253 Unit Type3 Units Total 1 Unit Type4 Rent 1145 Unit Type4 Units Total 1 Zoning Mdr12

    Listing provided courtesy of Pacific Realty Northwest 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 2021-07-28T17:39:51.003.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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