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1325 SE Yamhill St

Portland, OR 97214
  • $1,350,000
  • STATUS: Active
  • ON SITE: 151 Days
  • MLS #: 21583004
$1,350,000
  • 6
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,078
    SQFT
  • $439
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1892
County:

School Information

Elementary School:
Middle School:
High School:

Description

This is a gorgeous historic four Plex in one of the finest locations in SE Portland next to high end grocers, shopping, entertainment and transit. This 3100 sf building has four remodeled units in impeccable, turn key condition. All of the large capital improvements have been taken care of and it has been professionally managed. The apartments rent extremely quick and for top of market because of this buildings superior condition, architecture and location. A fully rented, smart investment!

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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 2021-10-19T23:39:49.007.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/117479904
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1325 SE Yamhill St Portland, OR 97214

  • Price: $1,350,000
  • Status: Active
  • MLS #: 21583004
6
Beds
4
Baths
0
½ Baths
N/A
Acres
3,078
SQFT
$439
$/SQFT
1892
Built
Neighborhood:
143-Portland Southeast
County:
Multnomah
Area:
143-Portland Southeast
Elementary School:
Buckman
Middle School:
Hosford
High School:
Cleveland
Property Description
This is a gorgeous historic four Plex in one of the finest locations in SE Portland next to high end grocers, shopping, entertainment and transit. This 3100 sf building has four remodeled units in impeccable, turn key condition. All of the large capital improvements have been taken care of and it has been professionally managed. The apartments rent extremely quick and for top of market because of this buildings superior condition, architecture and location. A fully rented, smart investment!
Exterior Features

Exterior Description Wood Siding Lot Size 3000 To 4999 Sqft Parking Features None Roof Type Composition View Territorial View YN Yes Water Description Public

Interior Features

Basement Finished Cooling Description Heat Pump Foundation Details BlockConcrete Perimeter Heating Description Wall Furnace Hot Water Description Electricity Unit Features DishwasherMicrowaveRangeRefrigeratorWasher/DryerAir Conditioning Unit Type1 Features MicrowaveRefrigeratorWasher/DryerAir Conditioning Unit Type1 Sq Ft 900 Unit Type2 Features MicrowaveRangeRefrigeratorWasher/Dryer Unit Type2 Sq Ft 600 Unit Type3 Features DishwasherRangeRefrigeratorWasher/Dryer Unit Type3 Sq Ft 480 Unit Type4 Features MicrowaveRangeRefrigeratorWasher/Dryer Unit Type4 Sq Ft 450

Property Features

Bank Owned YN No Capitalization Rate 4.45 Country Us Fuel Description Electricity Gross Income Actual 81060 Gross Income Projected 81060 Gross Rent Multiplier 16.65 Net Income Actual 60060 Net Income Projected 60060 Occupancy Types LeasedVacant Operating Expenses Actual 21000 Operating Expenses Projected 21000 Property Condition Updated/Remodeled Rent Includes Trash CollectionSewerWater Security Features Fire Sprinkler SystemSecurity Lights Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage Basement Tax Amount 6988.91 Third Party Approval YN No Unit Type1 Rent 2295 Unit Type1 Units Total 1 Unit Type2 Rent 1695 Unit Type2 Units Total 1 Unit Type3 Rent 1525 Unit Type3 Units Total 1 Unit Type4 Rent 1350 Unit Type4 Units Total 1 Zoning R2.5

Listing provided courtesy of Re/Max Equity Group.


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 2021-10-19T23:39:49.007.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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