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    14034 SE Division St

    Portland, OR 97236
    • $1,875,000
    • STATUS: Active
    • ON SITE: 12 days
    • MLS #: 21401352
    UPDATED: 58 min ago
    $1,875,000
    • 18
      BEDS
    • N/A
      ACRES
    • 14
      BATHS
    • 0
      1/2 BATHS
    • 9,336
      SQFT
    • $201
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1998
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Newer 10-unit multifamily property in good condition with 4 3Bed/2Bath & 6 2Bed/2 Bath spacious units. On site parking and washer/dryer in each unit. Solid tenant base with great rental history and significant possible upside with all rents due for increases. Owner has maintained property exceptionally well. Terrific opportunity to acquire a turn key operation with good cap rate!

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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 2021-09-24T12:40:09.963.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/121360708
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    14034 SE Division St Portland, OR 97236

    • Price: $1,875,000
    • Status: Active
    • Updated: 58 min ago
    • MLS #: 21401352
    18
    Beds
    14
    Baths
    0
    ½ Baths
    N/A
    Acres
    9,336
    SQFT
    $201
    $/SQFT
    1998
    Built
    Neighborhood:
    Powellhurst-Gilbert
    County:
    Multnomah
    Area:
    143-Portland Southeast
    Elementary School:
    Lincoln Park
    Middle School:
    Ron Russell
    High School:
    David Douglas
    Property Description
    Newer 10-unit multifamily property in good condition with 4 3Bed/2Bath & 6 2Bed/2 Bath spacious units. On site parking and washer/dryer in each unit. Solid tenant base with great rental history and significant possible upside with all rents due for increases. Owner has maintained property exceptionally well. Terrific opportunity to acquire a turn key operation with good cap rate!
    Exterior Features

    Exterior Description Vinyl Siding Lot Description Corner Lot Lot Size 7000 To 9999 Sqft Parking Features OpenPaved Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Crawl Space Foundation Details Concrete Perimeter Heating Description Baseboard Hot Water Description Electricity Unit Features DishwasherDisposalRangeRefrigerator Unit Type1 Features DishwasherDisposalRangeRefrigerator Unit Type1 Sq Ft 1100 Unit Type2 Features DishwasherDisposalRangeRefrigerator Unit Type2 Sq Ft 1100 Unit Type3 Features DishwasherDisposalRangeRefrigerator Unit Type3 Sq Ft 800 Unit Type4 Features DishwasherDisposalRangeRefrigerator Unit Type4 Sq Ft 800 Unit Type5 Features DishwasherDisposalRangeRefrigerator Unit Type5 Sq Ft 1100 Unit Type6 Features DishwasherDisposalRangeRefrigerator Unit Type6 Sq Ft 800 Unit Type7 Features DishwasherDisposalRangeRefrigerator Unit Type7 Sq Ft 1100

    Property Features

    Bank Owned YN No Capitalization Rate 4.22 CCRs YN No Country Us Fuel Description Electricity Gross Income Actual 143004 Gross Rent Multiplier 13.11 Net Income Actual 79048 Occupancy Types LeasedMonth To Month Operating Expenses Actual 63956 Property Condition Existing Rent Includes Trash CollectionSewerWater Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage None Tax Amount 16506.05 Third Party Approval YN No Unit Type1 Rent 1400 Unit Type1 Units Total 1 Unit Type2 Rent 1375 Unit Type2 Units Total 1 Unit Type3 Rent 1050 Unit Type3 Units Total 2 Unit Type4 Rent 1045 Unit Type4 Units Total 1 Unit Type5 Rent 1197 Unit Type5 Units Total 1 Unit Type6 Rent 1100 Unit Type6 Units Total 3 Unit Type7 Rent 1500 Unit Type7 Units Total 1 Zoning Rm-2

    Listing provided courtesy of Savi Realty, Inc..


    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 2021-09-24T12:40:09.963.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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