Skip To Content

1827 SW Cable Ave

Portland, OR 97201
  • $995,000
  • STATUS: Active
  • ON SITE: 68 Days
  • MLS #: 22597833
Price Reduced
UPDATED: 190 min ago
$995,000
  • 3
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,886
    SQFT
  • $256
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1890
County:

School Information

Elementary School:
Middle School:
High School:

Description

This well-located 6-Plex in Goose Hollow consists 2 Studios, 2 1-Bedroom and 2 2-Bedroom apartments. The building has improvements including all new plumbing and all new rear decking. Tenants enjoy easy access to Goose Hollow and downtown Portland shopping and restaurants. Current market allows for investors to improve rents by keeping units as is or some renovation to push rents even higher.

Monthly Payment Calculator



Listing content is copyright © 2022 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 2022-05-17T23:39:50.837.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/126567329
Print Image

1827 SW Cable Ave Portland, OR 97201

  • Price: $995,000
  • Status: Active
  • On Site: 68 Days
  • Updated: 190 min ago
  • MLS #: 22597833
3
Beds
3
Baths
0
½ Baths
N/A
Acres
3,886
SQFT
$256
$/SQFT
1890
Built
Neighborhood:
Goose Hollow
County:
Multnomah
Area:
Portland Nw/ Sw/ S, Raleigh Hills
Elementary School:
Ainsworth
Middle School:
West Sylvan
High School:
Lincoln
Property Description
This well-located 6-Plex in Goose Hollow consists 2 Studios, 2 1-Bedroom and 2 2-Bedroom apartments. The building has improvements including all new plumbing and all new rear decking. Tenants enjoy easy access to Goose Hollow and downtown Portland shopping and restaurants. Current market allows for investors to improve rents by keeping units as is or some renovation to push rents even higher.
Exterior Features

Exterior Description Lap Siding Lot Size 3000 To 4999 Sqft View YN No Water Description Public Water

Interior Features

Heating Description Floor Furnace Unit Type1 Sq Ft 585 Unit Type2 Sq Ft 590 Unit Type3 Sq Ft 680

Property Features

Bank Owned YN No Capitalization Rate 4.53 Country Us Fuel Description Electricity Gross Income Actual 77040 Gross Income Projected 100560 Gross Rent Multiplier 12.92 Net Income Actual 45063 Net Income Projected 69803 Operating Expenses Actual 32625 Operating Expenses Projected 31369 Property Condition Updated/Remodeled Rent Includes Maintenance Grounds Sewer Description Public Sewer Short Sale YN No Tax Amount 7852.11 Third Party Approval YN No Unit Type1 Rent 1295 Unit Type1 Units Total 2 Unit Type2 Rent 1295 Unit Type2 Units Total 2 Unit Type3 Rent 1600 Unit Type3 Units Total 2 Zoning Rm2

Listing provided courtesy of Flat Fee Realty, Llc.


Listing content is copyright © 2022 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 2022-05-17T23:39:50.837.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.
 
https://bt-photos.global.ssl.fastly.net/portland/1280_boomver_1_22597833-2.jpg https://bt-photos.global.ssl.fastly.net/portland/1280_boomver_1_22597833-2.jpg https://bt-photos.global.ssl.fastly.net/portland/1280_boomver_1_22597833-2.jpg
Logo
Next Home Realty Connection
,