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412 S Miles St

Portland, OR 97219
  • $1,279,900
  • STATUS: Active
  • ON SITE: 111 Days
  • MLS #: 22058434
UPDATED: 58 min ago
$1,279,900
  • 6
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,911
    SQFT
  • $440
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1968
County:

School Information

Elementary School:
Middle School:
High School:

Description

Amazing investment opportunity in Johns Landing! This is a fantastic multiplex in one of the best, & most desirable locations in Portland. Situated at the end of a quiet street. Offers 3 units, each 2bd, 1bth, in unit W/D, 2 parking space. Also, has an unfinished fourth unit. It's remodeled beautifully & sits on a 9000 square feet lot with R2 zoning and possibility of adding more units. Please don't disturb the tenants, and don't enter the driveway. And Don't Miss Out!

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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 2022-05-16T07:39:36.903.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/125013835
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412 S Miles St Portland, OR 97219

  • Price: $1,279,900
  • Status: Active
  • On Site: 111 Days
  • Updated: 58 min ago
  • MLS #: 22058434
6
Beds
3
Baths
0
½ Baths
N/A
Acres
2,911
SQFT
$440
$/SQFT
1968
Built
Neighborhood:
Johns Landing
County:
Multnomah
Area:
Portland Nw/ Sw/ S, Raleigh Hills
Elementary School:
Capitol Hill
Middle School:
Jackson
High School:
Ida B Wells
Property Description
Amazing investment opportunity in Johns Landing! This is a fantastic multiplex in one of the best, & most desirable locations in Portland. Situated at the end of a quiet street. Offers 3 units, each 2bd, 1bth, in unit W/D, 2 parking space. Also, has an unfinished fourth unit. It's remodeled beautifully & sits on a 9000 square feet lot with R2 zoning and possibility of adding more units. Please don't disturb the tenants, and don't enter the driveway. And Don't Miss Out!
Exterior Features

Exterior Description BrickAluminum Lot Description Cul-De-SacPrivateSecluded Lot Size 7000 To 9999 Sqft Parking Features OpenPaved Roof Type Metal View RiverCity View YN Yes Water Description Public Water Water Name Willamette River

Interior Features

Basement DaylightExterior Entry Cooling Description Heat Pump Heating Description Ductless Hot Water Description Electricity Unit Features DeckDishwasherFireplaceRefrigeratorStorageWasher/DryerAir Conditioning Unit Type1 Features DeckDishwasherWasher/DryerAir Conditioning Unit Type1 Sq Ft 832 Unit Type2 Features DeckDishwasherRefrigeratorAir Conditioning Unit Type2 Sq Ft 832 Unit Type3 Features DeckDishwasherFireplace Unit Type3 Sq Ft 832 Unit Type4 Features Storage Unit Type4 Sq Ft 412

Property Features

Bank Owned YN No Capitalization Rate 4.45 Common Amenities Laundry Country Us Fuel Description Electricity Gross Income Actual 67000 Gross Income Projected 90000 Gross Rent Multiplier 19.10 Net Income Actual 57000 Net Income Projected 80000 Occupancy Types Leased Operating Expenses Actual 10000 Operating Expenses Projected 10000 Property Condition Updated/Remodeled Rent Includes Trash CollectionWater School High2 Other Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage AttachedBasement Tax Amount 8409.28 Third Party Approval YN No Unit Type1 Rent 2000 Unit Type1 Units Total 1 Unit Type2 Rent 2000 Unit Type2 Units Total 1 Unit Type3 Rent 1650 Unit Type3 Units Total 1 Unit Type4 Rent 0 Unit Type4 Units Total 1 Zoning R2

Listing provided courtesy of Equity Oregon Real Estate.


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 2022-05-16T07:39:36.903.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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