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9038 SW 25TH Ave

Portland, OR 97219
  • $1,450,000
  • STATUS: Active
  • ON SITE: 116 Days
  • MLS #: 22583129
UPDATED: 163 min ago
$1,450,000
  • 7
    BEDS
  • N/A
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,682
    SQFT
  • $310
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1943
County:

School Information

Elementary School:
Middle School:
High School:

Description

This is an AMAZING property with TON of income potential. Great lot equaling 0.74 acre in Markham nhbd. Includes 4 separate residences, 2 single family homes & 1 duplex. All are occupied by tenants who are on year leases w rents totaling nearly $78k per year. Potentially 2 more building sites for development. All quality homes surrounded by large trees & mature landscaping. Fantastic location w easy I-5 access, quick commute to downtown. Very bikeable, close to schools, parks, almost everything.

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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 2022-05-22T23:39:46.733.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/125098959
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9038 SW 25TH Ave Portland, OR 97219

  • Price: $1,450,000
  • Status: Active
  • On Site: 116 Days
  • Updated: 163 min ago
  • MLS #: 22583129
7
Beds
6
Baths
0
½ Baths
N/A
Acres
4,682
SQFT
$310
$/SQFT
1943
Built
Neighborhood:
Markham
County:
Multnomah
Area:
Portland Nw/ Sw/ S, Raleigh Hills
Elementary School:
Capitol Hill
Middle School:
Jackson
High School:
Ida B Wells
Property Description
This is an AMAZING property with TON of income potential. Great lot equaling 0.74 acre in Markham nhbd. Includes 4 separate residences, 2 single family homes & 1 duplex. All are occupied by tenants who are on year leases w rents totaling nearly $78k per year. Potentially 2 more building sites for development. All quality homes surrounded by large trees & mature landscaping. Fantastic location w easy I-5 access, quick commute to downtown. Very bikeable, close to schools, parks, almost everything.
Exterior Features

Exterior Description Wood Siding Lot Description LevelGentle Sloping Lot Size 20000 Sqft To .99 Acres Parking Features AttachedDetached Roof Type Composition View Territorial View YN Yes Water Description Public Water

Interior Features

Foundation Details Concrete Perimeter Heating Description Forced Air Hot Water Description Electricity Unit Features DeckDishwasherFireplaceHardwood FloorsMicrowave Unit Type1 Features DishwasherFireplaceMicrowave Unit Type1 Sq Ft 1152 Unit Type2 Features DeckDishwasherHardwood FloorsMicrowave Unit Type2 Sq Ft 1704 Unit Type3 Features DishwasherHardwood Floors Unit Type3 Sq Ft 516 Unit Type4 Features DeckDishwasherFireplaceHardwood Floors Unit Type4 Sq Ft 1310

Property Features

Bank Owned YN No Capitalization Rate 5.36 CCRs YN No Country Us Fuel Description Electricity Gross Income Actual 77760 Gross Rent Multiplier 18.65 Net Income Actual 77760 Occupancy Types Leased Operating Expenses Actual 26000 Property Condition Approximately Rent Includes Trash CollectionWater Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 11024.76 Third Party Approval YN No Unit Type1 Rent 883 Unit Type1 Units Total 1 Unit Type2 Rent 2297 Unit Type2 Units Total 1 Unit Type3 Rent 1300 Unit Type3 Units Total 1 Unit Type4 Rent 2000 Unit Type4 Units Total 1 Zoning R7

Listing provided courtesy of Keller Williams Realty Professionals.


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 2022-05-22T23:39:46.733.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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