MLS# 23071491 – 4123 Se Taggart St, Portland, OR 97202 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of John L. Scott Portland Central.

Property Description

Description

2 Units

Status: Active

Year Built: 1960

Neighborhood: Richmond

Days on Website: 61

Location Location Location. Don't miss this midcentury modern duplex in a fabulous neighborhood. 2bed/1bth single level patio units. Lovely 6500 sq. ft. landscaped lot. Stylish updates incl remodeled bathrooms & kitchens, hardwood floors, French doors, great room concept, dual pane windows. Zonal electric heat. Full size w&d in each unit. Rents listed incl pet rent & utility charge. Expenses stated do not incl Prop Management Fees. Low turn over. Lease quickly. Popular close-in residential neighborhood yet near the vibrant Clinton & Division corridors (coffee/shops/eats). This building must sell with the adjacent quad plex(4103-4115) ML#23246684. Both buildings together act as one 6 unit complex. Take advantage of residential financing to acquire both buildings. Owner occupied mortgage financing just got more attractive. No showings prior to an accepted offer. Do not go on the property or disturb the tenants. Agent must accompany. Prospective buyers to do due diligence for all aspects of the property. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10224052]

Property Details and Features

Lot

Features:

Level

Size Dimensions:

65 X 100

Size Range:

SqFt5000to6999

Size:

5,000 to 6,999 SqFt

Property Access

Road Surface Type:

Paved

Building

Building Area Total:

1632

Built in 1960

Storage:

IndividualStorageUnits

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Expenses

Operating Expense:

$7,342

Exterior Features

Exterior Description:

WoodSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

Zoned

Income

CAP Rate:

4.81

Gross Income:

$43,440

Gross Rent Multiplier:

17.27

Net Operating Income:

$36,098

Listing

Contract Status Change Date:

2024-03-02

Days On Market:

Last Transaction Date:

2024-03-02 15:28:15

List Price:

$750,000

Listing Contract Date:

2024-03-02

Listing Id:

23071491

Mls Status:

Active

Modification Timestamp:

2024-03-02 15:28:16

On Market Date:

2024-03-02

Rent Includes:

MaintenanceGrounds,Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_143

Subdivision Name:

RICHMOND

County Or Parish:

Multnomah

Miscellaneous

Investor Information:

AnnualPropertyOperationData,ProfitLossStatement,RentRecords,TaxReturnsAvailable

Energy Saving

Green Certification

Parking

Features:

Open,Paved

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Zoning:

R2.5

Roof

Roof:

Flat

Schools

High School:

Franklin

Middle Or Junior School:

Hosford

Elementary School:

Creston

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$4,696

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,900

Area:

833

Features:

HardwoodFloors,Range,Refrigerator,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$1,720

Area:

833

Features:

Dishwasher,Range,Refrigerator,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$750,000 -

4123 Se Taggart St Portland , OR 97202

MLS Area Major: _143

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on May 1, 2024 11:51PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.