MLS# 23637356 – 13101 Se Lincoln St, Portland, OR 97233 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of John L. Scott Portland Metro.

Property Description

Description

2 Units

Status: Active

Year Built: 1943

Days on Website: 176

NEW improved Price, Well maintained units in off street secluded property with ample parking for everyone. Easy to rent 1 bedroom and 3 bedroom units. Low maintenance investment. Monthly rents are 1604 and 1212! Make all offers subject to interior inspection!

Property Details and Features

Property Access

Road Surface Type:

Gravel,Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

1480

Built in 1943

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling:

None

Expenses

Operating Expense:

$16,986

Exterior Features

Exterior Description:

LapSiding,T111Siding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

ForcedAir

Income

CAP Rate:

2.98

Gross Income:

$30,074

Gross Rent Multiplier:

14.61

Gross Scheduled Income:

$33,792

Net Operating Income:

$13,088

Listing

Contract Status Change Date:

2023-11-02

Days On Market:

179

Last Transaction Date:

2024-04-15 12:19:02

List Price:

$439,500

Listing Contract Date:

2023-11-02

Listing Id:

23637356

Mls Status:

Active

Modification Timestamp:

2024-04-15 12:19:02

On Market Date:

2023-11-02

Previous List Price:

$460,000

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_143

County Or Parish:

Multnomah

Lot

Features:

FlagLot,Level,Secluded,Trees

Size Range:

SqFt10000to14999

Size:

10,000 to 14,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

Open,RVAccessParking

6 total parking spots

Possession

Possession:

Negotiable

Property

Number Of Units Total:

Property Condition:

Existing

Zoning:

Multi

Schools

High School:

David Douglas

Middle Or Junior School:

Ron Russell

Elementary School:

Lincoln Park

Security Features

Features:

None

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$3,818

Legal Description

Tax Year:

2022

Unit One

Actual Rent:

$1,604

Area:

1000

Features:

Range,Refrigerator,Storage,WindowCoverings

Units Total:

1 total bathroom

3 total bedroom

Unit Two

Actual Rent:

$1,212

Area:

480

Features:

Range,Refrigerator,WasherDryer

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Gas

Hot Water Description:

Tank

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$439,500 -

13101 Se Lincoln St Portland , OR 97233

MLS Area Major: _143

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on April 30, 2024 4:43AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.