MLS# 24228645 – 3021 Se 89th Ave, Portland, OR 97266 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of JC Realty NW.

Property Description

Description

3 Units

Status: Active

Year Built: 2001

Days on Website: 65

Incredible opportunity! 2 bedroom, 1 bath, with garage townhouse style units. Potential room to add a fourth unit. Buyer to do due diligence. Newer roof and some interior updates. Write offer subject to interior inspection. Do Not Disturb tenants.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Built in 2001

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3

Cooling

Cooling:

None

Expenses

Operating Expense:

$9,600

Exterior Features

Exterior Description:

LapSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

Zoned

Income

CAP Rate:

5.21

Gross Income:

$50,220

Gross Rent Multiplier:

15.53

Net Operating Income:

$40,620

Listing

Contract Status Change Date:

2024-02-27

Days On Market:

Last Transaction Date:

2024-03-01 11:21:54

List Price:

$780,000

Listing Contract Date:

2024-02-27

Listing Id:

24228645

Mls Status:

Active

Modification Timestamp:

2024-03-01 11:21:54

On Market Date:

2024-02-27

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_143

County Or Parish:

Multnomah

Lot

Features:

Level

Size Acres:

0.18

Size Range:

SqFt7000to9999

Size Square Feet:

7,840

Size:

7,000 to 9,999 SqFt

Parking

Features:

Garage

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Zoning:

Roof

Roof:

Composition

Schools

Middle Or Junior School:

Other

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$8,057

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,280

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$1,440

Units Total:

1 total bathroom

2 total bedroom

Unit Three

Actual Rent:

$1,465

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

$780,000 -

3021 Se 89th Ave Portland , OR 97266

MLS Area Major: _143

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on May 1, 2024 10:48PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.