MLS# 24347465 – 19 Ne 179th Ave, Portland, OR 97230 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate.

Property Description

Description

2 Units

Status: Pending

Year Built: 1995

Days on Website: 42

Great investment property with side-by-side units 19 & 21. Rent out both sides or live in one side & rent the other! Unit 19 has been recently fully remodeled w/ the following: New LVP flooring on the main level, in all bathrooms & in the laundry room; New carpeting upstairs; New bathroom vanities & toilets; New paint, wall heaters, light fixtures & outlets; New kitchen sink & countertops; Newer stove and dishwasher. Each unit features a main level w/ gas fireplace, living room, kitchen, half bath, W/D hookups & fenced backyard. Upstairs includes a laundry room & 2 bedrooms, each w/ its own toilet/vanity room & a shared shower room. Great floor plan for roommates. Unit 21 has direct access to garage from inside & features a window unit a/c. Unit 19 does not have direct access to garage but has a new garage door. Excellent opportunity to own a duplex located next to Max light rail station for easy commuting and close to shopping & restaurants. Newer roof 2017.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

2000

Built in 1995

Storage:

Garage

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling Equipped

Cooling:

WindowUnit

Expenses

Operating Expense:

$8,288

Exterior Features

Exterior Description:

VinylSiding

Foundation

Foundation Details:

ConcretePerimeter

Garage

Garage Spaces:

Heating

Heating:

WallHeater

Income

CAP Rate:

1.25

Gross Income:

$13,782

Gross Rent Multiplier:

31.78

Net Operating Income:

$5,494

Listing

Contract Status Change Date:

2024-04-24

Cumulative Days On Market:

Days On Market:

Last Transaction Date:

2024-04-25 05:53:56

List Price:

$438,000

Listing Contract Date:

2024-03-20

Listing Id:

24347465

Mls Status:

Pending

Modification Timestamp:

2024-04-25 05:53:56

Off Market Date:

2024-04-24

On Market Date:

2024-03-20

Previous List Price:

$462,000

Purchase Contract Date:

2024-04-24

Rent Includes:

TrashCollection

Standard Status:

Pending

Location

MLS Area Major:

_142

County Or Parish:

Multnomah

Lot

Features:

CornerLot,Level,LightRail

Size Acres:

0.08

Size Range:

SqFt3000to4999

Size Square Feet:

3,484

Size:

3,000 to 4,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

Attached,Driveway

2 total parking spots

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Zoning:

Roof

Roof:

Composition

Schools

High School:

Reynolds

Middle Or Junior School:

Reynolds

Elementary School:

Hartley

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$4,680

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,250

Area:

1000

Features:

Dishwasher,Fireplace,Range,WasherDryerHookup

Units Total:

3 total bathrooms

2 total bedroom

Unit Two

Actual Rent:

$1,350

Area:

1000

Features:

Dishwasher,Fireplace,Range,WasherDryerHookup

Units Total:

3 total bathrooms

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Gas,Tank

Internet Service Type:

Cable

Water Source:

PublicWater

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Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$438,000 -

19 Ne 179th Ave Portland , OR 97230

MLS Area Major: _142

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on May 2, 2024 9:50AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.