MLS# 24366846 – 1725 Ne Schuyler St, Portland, OR 97212 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of Living Room Realty.

Property Description

Description

2 Units

Status: Pending

Year Built: 1951

Neighborhood: Irvington

Days on Website: 120

Stately side-by-side Irvington duplex with great rental history in a fantastic walkable location near restaurants, shops, and parks. This responsibly maintained investment property lives large with spacious primary bedrooms, hardwood floors, fireplaces, private outdoor spaces, basement storage and garages for each unit. Current gross rents at $4,935/month. Just 1 block to all the Broadway hot spots and public transport. Occupants enjoy three levels of spacious living in this well cared for property which features a brand new roof, all new pipes, new furnace, raised bed gardens, and a large backyard. Rare and Ideal duplex layout in a stellar location! [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10221937]

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

PartialBasement

Building

Built in 1951

Storage:

Basement

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Expenses

Operating Expense Scheduled:

14095

Operating Expense:

$14,095

Exterior Features

Exterior Description:

WoodSiding

Heating

Heating Available

Heating:

ForcedAir

Income

CAP Rate:

5.13

Gross Income:

$59,220

Gross Rent Multiplier:

13.93

Gross Scheduled Income:

$62,400

Net Operating Income:

$42,305

Net Scheduled Income:

48305

Listing

Contract Status Change Date:

2024-04-22

Cumulative Days On Market:

214

Days On Market:

111

Last Transaction Date:

2024-04-25 11:43:03

List Price:

$825,000

Listing Contract Date:

2024-01-02

Listing Id:

24366846

Mls Status:

Pending

Modification Timestamp:

2024-04-25 11:43:03

Off Market Date:

2024-04-22

On Market Date:

2024-01-02

Purchase Contract Date:

2024-04-22

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Pending

Location

MLS Area Major:

_142

Subdivision Name:

IRVINGTON

County Or Parish:

Multnomah

Lot

Features:

Level

Size Range:

SqFt5000to6999

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

AnnualPropertyOperationData,Leases,RentRecords

Energy Saving

Green Certification

Parking

Features:

Garage

2 total parking spots

Property

Number Of Units Total:

Zoning:

R1a

Roof

Roof:

Composition

Schools

High School:

Jefferson

Middle Or Junior School:

Harriet Tubman

Elementary School:

Irvington

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$10,538

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$2,305

Area:

1476

Features:

Dishwasher,Fireplace,HardwoodFloors,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$2,630

Area:

1476

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Gas

Hot Water Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$825,000 -

1725 Ne Schuyler St Portland , OR 97212

MLS Area Major: _142

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on May 1, 2024 1:45PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.