MLS# 24398760 – 2305 Se 130th Ave, Portland, OR 97233 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of Amsden Realty, LLC.

Property Description

Description

4 Units

Status: Active

Year Built: 1927

Days on Website: 15

Elegantly restored with ease of maintenance in mind, this 4-plex has separately metered electric, a metal roof, new appliances, beautiful cabinets, partially fenced yard, & has plenty of off-street parking. Ideal location amongst other single family homes and multi family apts, near Starbucks, shopping, schools, and easy access to the I5. Please do not disturb tenants. They are happy and we want to keep it that way.

Property Details and Features

Sewer

Sewer:

PublicSewer

Building

Built in 1927

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4

Expenses

Operating Expense:

$12,846

Exterior Features

Exterior Description:

CementSiding,LapSiding,WoodComposite

Foundation

Foundation Details:

ConcretePerimeter,Slab

Heating

Heating Available

Heating:

Zoned

Income

CAP Rate:

6.8

Gross Income:

$73,380

Gross Rent Multiplier:

12.13

Net Operating Income:

$60,534

Listing

Contract Status Change Date:

2024-04-17

Days On Market:

Last Transaction Date:

2024-04-23 12:26:21

List Price:

$890,000

Listing Contract Date:

2024-04-17

Listing Id:

24398760

Mls Status:

Active

Modification Timestamp:

2024-04-23 12:26:21

On Market Date:

2024-04-17

Rent Includes:

Sewer,Water

Standard Status:

Active

Location

MLS Area Major:

_143

County Or Parish:

Multnomah

Lot

Size Acres:

0.22

Size Range:

SqFt7000to9999

Size Square Feet:

9,583

Size:

7,000 to 9,999 SqFt

Parking

Features:

OffStreet

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

Approximately

Zoning:

RM1

Roof

Roof:

Metal

Schools

High School:

David Douglas

Middle Or Junior School:

Ron Russell

Elementary School:

Lincoln Park

Taxes

Annual Amount:

$6,414

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,065

Area:

529

Features:

Dishwasher,Range,Refrigerator,WasherDryerHookup

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$2,320

Area:

1208

Features:

Dishwasher,Range,Refrigerator,WasherDryerHookup

Units Total:

2 total bathrooms

3 total bedroom

Unit Three

Actual Rent:

$1,365

Area:

616

Features:

Dishwasher,Range,Refrigerator,WasherDryerHookup

Units Total:

1 total bathroom

1 total bedroom

Unit Four

Actual Rent:

$1,365

Area:

541

Features:

Dishwasher,Range,Refrigerator,WasherDryerHookup

Units Total:

1 total bathroom

1 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

$890,000 -

2305 Se 130th Ave Portland , OR 97233

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.