218 SE 73RD AVE, Portland, OR 97215

$1,175,000
List Price
$1,175,000
Days on Market
34
MLS#
20524372
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland Southeast
Status
Active

Property Description

Wonderful Mid-Century fourplex in prime location in Mt Tabor/Montavilla neighborhood. Beautiful units with hardwood floors, fireplaces, full basements/garages. Updates include egress windows in basements, bathroom remodels and exterior freshly painted. Newer panels, radiant floor heat with newer boiler. Rents are below market. Walking distance to shops/restaurants/public transportation.

Additional Information

Tax Amount
$13,025
Year Built
1954
High School
Madison
Elementary School
Bridger
Middle School
Roseway Heights
Subdivision
Montavilla / Mt Tabor
Terms
Cash, Conventional
Fuel Description
Gas
Heating Description
Radiant
Hot Water Description
Electricity
Exterior Description
Brick, Cedar
Sewer Description
Public Sewer
Water Description
Public
View
Mountain(s)
Sq Ft Approximate Building Total
6532
Capitalization Rate
5.91
Operating Expenses Actual
16500
Gross Income Actual
69480
Gross Rent Multiplier
16.91
Net Income Actual
69480
Occupancy Types
Leased, Month To Month
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1200
Unit Type One Sq Ft
1150
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
1245
Unit Type Two Sq Ft
1150
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
1395
Unit Type Three Sq Ft
1550
Unit Type Three Units Total
1
Unit Type Four Baths Total
2
Unit Type Four Beds Total
3
Unit Type Four Rent
1950
Unit Type Four Sq Ft
1550
Unit Type Four Units Total
1

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams-PDX Central.

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