LOCATION, LOCATION, LOCATION! Next to OHSU on a quiet, dead end street with private parking. This is the perfect investment property with a projected cap rate of 6.2! Two buildings on one tax lot with 5 rentable apartments, all currently vacant so you can select your tenants and set rents at market prices. Charming main house can be converted to single-family, if so desired. Zoned RM2.
Sold
$800,000
1104 SW Gaines St, Portland, OR 97239
9beds
4,196sqft
Multi Family
Built in 1937
-- sqft lot
$-- Zestimate®
$191/sqft
$1,231 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 17, 2023 at 03:19am
Listed by:
Sanam Dowlatdad 503-702-5591,
Where Real Estate Collaborative
Bought with:
Allison Grice, 200801056
KJK Properties PC
Source: RMLS (OR),MLS#: 22474692
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air, Fireplace(s)
Appliances
- Included: Refrigerator, Electric Water Heater, Tank Water Heater
- Laundry: Common Area
Features
- Flooring: Hardwood
- Basement: Exterior Entry,Separate Living Quarters Apartment Aux Living Unit,Storage Space
Interior area
- Total structure area: 4,196
- Total interior livable area: 4,196 sqft
Property
Parking
- Total spaces: 3
- Parking features: Assigned
Features
- Patio & porch: Deck
Lot
- Features: Secluded, SqFt 3000 to 4999
Details
- Parcel number: R247142
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Existing
- Year built: 1937
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Laundry
Location
- Region: Portland
- Subdivision: Ohsu / Homestead
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Gravel, Paved