Two 4-Plexes on Separate Tax lots allow for easier financing. Must be sold as a package with tax ID# R148600 which is also listed. Ideal Buckman Location only 2 Blocks from Shops and Restaurants on Burnside. This unit has Laundry Facilities for Complex and Other Unit has 6 Garages. Updates Include Newer Roof and Updated Siding. Plexes Face Each Other and Have a Sense of Community. Property will be shown with accepted offer.
Off market
$934,700
131 SE 22nd Ave, Portland, OR 97214
8beds
0baths
3,119sqft
MultiFamily
Built in 1962
-- sqft lot
$934,700 Zestimate®
$300/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
- Laundry: Common Area
Features
- Flooring: Hardwood
- Basement: Unfinished
Interior area
- Total interior livable area: 3,119 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Cement / Concrete
Lot
- Size: 4,140 sqft
- Features: Corner Lot
Details
- Parcel number: R148600
- Zoning: R2.5
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Existing
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 3875
Other
Other facts
- Flooring: Wood
- Sewer: Public Sewer
- WaterSource: Public
- FoundationDetails: Concrete Perimeter, Slab
- Appliances: Dishwasher, Refrigerator, Electric Water Heater, Range
- GarageYN: true
- AttachedGarageYN: true
- HeatingYN: true
- Utilities: Electricity Connected
- Roof: Flat
- Heating: Zoned
- NumberOfUnitsTotal: 4
- LotFeatures: Corner Lot
- LeaseTerm: Month To Month
- ConstructionMaterials: Cement Siding, Lap Siding
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Storage, Attached, Garage
- RentIncludes: Water, Sewer
- GrossIncome: 46500
- Zoning: R2.5
- LaundryFeatures: Common Area
- RoadSurfaceType: Concrete
- CapRate: 4.19
- GrossScheduledIncome: 72000
- PropertyCondition: Existing
- TotalActualRent: 3875
- MlsStatus: Pending
- NetOperatingIncome: 31418
- OperatingExpense: 15082
- TaxAnnualAmount: 9585.80
- Road surface type: Concrete
Services availability
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Estimated market value
$934,700