Great upside potential for the creative buyer! Six-plex has below market rents, no utility billback program, and an 11 GRM in a market that often asks for 15+ GRM. Located in desirable NW Nob Hill. 100% occupied. Many units have updated kitchens and baths. Unit mix includes: 1 bed/1 bath, 2 bed/1 bath and one 3 bed/1bath. Electric and water heaters individually metered. Electric heat. Can be sold with sister property. 1815 NW Hoyt Street for $2M.
Sold
$1,000,000
607 NW 18th Ave, Portland, OR 97209
12beds
7,366sqft
Multi Family
Built in 1888
-- sqft lot
$1,126,300 Zestimate®
$136/sqft
$2,997 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: April 06, 2024 at 10:00pm
Listed by:
Robin Cook 503-312-1006,
RE/MAX Equity Group
Bought with:
Bryan Durk, 200307056
Century 21 North Homes Realty
Source: RMLS (OR),MLS#: 22597530
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Baseboard
Appliances
- Included: Dishwasher, Range, Refrigerator, Electric Water Heater
Interior area
- Total structure area: 7,366
- Total interior livable area: 7,366 sqft
Property
Parking
- Parking features: None
Features
- Stories: 2
Lot
- Features: SqFt 3000 to 4999
Details
- Parcel number: R140898
- Zoning: RM3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1888
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 9818
Other
Other facts
- Listing terms: Cash,Conventional
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Estimated market value
$1,126,300