Skip main navigation
Off market
Street View
  • Price Unknown

    690 NW Joy Ave, Portland, OR 97229

    4beds
    2baths
    2,592sqft
    MultiFamily
    Built in 1967
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,927 Estimated rent

    What's special

    Small rental complex, 6 units set up as 2 triplexes with center lawn and courtyard. Some recent updates to several units. Roof is in good shape but age unknown. Prime location and potential for Re-development. 2 Blocks from intersection of Murray and Cornell. Most tenants have been long term, and even with recent rent increase rates are still low for market.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Electric
    Features
    • Locked Storage
    • Basement: Crawl Space
    Interior area
    • Total interior livable area: 2,592 sqft

    Property

    Lot
    • Features: Level, Commons
    Details
    • Zoning: rc

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Existing
    • Year built: 1967

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Cable Connected

    Community & neighborhood

    Security
    • Security features: Entry, Sidewalk
    Location
    • Region: Portland

    HOA & financial

    Other financial information
    • Total actual rent: 1900

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • FoundationDetails: Concrete Perimeter
    • RoadSurfaceType: Paved
    • HeatingYN: true
    • Utilities: Electricity Connected, Cable Connected
    • Heating: Zoned
    • Zoning: rc
    • NumberOfUnitsTotal: 6
    • Roof: Composition
    • LotFeatures: Level, Commons
    • Basement: Crawl Space
    • FarmLandAreaUnits: Square Feet
    • RentIncludes: Water, Sewer, Trash Collection
    • OpenParkingYN: true
    • OperatingExpense: 25000
    • NetOperatingIncome: 42000
    • Appliances: Electric Water Heater
    • ParkingFeatures: Open
    • TotalActualRent: 1900
    • ConstructionMaterials: T-111 Siding
    • GrossIncome: 67000
    • CapRate: 4.31
    • PropertyCondition: Existing
    • InteriorFeatures: Locked Storage
    • MlsStatus: Pending
    • SecurityFeatures: Entry, Sidewalk
    • CommunityFeatures: Commons
    • TaxAnnualAmount: 8014.00
    • Road surface type: Paved
    Services availability