LOCATION! LOCATION! LOCATION! Adorable 1940s four-plex in West Slope/Raleigh Hills neighborhood. Two townhouse style units with garages and two additional units (2BR/1BA and 1BR/1BA) around the back of the property. Large backyard. Quiet street. Updated electrical panels, new water heaters, new sump pump system.
Off market
$687,500
8822 SW Willow Ln, Portland, OR 97225
7beds
800sqft
MultiFamily
Built in 1945
-- sqft lot
$687,500 Zestimate®
$859/sqft
$1,501 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard
Appliances
- Included: Refrigerator
Features
- Range
- Flooring: Hardwood
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 800 sqft
Property
Parking
- Parking features: Garage
- Details: Garage
Features
- Exterior features: Other, Stucco
Lot
- Size: 0.34 Acres
Details
- Parcel number: 1S111DA06200
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
- Roof: Composition
Condition
- Year built: 1945
- Major remodel year: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Sewer Available, Trash Collection
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Zoning: R5
- HeatingYN: true
- Basement: Slab
- FoundationDetails: Slab
- NumberOfUnitsTotal: 4
- CurrentFinancing: Conventional, FHA, Cash
- NumberOfUnitsInCommunity: 4
- Utilities: Water Available, Sewer Available, Trash Collection
- YearBuiltEffective: 1945
- ParkingFeatures: Garage
- AssociationAmenities: Laundry
- InteriorFeatures: Range
- OtherParking: Garage
- CommunityFeatures: Laundry
- CapRate: 5.78
- YearBuiltDetails: Existing
- GrossIncome: 56880
- OperatingExpense: 12629
Services availability
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Estimated market value
$687,500