Portland, OR 97214,1404 SE 29TH AVE
Portland, OR 97214,1404 SE 29TH AVE
Portland, OR 97214,1404 SE 29TH AVE
Portland, OR 97214,1404 SE 29TH AVE
Portland, OR 97214,1404 SE 29TH AVE
Portland, OR 97214,1404 SE 29TH AVE
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Listed by Township Properties
Bought with Township Properties

$2,575,000

$3,100,000

16.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

7,749 SqFt


SOLD DATE : 11/13/2023

Key Details

Sold Price $2,575,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,749 sqft

Price per Sqft $332

Subdivision Hawthorne / Sunnyside

MLS Listing ID 23606145

Sold Date 11/13/23

Year Built 1927

Annual Tax Amount $27,629

Tax Year 2022

Property Description

Solid investment property in Sunnyside neighborhood in the heart of the Hawthorne District. The property consists of two buildings. An 11 unit built in 1927 & a 4-plex built in 1970, both on a 16,100 SF lot. There are 4 off-street parking spaces between the buildings, a laundry room & an additional room with individual storage for tenants.The 11-unit currently has 8 vacant units, deliberately left vacant by the current owner, which allows a new owner to put in tenants of their choice at current market rents.The fourplex has one vacant unit, two units that have not paid rent since Covid & one unit well under market rent at $525. Again, this was done deliberately by the current owner.The property is located one block north of Hawthorne Blvd. and five blocks south of Belmont St. Both streets are on bus lines and are well known for their trendy shops and restaurants. The property is two miles from downtown Portland, with easy access across the Hawthorne, Belmont & Burnside bridges.Vacant units available to see by appointment.

Location

State OR

County Multnomah

Community Laundry

Area _143

Zoning RM2

Rooms

Basement Exterior Entry, Partial Basement

Interior

Heating Forced Air

Cooling None

Exterior

Garage Spaces 4.0

Community Features Laundry

View Y/N false

Roof Type Composition

Parking Type Assigned, Paved

Garage No

Building

Lot Description Corner Lot

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Sunnyside Env

Middle Schools Sunnyside Env

High Schools Franklin

Others

Acceptable Financing CallListingAgent, Cash

Listing Terms CallListingAgent, Cash

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Regional Multiple Listing Service (RMLS)
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+1(503) 997-7870

todd@toddgundersonhomes.com

4660 NE 77th Ave Suite 309, Vancouver, WA, 98662

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