Portland, OR 97213,11 NE 62ND AVE
Portland, OR 97213,11 NE 62ND AVE
Portland, OR 97213,11 NE 62ND AVE
Portland, OR 97213,11 NE 62ND AVE
Portland, OR 97213,11 NE 62ND AVE
Portland, OR 97213,11 NE 62ND AVE
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Listed by Oregon First
Bought with Premiere Property Group, LLC

$800,000

$950,000

15.8%
Est.Price: ?

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Est. payment /mo

4,106 SqFt


SOLD DATE : 12/21/2023

Key Details

Sold Price $800,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,106 sqft

Price per Sqft $194

MLS Listing ID 23188116

Sold Date 12/21/23

Year Built 1951

Annual Tax Amount $11,007

Tax Year 2022

Property Description

Classic 1950's 4-plex with 4 attached garages and full basement with laundry and 4 separate storage units. Basement also has separate living area with bath and kitchen. Original tile in kitchens and baths. Hardwoods under carpeting. Private courtyard area. Prime convenient location for shopping, bus lines, restaurants, freeway and Mt. Tabor. Rents are way below market value per recent price opinions from management companies. Cap rate will improve dramatically with updated rents. Same owner for over 40 years. Seller is licensed Broker in the state of Oregon.

Location

State OR

County Multnomah

Community Laundry

Area _142

Zoning RM1

Rooms

Basement Full Basement

Interior

Heating Forced Air

Cooling Heat Pump

Exterior

Garage Spaces 4.0

Community Features Laundry

View Y/N false

Roof Type Composition

Parking Type Attached, Garage

Garage No

Building

Lot Description Commons, Corner Lot, Gated

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Vestal

Middle Schools Harrison Park

High Schools Franklin

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)
agent-avatar

+1(503) 997-7870

todd@toddgundersonhomes.com

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

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