7020 SW CAPITOL HILL RD Portland, OR97219

$1,225,000
4 total units
16 total bedrooms
10 total bathrooms
$90,540 annual income
Capitilization Rate: 5.12
4500 total sq. ft
7,000 to 9,999 SqFt
Elementary School: Rieke
Middle School: Robert Gray
High School: Ida B Wells
Zoning: R2
1213 days on market

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Price per unit$306.3K/unit
Price per ft²$272.22/ft²
Recent price drop$50,000
Price per acre$7.45M/ac
Price per bedroom$76.6K/bed
Time on market1213 days

Property Description

Tremendous 4-Plex opportunity in the Capitol Hill/Hillsdale neighborhood. Well maintained and very spacious, featuring twounits with 5bd/3ba, and two with 3bd/2ba. All include washer & dryer, decks over looking green space, range, refrigerator, window coverings, fireplace, and assigned parking spaces. Excellent rental history and professionally managed. Great turn-key investment with great CAP rates and GRMs. Minutes to downtown!

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Financial Data

Date Sold2021-08-12
Sold Price$1,225,000
Price ChangeDropped $50,000 on 08/12/2021
Total $50,000 drop
Original Price$1,275,000
Current Price$1,225,000
Property Taxes$16,118

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Home Facts

StatusSold
Year Built1970
Stories3
Exterior Features
MLS ID20482273

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4