2015 NE 47TH AVEPortland, OR97213
$1,900,000
5 total units
$146,640 annual income
Capitilization Rate: 6.71
5400 sq. ft
SqFt3000to4999
Elementary School: Beverly Cleary
Middle School: Beverly Cleary
High School: Grant
Zoning: RM2
901 days on market
VestorFilter™
Price per unit$380K/unit
Price per ft²$351.85/ft²
Recent price drop$100,000
Time on market901 days
Property Description
Beautiful high end construction of modern 5 unit apartment complex from quality local builder with 1bed, 2bed & 4bed units. All units fully leased. Dream rental area. 94 walk score, 92 bike score. Featuring open floor plans, tall ceilings, SS appliances, quartz counters, soft close, W/D in units, sky lights, private fenced yards/decks for each unit and more! Situated in an excellent location, blocks to eateries, shopping, theater, max line, parks & schools. Listing broker is one of the owners.
{{ compliance-logo }}Listing Provided By Oregon First
Financial Data
Date Sold2022-11-22
Sold Price$1,870,000
Price ChangeDropped $100,000 on 12/02/2022
Total $450,000 drop
Total $450,000 drop
Original Price$2,350,000
Current Price$1,900,000
Property Taxes$2,065
Find On Map
Home Facts
StatusSold
Year Built2021
Exterior Features
MLS ID21281507
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4