9038 SW 25TH AVE Portland, OR97219
$1,550,000
4 total units
7 total bedrooms
6 total bathrooms
$77,760 annual income
Capitilization Rate: 5.02
4682 total sq. ft
20,000 SqFt to .99 Acres
Elementary School: Capitol Hill
Middle School: Jackson
High School: Ida B Wells
Zoning: R7
937 days on market
TourVestorFilter™
Price per unit$387.5K/unit
Price per ft²$331.06/ft²
Recent price drop$340,000
Price per acre$3.3M/ac
Price per bedroom$221.4K/bed
Time on market937 days
Property Description
This is an AMAZING property with TON of income potential. Great lot equaling 0.74 ac in Markham nhbd. Includes 4 separate residences, 2 single family homes & 1 duplex. All are occupied by tenants who are on year leases w rents totaling nearly $78k per year. Potentially 2 more building sites for development. All quality homes surrounded by large trees & mature landscaping. Fantastic location w easy I-5 access, quick commute to downtown. Very bikeable, close to schools, parks, almost everything.
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Financial Data
Price ChangeDropped $340,000 on 01/14/2022
Total $600,000 drop
Total $600,000 drop
Original Price$2,150,000
Current Price$1,550,000
Property Taxes$11,025
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Home Facts
StatusPending
Year Built1943
Exterior Features
MLS ID21434887
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4
