4420 NE 54TH AVE Portland, OR97218
$800,000
5 total units
5 total bedrooms
5 total bathrooms
$68,193 annual income
Capitilization Rate: 5.07
5097 total sq. ft
15,000 to 19,999 SqFt
Elementary School: Rigler
Middle School: Beaumont
High School: Leodis McDaniel
Zoning: R7
935 days on market
VestorFilter™
Price per unit$160K/unit
Price per ft²$156.96/ft²
Price per acre$2.27M/ac
Price per bedroom$160K/bed
Time on market935 days
Property Description
Phenomonal investment opportunity in Cully! They don't come any more charming than this as-built 1941 5plex on a .39 acre lot w/ off street parking. Each unit has its own layout w/ a front & back door opening to fenced yard on both sides. Beautiful orig details incl woodwork, tile & wood floors. Solid rents & incredible upside potential w/ some personal touches. Potential to utilize the newly adopted RIP zoning to increase density on this large parcel. Available to tour by appt. DND tenants.
{{ compliance-logo }}Listing Provided By Think Real Estate
Financial Data
Date Sold2021-12-28
Sold Price$800,000
Original Price$1,150,000
Current Price$800,000
Property Taxes$7,020
Find On Map
Home Facts
StatusSold
Year Built1941
Exterior Features
MLS ID21531913
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
