Close-in Rose City mid-century side by side, 2 bed/1 bath ea, w/frplc, hardwoods & partially finished bsmts w/built-in storage, tall ceilings & W/D hook ups. Well maint, perfect as owner occupied w/double garage. Upgrades include gas furnace & vinyl windows. Perfect location for living or renting, 2 blks to max & Normandale Park, near Providence Hosp, close to shopping & dining, 24-hour fit, & Trader Joes. Excellent long-term tenants. Upside in rent & potential for expansion w/new RM1 zoning.
Off market
$636,100
1038 NE 58th Ave, Portland, OR 97213
4beds
2baths
3,584sqft
MultiFamily
Built in 1958
-- sqft lot
$636,100 Zestimate®
$177/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced air, Gas
Cooling
- None
Appliances
- Laundry: Washer/Dryer Hookup
Features
- Flooring: Hardwood
- Windows: Window Coverings
- Basement: Partially Finished, Storage Space
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,584 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Brick
Lot
- Features: Level, Private
Details
- Zoning: RM1
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Cable Connected, Wireless
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 2900
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- FoundationDetails: Concrete Perimeter
- Heating: Forced Air
- RoadSurfaceType: Paved
- FireplaceYN: true
- GarageYN: true
- Basement: Partially Finished, Storage Space
- HeatingYN: true
- NumberOfUnitsTotal: 2
- Utilities: Natural Gas Connected, Cable Connected, Wireless
- Flooring: Hardwood
- ConstructionMaterials: Brick, Cedar
- Roof: Composition
- LotFeatures: Level, Private
- LeaseTerm: Month To Month
- Zoning: RM1
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Storage, Detached, Garage
- RentIncludes: Water, Sewer, Trash Collection, Maintenance Grounds
- WindowFeatures: Window Coverings
- PropertyCondition: Updated/Remodeled
- Appliances: Electric Water Heater
- TotalActualRent: 2900
- GrossScheduledIncome: 39600
- CapRate: 3.58
- LaundryFeatures: Washer/Dryer Hookup
- MlsStatus: Active
- GrossIncome: 34700
- NetOperatingIncome: 21416
- OperatingExpense: 8813
- Road surface type: Paved
Services availability
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Estimated market value
$636,100