Classic 1950's 4-plex with 4 attached garages and full basement with laundry and 4 separate storage units. Basement also has separate living area with bath and kitchen. Original tile in kitchens and baths. Hardwoods under carpeting. Private courtyard area. Prime convenient location for shopping, bus lines, restaurants, freeway and Mt. Tabor. Rents are way below market value per recent price opinions from management companies. Cap rate will improve dramatically with updated rents. Same owner for over 40 years. Seller is licensed Broker in the state of Oregon.
Sold
$800,000
11 NE 62nd Ave, Portland, OR 97213
--beds
--baths
4,106sqft
Multi Family
Built in 1951
-- sqft lot
$802,900 Zestimate®
$195/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: December 21, 2023 at 06:23am
Listed by:
Jeff Ellers 503-703-5001,
Oregon First
Bought with:
Tod Breslau, 200204192
Premiere Property Group, LLC
Source: RMLS (OR),MLS#: 23188116

Facts & features
Interior
Heating
- Forced Air
Cooling
- Heat Pump, Air Conditioning
Appliances
- Included: Range, Refrigerator
- Laundry: Common Area
Features
- Storage
- Basement: Full,Storage Space
Interior area
- Total structure area: 4,106
- Total interior livable area: 4,106 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Garage
- Has garage: Yes
Lot
- Features: Commons, Corner Lot, Gated, SqFt 5000 to 6999
Details
- Parcel number: R230685
- Zoning: RM1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Lap Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1951
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Laundry
Location
- Region: Portland
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Services availability

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Estimated market value
$802,900