Great investment and fully occupied by long term tenants! 6-Plex (Two tax ID's, 4-plex and Duplex). Coin operated laundry, so extra income there. All units have single assigned parking space. 4-Plex built in 2003 and duplex remodeled at the same time. Owner pays sewer, water & trash, each unit has electric meter. Sale subject to seller finding suitable replacement property under 1031 exchange. Please DO NOT disturb tenants.
Off market
$848,000
1220 NE 84th Ave, Portland, OR 97220
10beds
6baths
5,450sqft
MultiFamily
Built in 2003
-- sqft lot
$848,000 Zestimate®
$156/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Heating
- Wall, Electric
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
- Laundry: Common Area
Features
- Storage
- Basement: Unfinished
Interior area
- Total interior livable area: 5,450 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl
Lot
- Size: 5,000 sqft
- Features: Level, Cul-de-Sac
Details
- Parcel number: R205496
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Approximately
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 7394
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- RoadSurfaceType: Paved, Concrete
- Appliances: Dishwasher, Refrigerator, Disposal, Electric Water Heater, Range
- HeatingYN: true
- Utilities: Electricity Connected
- NumberOfUnitsTotal: 6
- ConstructionMaterials: Vinyl Siding
- Roof: Composition
- LotFeatures: Level, Cul-de-Sac
- Basement: Crawl Space
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Assigned, Paved
- RentIncludes: Water, Sewer, Trash Collection
- Zoning: RM2
- LaundryFeatures: Common Area
- Heating: Wall Furnace
- InteriorFeatures: Storage
- CapRate: 4.33
- MlsStatus: Active
- PropertyCondition: Approximately
- CommunityFeatures: Commons
- GrossIncome: 88128
- NetOperatingIncome: 56316
- OperatingExpense: 31812
- TaxAnnualAmount: 8262.46
- TotalActualRent: 7394
- Road surface type: Paved, Concrete
Services availability
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$848,000