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Off market
    • $1,084,300

    127 SE 148th Ave, Portland, OR 97233

    20beds
    3,331sqft
    MultiFamily
    Built in 1954
    -- sqft lot
    $1,084,300 Zestimate®
    $326/sqft
    $-- HOA

    What's special

    Recently updated, significantly improved, fully leased 12 plex with tremendous upside. Major improvements include brand new parking lot, all units repainted, new stairs and decks, exterior lighting, new siding and more. Three of the units have been fully remodeled and four of the units are significantly below market rents. Located between Burnside and Stark on 148th with public transportation steps away. RUB your way to a 7 CAP.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 20
    • Bathrooms: 10
    • Full bathrooms: 10
    Heating
    • Baseboard
    Features
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,331 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached
    • Details: Paved
    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.46 Acres
    • Features: Level
    Details
    • Parcel number: R109751
    • Zoning: RH

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1954
    • Major remodel year: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Available, Sewer Available, Trash Collection, Landscaping

    Community & neighborhood

    Location
    • Region: Portland

    Other

    Other facts
    • Sewer: Public Sewer
    • View: City Lights
    • WaterSource: Public
    • Heating: Baseboard
    • Basement: Finished, Full
    • Zoning: RH
    • HeatingYN: true
    • NumberOfUnitsTotal: 12
    • CurrentFinancing: Conventional, Cash
    • NumberOfUnitsInCommunity: 12
    • LotFeatures: Level
    • Utilities: Water Available, Sewer Available, Trash Collection, Landscaping
    • YearBuiltEffective: 1954
    • ParkingFeatures: Paved
    • ViewYN: Yes
    • OtherParking: Paved
    • CapRate: 5.61
    • GrossIncome: 143856
    • GrossScheduledIncome: 160690
    • OperatingExpense: 47153
    Services availability
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    Estimated market value

    $1,084,300

    Nearby cities