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Off market
  • $1,334,300

    1601 NW 23rd Ave, Portland, OR 97210

    8beds
    5,500sqft
    MultiFamily
    Built in 1904
    -- sqft lot
    $1,334,300 Zestimate®
    $243/sqft
    $-- HOA

    What's special

    Charming 8-unit community on Portlands Iconic NW 23rd Avenue! The apartments feature 9 foot ceilings, wood floors and fireplaces. The property maintains its original aesthetic but received all new siding in October of 2019. Walk to countless restaurants and shops, or hop on public transit right outside the front door. Short-term rentals are possible, Buyer to check with city. Perfect for owner-occupancy, or create an ideal live-work lifestyle w/your balcony overlooking 23rd.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Other, Electric
    Cooling
    • Other
    Appliances
    • Included: Range / Oven, Refrigerator
    • Laundry: Common Area
    Features
    • Flooring: Tile, Linoleum / Vinyl
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 5,500 sqft

    Property

    Features
    • Patio & porch: Deck
    • Exterior features: Composition
    • Has view: Yes
    • View description: City
    Lot
    • Features: Corner Lot, Views, Near Public Transit, Light Rail
    Details
    • Zoning: CM2

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Existing
    • Year built: 1904

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & neighborhood

    Security
    • Security features: Security Lights
    Location
    • Region: Portland

    HOA & financial

    Other financial information
    • Total actual rent: 7990

    Other

    Other facts
    • ViewYN: true
    • Sewer: Public Sewer
    • WaterSource: Public
    • Appliances: Refrigerator, Gas Water Heater, Range
    • FireplaceYN: true
    • Heating: Other
    • HeatingYN: true
    • Utilities: Natural Gas Connected
    • PatioAndPorchFeatures: Deck
    • Basement: Full, Storage Space
    • FoundationDetails: Slab
    • ConstructionMaterials: Wood Siding
    • NumberOfUnitsTotal: 8
    • Roof: Composition
    • LotFeatures: Corner Lot, Views, Near Public Transit, Light Rail
    • LeaseTerm: Month To Month
    • FarmLandAreaUnits: Square Feet
    • RentIncludes: Water, Sewer, Gas, Electricity, Trash Collection, Maintenance Grounds
    • Zoning: CM2
    • LaundryFeatures: Common Area
    • SecurityFeatures: Security Lights
    • RoadSurfaceType: Concrete
    • CapRate: 5.08
    • View: City
    • PropertyCondition: Existing
    • MlsStatus: Active
    • OperatingExpense: 39188
    • DistanceToBusNumeric: 0.00
    • DistanceToShoppingNumeric: 0.00
    • CommunityFeatures: Restaurants, Shopping, Bars, Gyms, Yoga
    • GrossIncome: 153120
    • GrossScheduledIncome: 155417
    • NetOperatingIncome: 106599
    • TotalActualRent: 7990
    • Road surface type: Concrete
    Services availability
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    Estimated market value

    $1,334,300