Blocks from New Seasons, this fantastically located fourplex is turn-key and ready to go! Each unit features 2 bedrooms upstairs with 1.5 baths, its own washer and dryer, attached secure storage, and a private patio. RM3 zoning provides huge upside for future development. Property next door just built 18 condos, listed currently at 4.8 Million! Cash flow now, build later. Check out the 6.15% cap rate Pro Forma and 3D virtual tour links.
Off market
$1,051,200
1817 N Rosa Parks Way, Portland, OR 97217
8beds
8baths
4,190sqft
MultiFamily
Built in 2005
-- sqft lot
$1,051,200 Zestimate®
$251/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Forced air, Electric
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
Features
- Storage, Locked Storage
- Basement: Crawl Space
Interior area
- Total interior livable area: 4,190 sqft
Property
Features
- Exterior features: Cement / Concrete
Lot
- Size: 5,000 sqft
Details
- Parcel number: R305907
- Zoning: RM3
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Approximately
- Year built: 2005
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: 6525
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- FoundationDetails: Concrete Perimeter
- RoadSurfaceType: Paved
- Appliances: Dishwasher, Refrigerator, Washer/Dryer, Electric Water Heater
- HeatingYN: true
- Utilities: Electricity Connected
- Heating: Zoned
- NumberOfUnitsTotal: 4
- Roof: Composition
- LeaseTerm: Month To Month
- Basement: Crawl Space
- ConstructionMaterials: Cement Siding
- FarmLandAreaUnits: Square Feet
- RentIncludes: Water, Sewer, Trash Collection
- InteriorFeatures: Storage, Locked Storage
- CapRate: 4.64
- GrossScheduledIncome: 84000
- Zoning: RM3
- MlsStatus: Pending
- CoListAgentEmail: yascha@mac.com
- CoListAgentFullName: Yascha Noonberg
- PropertyCondition: Approximately
- GrossIncome: 73179
- NetOperatingIncome: 48682
- OperatingExpense: 25718
- TotalActualRent: 6525
- Road surface type: Paved
Services availability
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Estimated market value
$1,051,200