This property currently has an existing Duplex with a buildable lot. Can add more units. Buyer to do their Due Dilgence.The RM2 zone is a medium-scale multi-dwelling zone. 3-4 story buildings. The types of new development will include a diverse range of multi-dwelling structures, fourplexes and rowhouses. Build a new complex with City and Mountain views or add on to exsiting Duplex. Do not disturb tenants or walk on property without an appointment. NEW LOWER PRICE
Off market
$502,400
1838 SW Mill Street Ter, Portland, OR 97201
2beds
2baths
2,100sqft
MultiFamily
Built in 1890
-- sqft lot
$502,400 Zestimate®
$239/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Baseboard, Electric
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
Features
- Basement: Daylight, Exterior Entry, Storage Space
Interior area
- Total interior livable area: 2,100 sqft
Property
Features
- Patio & porch: Deck
- Exterior features: Wood
- Has view: Yes
- View description: City, Mountain
Lot
- Features: Level, Corner Lot, Sloped, Views
- Topography: Hilly
Details
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
Condition
- Existing
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Green energy
- Green verification: Home Energy Score
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 3340
Other
Other facts
- ViewYN: true
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- Topography: Hilly
- Appliances: Dishwasher, Refrigerator, Washer/Dryer, Electric Water Heater
- HeatingYN: true
- NumberOfUnitsTotal: 2
- PatioAndPorchFeatures: Deck
- Utilities: Electricity Connected
- Roof: Flat
- ConstructionMaterials: Wood Siding, Cedar
- LotFeatures: Level, Corner Lot, Sloped, Views
- FarmLandAreaUnits: Square Feet
- Zoning: RM2
- OpenParkingYN: true
- GreenBuildingVerificationType: Home Energy Score
- View: Mountain(s), City
- Basement: Daylight, Exterior Entry, Storage Space
- ParkingFeatures: Open
- GrossIncome: 20280
- GrossScheduledIncome: 40800
- CapRate: 2.34
- PropertyCondition: Existing
- TotalActualRent: 3340
- MlsStatus: Pending
- NetOperatingIncome: 14041
- OperatingExpense: 6239
- TaxAnnualAmount: 6239.05
Services availability

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Estimated market value
$502,400