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Off market
  • $2,514,200

    201 NE 148th Ave, Portland, OR 97230

    2beds
    1baths
    24,510sqft
    MultiFamily
    Built in 1998
    -- sqft lot
    $2,514,200 Zestimate®
    $103/sqft
    $-- HOA

    What's special

    DO NOT DISTURB TENANTS. 5.86 pro forma cap rate with nearly 7% cash flow. Realistic rental upside with opportunity for RUBS program. Well-maintained townhome units with full size W/D, walk-in closets and assigned off-street parking. Newer roof within last 5 years. Located near MAX and Glendoveer Golf Course. 100% occupied.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Forced air, Electric
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Basement: Crawl Space
    Interior area
    • Total interior livable area: 24,510 sqft

    Property

    Features
    • Exterior features: Vinyl
    Lot
    • Features: Level
    Details
    • Zoning: RM3

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Existing
    • Year built: 1998

    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: 1017

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Heating: Forced Air
    • Appliances: Dishwasher, Refrigerator, Washer/Dryer, Electric Water Heater, Range
    • HeatingYN: true
    • Utilities: Electricity Connected
    • ConstructionMaterials: Vinyl Siding
    • LotFeatures: Level
    • LeaseTerm: Month To Month
    • NumberOfUnitsTotal: 30
    • Basement: Crawl Space
    • FarmLandAreaUnits: Square Feet
    • ParkingFeatures: Assigned
    • RentIncludes: Water, Sewer, Trash Collection, Maintenance Grounds
    • Zoning: RM3
    • PropertyCondition: Existing
    • CapRate: 4.77
    • MlsStatus: Active
    • GrossIncome: 366660
    • GrossScheduledIncome: 423000
    • NetOperatingIncome: 214680
    • OperatingExpense: 133362
    • TaxAnnualAmount: 42941.16
    • TotalActualRent: 1017
    Services availability
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    Estimated market value

    $2,514,200