Rare opportunity to own charming 4-plex in Irvington. All units are rented. Each 2 bed/1 bath apartment has fireplace, hardwoods, built-ins, covered sun porch or open-air balcony. Spacious basement can be finished for added square footage. Backyard common area, on-site laundry, & storage. Significant improvements, include new roof, EQ retrofitting, & updated plumbing. Centrally located to shops and restaurants. Bike Score=100, Walk Score=88.
Off market
Street View
$1,220,000
2240 NE 14th Ave, Portland, OR 97212
8beds
4,316sqft
MultiFamily
Built in 1908
-- sqft lot
$1,220,000 Zestimate®
$283/sqft
$3,214 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Common Area
Features
- Individual Storage Units
- Flooring: Hardwood
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 4,316 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
Features
- Exterior features: Stucco
Lot
- Size: 5,000 sqft
- Features: Level, Corner Lot
Details
- Parcel number: R188570
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Security
- Security features: Entry
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 6455
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- FoundationDetails: Concrete Perimeter
- Zoning: R5
- Appliances: Refrigerator, Electric Water Heater, Range
- FireplaceYN: true
- HeatingYN: true
- Utilities: Electricity Connected
- Flooring: Hardwood
- Basement: Full, Exterior Entry, Storage Space
- NumberOfUnitsTotal: 4
- ConstructionMaterials: Stucco
- Roof: Composition
- LotFeatures: Level, Corner Lot
- FarmLandAreaUnits: Square Feet
- RentIncludes: Water, Sewer, Trash Collection, Maintenance Grounds
- OperatingExpense: 15600
- LaundryFeatures: Common Area
- CapRate: 3.12
- MlsStatus: Active
- DistanceToBusNumeric: 0.25
- DistanceToShoppingNumeric: 0.25
- SecurityFeatures: Entry
- InteriorFeatures: Individual Storage Units
- CommunityFeatures: Commons
- GrossScheduledIncome: 75480
- GrossIncome: 55980
- NetOperatingIncome: 40380
- TotalActualRent: 6455
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,220,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,220,000