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Off market
  • $465,900

    3411 SE 85th Ave, Portland, OR 97266

    9beds
    9baths
    4,448sqft
    MultiFamily
    Built in 1996
    -- sqft lot
    $465,900 Zestimate®
    $105/sqft
    $2,131 Estimated rent

    Home value

    $465,900

    $429,000 - $503,000

    $2,131/mo

    Zestimate® history
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    Owner options

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    $2,131/mo

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    $2,131/mo

    Rent Zestimate®

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    $2,783/mo

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    $2,783/mo

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    What's special

    Great opportunity for an investor or owner/occupant to purchase a 4-Plex building in SE Portland. One 3br unit and three 2 br unit options available with each unit featuring its own detached one car garage. Located close to restaurants, grocery stores, public transportation and easy access to the highway makes this property highly desirable and easy to lease! Current rents are below market rents. Fully leased with one vacancy coming up at the end of August.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 9
    Heating
    • Electric
    Interior area
    • Total interior livable area: 4,448 sqft

    Property

    Features
    • Exterior features: Brick
    Lot
    • Features: Near Public Transit
    Details
    • Zoning: CM1

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1996

    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: 4760

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • GarageYN: true
    • Heating: Other
    • HeatingYN: true
    • Utilities: Electricity Connected
    • NumberOfUnitsTotal: 4
    • ConstructionMaterials: Brick, Lap Siding
    • Roof: Composition
    • FarmLandAreaUnits: Square Feet
    • ParkingFeatures: Storage, Garage
    • Zoning: CM1
    • CapRate: 4.50
    • LotFeatures: Near Public Transit
    • TotalActualRent: 4760
    • CoListAgentFullName: Brandi Smith
    • MlsStatus: Pending
    • CoListAgentEmail: brandi@pdxpropertygroup.com
    • GrossIncome: 54515
    • NetOperatingIncome: 35527
    • OperatingExpense: 18987

    Price history

    DateEventPrice
    11/30/2023Listing removed--
    Source: Zillow Rentals
    11/21/2023Price change$1,800-9.8%
    Source: Zillow Rentals
    11/2/2023Listed for rent$1,995-9.3%
    Source: Zillow Rentals
    10/24/2023Listing removed--
    Source: Zillow Rentals
    10/3/2023Listed for rent$2,200
    Source: Zillow Rentals

    Public tax history

    Tax history is unavailable.

    Neighborhood: Powellhurst Gilbert

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Harrison Park
    • High: Madison

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $465,900

    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

    $465,900