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Off market
  • $493,100

    3411 SE 85th Ave, Portland, OR 97266

    9beds
    9baths
    4,448sqft
    MultiFamily
    Built in 1996
    -- sqft lot
    $493,100 Zestimate®
    $111/sqft
    $-- HOA

    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.

    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
    Services availability
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    Estimated market value

    $493,100