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Off market
    • $1,247,600

    3815 SE 122nd Ave, Portland, OR 97236

    0beds
    0baths
    6,560sqft
    Townhouse
    Built in 1964
    -- sqft lot
    $1,247,600 Zestimate®
    $190/sqft
    $1,828 Estimated rent

    Owner options

    List your home for rent

    $1,828/mo

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    $1,828/mo

    Rent Zestimate®

    Refinance and save

    $7,622/mo

    Est. payment

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    $7,622/mo

    Est. payment

    What's special

    The Powellhurst Apartments are an 8 unit apartment complex comprised of 2/1 units measuring 720 square feet. Significantly remodeled in 16' & further upgraded since, this property represents an opportunity to enjoy the cash flow of a fully leased property while growing the NOI through realistic rent increases, RUBS and garage. Located in one of the fastest growing areas of the PDX metro area this property enjoys historically low vacancy

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Heating
    • Radiant
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    Features
    • Dishwasher, Refrigerator, Storage, Range
    Interior area
    • Total interior livable area: 6,560 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Features: Level
    Details
    • Parcel number: R534299
    • Zoning: R1

    Construction

    Type & style
    • Home type: Townhouse
    Materials
    • Roof: Composition
    Condition
    • Year built: 1964
    • Major remodel year: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Limited Access
    Location
    • Region: Portland

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Heating: Radiant
    • Zoning: R1
    • HeatingYN: true
    • NumberOfUnitsTotal: 8
    • CurrentFinancing: Conventional, Cash, Owner Will Carry
    • Roof: Composition
    • StoriesTotal: 2
    • LotFeatures: Level
    • NumberOfUnitsInCommunity: 8
    • YearBuiltEffective: 1964
    • AssociationAmenities: Laundry
    • ParkingFeatures: Paved
    • InteriorFeatures: Dishwasher, Refrigerator, Storage, Range
    • CommunityFeatures: Laundry
    • ExteriorFeatures: Individual Storage Units, Locked
    • CapRate: 5.60
    • GrossIncome: 103860
    • MlsStatus: Active
    • GrossScheduledIncome: 121497
    • OperatingExpense: 31354
    • SecurityFeatures: Limited Access
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    Estimated market value
    $1,247,600

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