Appraised at $1.265 Mil in Dec 2017. List price based on $700K for the 4-plex & $175K for the lot. Grand old Four-Plex with development potential. The 4-plex & detached garage sit on the east side of an oversized 8,572 SF lot. Owner applied for a Lot Line Adjustment & received a Property Line Adjustment Checksheet from the City. Unit features include hardwood floors, built-ins, decks and a fabulous front porch.
Off market
$1,092,700
4047 SE Main St, Portland, OR 97214
5beds
3,973sqft
MultiFamily
Built in 1900
-- sqft lot
$1,092,700 Zestimate®
$275/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Radiant, Electric, Gas
Cooling
- None
Appliances
- Included: Refrigerator
Features
- Refrigerator, Storage, Hardwood Floors, Range
- Flooring: Hardwood
- Basement: Unfinished
Interior area
- Total interior livable area: 3,973 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage - Detached
- Details: Garage, Paved
Features
- Exterior features: Other
Lot
- Size: 9,997 sqft
- Features: Level
Details
- Parcel number: R281243
- Zoning: R2.5
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1900
- Major remodel year: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available, Sewer Available, Heat, Trash Collection, Landscaping
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Radiant, Natural Gas
- GarageYN: true
- Basement: Unfinished, Full, Storage Space
- ExteriorFeatures: Deck, Basement
- HeatingYN: true
- Utilities: Electricity Available, Water Available, Sewer Available, Heat, Trash Collection, Landscaping
- NumberOfUnitsTotal: 4
- CurrentFinancing: Conventional, FHA, Cash, VA Loan
- Roof: Composition
- StoriesTotal: 2
- LotFeatures: Level
- NumberOfUnitsInCommunity: 4
- ElectricOnPropertyYN: True
- YearBuiltEffective: 1900
- Zoning: R2.5
- ParkingFeatures: Garage, Paved
- InteriorFeatures: Refrigerator, Storage, Hardwood Floors, Range
- View: Trees/Woods
- ViewYN: Yes
- OtherParking: Garage, Paved
- CapRate: 4.00
- GrossScheduledIncome: 61200
- OperatingExpense: 16991
- YearBuiltDetails: Existing
- GrossIncome: 53556
- CoListAgentEmail: kathy@marcrogersinc.com
- CoListAgentFullName: Kathy Rogers
Services availability
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Estimated market value
$1,092,700