Solid performing, nicely remodeled four-plex in the heart of the thriving and happening Mississippi neighborhood. Fully leased generating close to $63,000 in annual rents. Updated electrical and plumbing. Continue as four-plex or take advantage of commercial mixed use zoning to redevelop. Walk score 92 - walker's paradise, bike score 88 - very bikeable. Do not disturb tenants; offers subject to interior inspection.
Off market
$1,038,600
4065 N Mississippi Ave, Portland, OR 97227
4beds
3,753sqft
MultiFamily
Built in 1899
-- sqft lot
$1,038,600 Zestimate®
$277/sqft
$2,388 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced air, Gas
Appliances
- Included: Dishwasher, Refrigerator
Features
- Window Coverings, Dishwasher, Refrigerator, Hardwood Floors, Range
- Flooring: Hardwood
- Windows: Window Coverings
- Basement: Finished
- Attic: Storage
Interior area
- Total interior livable area: 3,753 sqft
Property
Parking
- Parking features: Garage
- Details: Open
Features
- Exterior features: Metal
- Has view: Yes
- View description: City
Lot
- Size: 5,000 sqft
- Features: Near Public Transit
Details
- Parcel number: R223534
- Zoning: CM-2
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1899
- Major remodel year: 1899
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Trash Collection
Community & neighborhood
Security
- Security features: Security Lights
Location
- Region: Portland
Other
Other facts
- Sewer: Public Sewer
- View: City Lights
- WaterSource: Public
- Heating: Forced Air, Natural Gas
- InteriorFeatures: Window Coverings, Dishwasher, Refrigerator, Hardwood Floors, Range
- GarageYN: true
- HeatingYN: true
- Basement: Full, Storage Space
- NumberOfUnitsTotal: 4
- CurrentFinancing: Conventional, Cash
- Roof: Composition
- StoriesTotal: 3
- NumberOfUnitsInCommunity: 4
- WindowFeatures: Window Coverings
- OpenParkingYN: true
- Zoning: CM-2
- YearBuiltEffective: 1899
- SecurityFeatures: Security Lights
- AssociationAmenities: Laundry
- ExteriorFeatures: Basement
- Attic: Storage
- Utilities: Trash Collection
- ParkingFeatures: Open
- ViewYN: Yes
- OtherParking: Open
- CommunityFeatures: Laundry
- CapRate: 6.03
- LotFeatures: Near Public Transit
- YearBuiltDetails: Remodeled
- CoListAgentEmail: Rebecca@berlinbergproperties.com
- CoListAgentFullName: Rebecca Powers
- MlsStatus: Pending
- GrossIncome: 61185
- GrossScheduledIncome: 65490
- OperatingExpense: 11428
Services availability
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
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
$1,038,600