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Off market
  • $938,050

    4235 SE 16th Ave, Portland, OR 97202

    8beds
    3,184sqft
    MultiFamily
    Built in 1968
    -- sqft lot
    $-- Zestimate®
    $295/sqft
    $3,449 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,449/mo

    Zestimate® history
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    What's special

    Turn-key 4-Plex in desirable Brooklyn neighborhood. All the work is done including new roof in 2018, newer windows, recently painted. Each unit has been tastefully updated with newer cabinetry, lighting and flooring. Upper units feature private balconies w/storage and lower units include their own walk-out deck. Very well cared for investment w/Assigned Parking. Great cash flow! Projected income ~ 75k annually!

    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: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard
    Appliances
    • Included: Refrigerator
    Features
    • Refrigerator, Storage, Range
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 3,184 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Exterior features: Wood, Brick
    Lot
    • Size: 5,009 sqft
    • Features: Level
    Details
    • Parcel number: R117948
    • Zoning: R5

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Built-up
    Condition
    • Year built: 1968
    • Major remodel year: 1968

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Entry
    Location
    • Region: Portland

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Zoning: R5
    • GarageYN: true
    • ExteriorFeatures: Deck, Individual Storage Units
    • HeatingYN: true
    • Roof: Flat
    • Heating: Zoned
    • NumberOfUnitsTotal: 4
    • CurrentFinancing: Conventional, FHA, Cash
    • StoriesTotal: 2
    • LotFeatures: Level
    • NumberOfUnitsInCommunity: 4
    • ParkingFeatures: Assigned
    • YearBuiltEffective: 1968
    • AssociationAmenities: Laundry
    • InteriorFeatures: Refrigerator, Storage, Range
    • CommunityFeatures: Laundry
    • CapRate: 5.93
    • GrossScheduledIncome: 74700
    • CoListAgentEmail: theresapdx@gmail.com
    • CoListAgentFullName: Theresa deSousa
    • MlsStatus: Pending
    • GrossIncome: 73560
    • OperatingExpense: 16113
    • SecurityFeatures: Entry

    Price history

    DateEventPrice
    1/24/2020Sold$985,000+1.7%$309/sqft
    Source: RMLS (OR) #19214931
    12/2/2019Pending sale$969,000$304/sqft
    Source: JMA Properties LLC #19214931
    11/26/2019Listed for sale$969,000+2%$304/sqft
    Source: JMA Properties LLC #19214931
    5/1/2018Listing removed$950,000$298/sqft
    Source: JMA Properties LLC #18611495
    4/6/2018Listed for sale$950,000+118.1%$298/sqft
    Source: JMA Properties LLC #18611495

    Public tax history

    YearProperty taxesTax assessment
    2025$11,699 +3.7%$434,190 +3%
    2024$11,279 +4%$421,550 +3%
    2023$10,845 +2.2%$409,280 +3%

    Find assessor info on the county website

    Neighborhood: Brooklyn

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Grout
    • Middle: Hosford
    • High: Cleveland

    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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