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!
Off market
$893,730
4235 SE 16th Ave, Portland, OR 97202
8beds
3,184sqft
MultiFamily
Built in 1968
-- sqft lot
$-- Zestimate®
$281/sqft
$2,584 Estimated rent
Owner options
What's special
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