Incredible opportunity to purchase an investment property a block from N Mississippi Ave. These townhouses feel brand new, you will be amazed by the captivating finishes, open floorplan, and meticulous eye for details that these homes deliver. With local shops and an array of delicious restaurants/bars, all at your fingertips making these perfect for rentals, Airbnb, or live on one side and rent the remaining 3 units. Separate water & electrical for all 4 units. No Sign, Priced to sell!!!
Off market
$1,299,400
4476 N Michigan Ave, Portland, OR 97217
8beds
8baths
5,324sqft
MultiFamily
Built in 2016
-- sqft lot
$1,299,400 Zestimate®
$244/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
Features
- Flooring: Hardwood
- Windows: Window Coverings
- Basement: Crawl Space, Separate Living Quarters/Apartment/Aux Living Unit
- Has fireplace: Yes
Interior area
- Total interior livable area: 5,324 sqft
Property
Features
- Exterior features: Cement / Concrete
Lot
- Features: Corner Lot
Details
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 2016
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 8200
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- FoundationDetails: Concrete Perimeter
- Heating: Forced Air
- RoadSurfaceType: Paved
- Appliances: Dishwasher, Refrigerator, Washer/Dryer, Gas Water Heater, Electric Water Heater
- FireplaceYN: true
- HeatingYN: true
- Utilities: Natural Gas Connected
- CoolingYN: true
- Flooring: Hardwood
- NumberOfUnitsTotal: 4
- Roof: Composition
- LotFeatures: Corner Lot
- Basement: Crawl Space, Separate Living Quarters/Apartment/Aux Living Unit
- ConstructionMaterials: Cement Siding
- FarmLandAreaUnits: Square Feet
- Zoning: RM2
- WindowFeatures: Window Coverings
- Cooling: Central Air
- PropertyCondition: Updated/Remodeled
- OperatingExpense: 17000
- CapRate: 6.23
- GrossIncome: 98000
- TotalActualRent: 8200
- MlsStatus: Pending
- NetOperatingIncome: 81000
- TaxAnnualAmount: 8514.41
- Road surface type: Paved
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.
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,299,400