3 cash flowing residences with developable opportunity. Hold it and make money and then develop it when the time is right-because of a city path on the edge of the property, two of the lots are "corner lots" and can be used as R2.5.It's the unique opportunity for development you've been looking for, see it today!
Off market
$611,700
4600 NE 72nd Ave, Portland, OR 97218
4beds
2,200sqft
MultiFamily
Built in 1954
-- sqft lot
$611,700 Zestimate®
$278/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Gas
Appliances
- Included: Refrigerator
Features
- Refrigerator, Range, Washer/Dryer Hookup
Interior area
- Total interior livable area: 2,200 sqft
Property
Parking
- Total spaces: 6
Features
- Exterior features: Other
Lot
- Size: 0.42 Acres
- Features: Level
Details
- Zoning: R7
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1954
- Major remodel year: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Unknown
Location
- Region: Portland
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- RoadSurfaceType: Paved
- Zoning: R7
- ExteriorFeatures: Deck
- HeatingYN: true
- FoundationDetails: Slab, Block
- NumberOfUnitsTotal: 4
- CurrentFinancing: Conventional, Cash
- Roof: Composition
- StoriesTotal: 1
- LotFeatures: Level
- NumberOfUnitsInCommunity: 4
- YearBuiltEffective: 1954
- OpenParkingYN: true
- InteriorFeatures: Refrigerator, Range, Washer/Dryer Hookup
- ParkingFeatures: Open
- CapRate: 6.38
- GrossIncome: 39300
- MlsStatus: Active
- SecurityFeatures: Unknown
- GrossScheduledIncome: 39300
- OperatingExpense: 4184
- Road surface type: Paved
Services availability

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Estimated market value
$611,700