Fantastic turn key investment property. Low maintenance newer construction craftsman plus an impressive 5.74 cap rate and all in an A+ location, just off of SE Hawthorne Blvd.! Unit A consist of the top 3 floors and boasts 5 bedrooms and 3 1/2 baths. Spacious main floor living with lovely kitchen and eat area that opens to the fenced backyard. Unit B is the 1,085 square foot lower level and is a 2 bed 1 bath. Fully separate water and electricity for both units. And both fully rented with tenants that would love to stay.
Sold
$740,000
4642 SE Madison St, Portland, OR 97215
7beds
4,292sqft
Multi Family
Built in 2008
-- sqft lot
$732,200 Zestimate®
$172/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: November 26, 2024 at 07:14am
Listed by:
Kevin Caplener 503-888-6999,
Windermere Realty Trust,
Gina Hall Miller 503-709-5622,
Windermere Realty Trust
Bought with:
Suzann Baricevic Murphy, 860700098
Where, Inc.
Source: RMLS (OR),MLS#: 24313154

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- Partial bathrooms: 1
Heating
- Forced Air 90
Cooling
- Central Air, Air Conditioning
Appliances
- Included: Refrigerator, Washer/Dryer, Dishwasher, Gas Water Heater
Features
- Flooring: Hardwood
- Basement: Exterior Entry,Finished,Separate Living Quarters Apartment Aux Living Unit
Interior area
- Total structure area: 4,292
- Total interior livable area: 4,292 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Off Street
- Has uncovered spaces: Yes
Features
- Stories: 4
Lot
- Size: 4,791 sqft
- Features: Level, SqFt 3000 to 4999
Details
- Parcel number: R332813
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Approximately
- Year built: 2008
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
- Subdivision: Sunnyside / Hawthorne
HOA & financial
Other financial information
- Total actual rent: 4925
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Services availability

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Estimated market value
$732,200