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  • $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

    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.

    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#: 24313154MLS Logo

    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