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Sold
  • $1,660,000

    5013 SW View Point Ter, Portland, OR 97239

    16beds
    8,365sqft
    Multi Family
    Built in 1979
    -- sqft lot
    $1,666,000 Zestimate®
    $198/sqft
    $-- HOA

    What's special

    Seller will carry a first position loan at terms to be provided! 6.12 Cap Rate! 5 Unit apartment community in the heart of SW Portland, John's Landing & South Portland neighborhood. Minutes to downtown Portland & ideal for owner occupy! The property's 1, 3 & 4 bedroom units feature large floor plans, fully equipped kitchens w/stainless appliances, fireplaces, A/C, in-unit washer & dryer, patios or balconies & attached garages. Photos of Unit 5017 is 1900 sq. ft. apartment w/4 bedrooms, 2.5 bathrooms & river views. Photos of Unit 5021 is 2200 sq. ft. apartment w/4 bedrooms, 2.5 bathrooms and 2 car garage.Minutes to mass transit, freeways, shopping & recreation. Seller financing available, terms to be provided upon request. Additional utility offset paid by tenants $44 per person in each unit. Currently is $704 per month. Most units are nicely updated. Do not disturb tenants, Showing subject to Buyer qualifications and acceptable offer.

    Zillow last checked: 11 hours ago

    Listing updated: January 31, 2025 at 07:42am

    Listed by:

    Peter Jameson 503-320-1880,

    J Residential Properties,

    Erin Jameson Maher 503-407-1526,

    J Residential Properties

    Bought with:

    Peter Jameson, 200204424

    J Residential Properties

    Source: RMLS (OR),MLS#: 24024738MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 12
    • Full bathrooms: 9
    • Partial bathrooms: 3
    Heating
    • Forced Air 90, Fireplace(s)
    Cooling
    • Central Air, Wall Unit(s), Air Conditioning
    Appliances
    • Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater
    Features
    • Basement: Daylight,Finished
    Interior area
    • Total structure area: 8,365
    • Total interior livable area: 8,365 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage, Off Street
    • Garage spaces: 6
    Features
    • Stories: 2
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Mountain(s), River, Valley
    • Has water view: Yes
    • Water view: River
    Lot
    • Size: 10,018 sqft
    • Features: Sloped, SqFt 10000 to 14999
    Details
    • Parcel number: R285411
    • Zoning: R1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Panel, T111 Siding
    • Foundation: Block, Concrete Perimeter
    • Roof: Composition
    Condition
    • Existing
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & neighborhood

    Location
    • Region: Portland
    • Subdivision: South Portland

    HOA & financial

    Other financial information
    • Total actual rent: 13580

    Other

    Other facts
    • Listing terms: Cash,Contract,Conventional,Owner Will Carry
    • Road surface type: Concrete
    Services availability
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    Estimated market value

    $1,666,000