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Off market
    • $1,030,800

    7928 N Fessenden St, Portland, OR 97203

    9beds
    3baths
    8,532sqft
    MultiFamily
    Built in 1998
    -- sqft lot
    $1,030,800 Zestimate®
    $121/sqft
    $-- HOA

    What's special

    The Fessenden Court Apts were built in 1998 as low-income housing, w/ 5 units rented to tenants earning 30% of the Median Family Income (MFI), and 4 units rented to tenants earning 60% of MFI. The units are rent restricted, see Portland Housing Bureau's website for details. Sec 8 tenants may qualify for a higher rent rate. Units are 3 BD, 1 bath, with high efficiency heaters, quality flooring and kitchens, with on-site laundry facility.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    Heating
    • Electric
    Appliances
    • Laundry: Common Area
    Interior area
    • Total interior livable area: 8,532 sqft

    Property

    Lot
    • Features: Corner Lot
    Details
    • Parcel number: R245355
    • Zoning: R1
    • Special conditions: Third Party Approval

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1998

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Portland

    HOA & financial

    Other financial information
    • Total actual rent: 2418

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Zoning: R1
    • Heating: Other
    • HeatingYN: true
    • Utilities: Electricity Connected
    • NumberOfUnitsTotal: 9
    • LotFeatures: Corner Lot
    • LeaseTerm: Month To Month
    • FarmLandAreaUnits: Square Feet
    • RentIncludes: Water, Sewer, Trash Collection
    • LaundryFeatures: Common Area
    • CapRate: 5.54
    • SpecialListingConditions: Third Party Approval
    • MlsStatus: Pending
    • GrossIncome: 88802
    • GrossScheduledIncome: 93169
    • OperatingExpense: 40342
    • NetOperatingIncome: 48460
    • TaxAnnualAmount: 10727.47
    • TotalActualRent: 2418
    Services availability
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    Estimated market value

    $1,030,800

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