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  • $1,070,000

    931 NE 81st Ave, Portland, OR 97213

    12beds
    5,208sqft
    Multi Family
    Built in 2008
    -- sqft lot
    $1,063,100 Zestimate®
    $205/sqft
    $-- HOA

    What's special

    Fantastic 4-plex property with unique hard-to-find 3 bedroom/2.1 bath, large 1300 square foot units great for longer term tenanncies. Stackable washer and dryer in every unit. Large living spaces. Kitchens include a range, refrigerator, dishwasher and disposal, built-in microwave, and spacious dining room. Living rooms have slider access to a fenced, private yard. All bedrooms are up. Primary has an en-suite bath with a shower and a walk-in closet. The second full bath has a tub/shower combination. Units are separately metered for electricity. Great for an owner-occupant after the lease ends 8/31/24. 6% cap rates are based on rent improvement to the highest rent level. Current cap rate of 5.5%. RUBS allows for utility bill back in all leases. Easy to get to mass trans, coffee, parks, and restaurants. 97 bike score. 82 walk score.

    Zillow last checked: 7 hours ago

    Listing updated: September 30, 2024 at 11:26am

    Listed by:

    Jeff Capen 503-888-5191,

    Windermere Realty Trust,

    John McClain 360-931-0160,

    Windermere Realty Trust

    Bought with:

    Jeff Capen, 200308199

    Windermere Realty Trust

    Source: RMLS (OR),MLS#: 24529113MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 12
    • Full bathrooms: 8
    • Partial bathrooms: 4
    Appliances
    • Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 5,208
    • Total interior livable area: 5,208 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 5,227 sqft
    • Features: Level, SqFt 5000 to 6999
    Details
    • Parcel number: R186023
    • Zoning: RM2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Lap Siding
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 2008

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Portland
    • Subdivision: Montavilla

    HOA & financial

    Other financial information
    • Total actual rent: 7868

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA
    • Road surface type: Paved
    Services availability
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    Estimated market value

    $1,063,100