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.
Sold
$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
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#: 24529113

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