Fabulous vintage Craftsman four-plex with all the original charm. Each unit has been updated with refinished or new hardwoods, new bath, granite, stainless appliances. Each unit has a laundry room in the basement, its own forced air furnace and plenty of additional communal storage. There are four one car garages which rent for $150 to $220 a month.
Off market
$981,900
NE Cleveland Ave, Portland, OR 97211
5beds
5baths
4,752sqft
MultiFamily
Built in 1907
-- sqft lot
$981,900 Zestimate®
$207/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Forced air, Gas
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
- Laundry: Common Area, Washer/Dryer Hookup
Features
- Storage
- Flooring: Hardwood
- Basement: Full, Storage Space
Interior area
- Total interior livable area: 4,752 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Stucco
Lot
- Size: 4,999 sqft
- Features: Level, Near Public Transit
Details
- Parcel number: R624882
- Zoning: MULTI
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1907
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 5700
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- FoundationDetails: Concrete Perimeter
- Heating: Forced Air
- RoadSurfaceType: Paved
- Appliances: Dishwasher, Refrigerator, Disposal, Electric Water Heater, Range
- GarageYN: true
- HeatingYN: true
- Utilities: Natural Gas Connected
- CoolingYN: true
- Flooring: Hardwood
- Basement: Full, Storage Space
- NumberOfUnitsTotal: 4
- Zoning: MULTI
- ConstructionMaterials: Stucco
- Roof: Composition
- LotFeatures: Level, Near Public Transit
- LeaseTerm: Month To Month
- Cooling: Window Unit(s)
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Detached, Garage
- PropertyCondition: Updated/Remodeled
- LaundryFeatures: Common Area, Washer/Dryer Hookup
- InteriorFeatures: Storage
- RentIncludes: Trash Collection
- TotalActualRent: 5700
- CapRate: 5.75
- OperatingExpense: 13600
- NetOperatingIncome: 63200
- GrossIncome: 76800
- MlsStatus: Pending
- Road surface type: Paved
Services availability
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Estimated market value
$981,900