3410 SE 111TH AVE, Portland, OR 97266
- $550,000
- List Price
- $550,000
- Days on Market
- 5
- MLS#
- 21120716
- Property Type
- Multifamily
- Lot Size
- 15, 000 to 19, 999 SqFt
- Region
- Portland Southeast
- Status
- Pending
Property Description
Please do not disturb tenants or walk property. No for sale sign. Single level 4plex on large lot, development potential. Zoned RM1. Opportunity as is, room for improvement equity, or redevelop. Photos are of unit that needs rehab, other units updated already but we don't have those photos out of respect for the tenants. Rents low & could be increased. 2 units w/ attached garage, 2 detached. Fenced yards. Easy access to transit, highways, shopping, parks. Offers subject to interior inspection.
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Additional Information
- Tax Amount
- $7,507
- Year Built
- 1979
- High School
- David Douglas
- Elementary School
- W Powellhurst
- Middle School
- Ron Russell
- Stories
- 1
- Subdivision
- Powellhurst-Gilbert
- Terms
- Call Listing Agent, Cash, Conventional
- Fuel Description
- Electricity
- Heating Description
- Baseboard
- Hot Water Description
- Electricity, Tank
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Water Description
- Public
- Cumulative Days On Market
- 5
- Sq Ft Approximate Building Total
- 4000
- Capitalization Rate
- 3
- Operating Expenses Actual
- 22956
- Gross Income Actual
- 39480
- Gross Rent Multiplier
- 13.93
- Net Income Actual
- 16524
- Occupancy Types
- Month To Month
- Covenants/Restrictions
- No
- Road Surface
- Paved
- Number Of Units Total
- 4
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 911
- Unit Type One Sq Ft
- 801
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Rent
- 890
- Unit Type Two Sq Ft
- 801
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 2
- Unit Type Three Rent
- 885
- Unit Type Three Sq Ft
- 801
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 1
- Unit Type Four Beds Total
- 2
- Unit Type Four Sq Ft
- 801
- Unit Type Four Units Total
- 1
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Listing courtesy of Roots Realty.
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