Portland, OR 97213,931 NE 81ST AVE
Portland, OR 97213,931 NE 81ST AVE
Portland, OR 97213,931 NE 81ST AVE
Portland, OR 97213,931 NE 81ST AVE
Portland, OR 97213,931 NE 81ST AVE
Portland, OR 97213,931 NE 81ST AVE
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Listed by Windermere Realty Trust • 503-888-5191
Bought with Windermere Realty Trust

$1,070,000

$999,900

7.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5,208 SqFt


SOLD DATE : 09/27/2024

Key Details

Sold Price $1,070,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,208 sqft

Price per Sqft $205

Subdivision Montavilla

MLS Listing ID 24529113

Sold Date 09/27/24

Year Built 2008

Annual Tax Amount $12,570

Tax Year 2023

Lot Size 5,227 Sqft

Property Description

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.

Location

State OR

County Multnomah

Area _142

Zoning RM2

Rooms

Basement Crawl Space

Interior

Heating Wall Heater

Exterior

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Vestal

Middle Schools Roseway Heights

High Schools Jefferson

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Regional Multiple Listing Service (RMLS)

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Ted Tanner

Principal Broker | Lic# 201210644

+1(503) 828-7839

1915 NE Stucki Ave. Suite 250, Hillsboro, OR, 97006

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