7535 N HEPPNER AVEPortland, OR97203

$824,900
4 total units
$48,000 annual income
Capitilization Rate: 3.76
3132 sq. ft
SqFt10000to14999
Elementary School: James John
Middle School: George
High School: Roosevelt
Zoning: RM1
1319 days on market

VestorFilter™

Price per unit$206.2K/unit
Price per ft²$263.38/ft²
Recent price drop$25,000
Time on market1319 days

Property Description

4 plex in St. Johns Each unit is 2 beds 1 bath. Basement has storage for each unit and coin operated washer & dryer. Potential to build add'l unit(s) on this lot (10,152 SqFt)-buyer to do due diligence regarding requirements and approvals for same. 1 block to bus and Lombard Fred Meyer. Owner pays water, sewer & garbage. Off street parking. Seller to do IRS 1031 tax deferred exchange at closing-no costs to buyer. Write offer subj to interior inspection Do not disturb tenants.

{{ compliance-logo }}Listing Provided By Premiere Property Group, LLC

Financial Data

Date Sold2021-10-26
Sold Price$800,000
Price ChangeDropped $25,000 on 04/26/2023
Total $100,100 drop
Original Price$925,000
Current Price$824,900
Property Taxes$6,958

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Home Facts

StatusSold
Year Built1970
Exterior Features
MLS ID20111156

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4