1838 SW MILL STREET TER Portland, OR97201

$550,000
2 total units
2 total bedrooms
2 total bathrooms
$39,479 annual income
Capitilization Rate: 5.19
2100 total sq. ft
3,000 to 4,999 SqFt
Elementary School: Ainsworth
Middle School: West Sylvan
High School: Lincoln
Zoning: RM2
1083 days on market
Tour #1Tour #2

VestorFilter™

Price per unit$275K/unit
Price per ft²$261.89/ft²
Recent price drop$109,000
Price per acre$7.8M/ac
Price per bedroom$275K/bed
Time on market1083 days

Property Description

This property currently has an existing Duplex with a buildable lot. Can add more units. Buyer to do their Due Diligence. The RM2 zone is a medium-scale multi-dwelling zone. 3-4 story buildings. The types of new development will include a diverse range of multi-dwelling structures, fourplexes and rowhouses. Build a new complex with City and Mountain views or add on to existing Duplex. Do not disturb tenants or walk on property without an appointment. No sign on property. Driveway is up hill on L

{{ compliance-logo }}Listing Provided By Elite Realty & Associates LLC

Financial Data

Date Sold2021-10-01
Sold Price$550,000
Price ChangeDropped $109,000 on 12/09/2021
Total $109,000 drop
Original Price$659,000
Current Price$550,000
Property Taxes$6,477

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Home Facts

StatusSold
Year Built1890
Green/Energy SupplementYes
Home Energy Score1
Exterior Features
MLS ID21045349

Unit Details

Unit 1
Unit 2