3410 SE 111TH AVE Portland, OR97266

$590,000
4 total units
8 total bedrooms
4 total bathrooms
$39,480 annual income
Capitilization Rate: 3.00
4000 total sq. ft
15,000 to 19,999 SqFt
Elementary School: W Powellhurst
Middle School: Ron Russell
High School: David Douglas
Zoning: RM1
1189 days on market

VestorFilter™

Price per unit$147.5K/unit
Price per ft²$147.50/ft²
Price per acre$1.67M/ac
Price per bedroom$73.8K/bed
Time on market1189 days
Smart Fixer ListYes

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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Financial Data

Date Sold2021-02-22
Sold Price$590,000
Original Price$550,000
Current Price$590,000
Property Taxes$7,507

Find On Map

Home Facts

StatusSold
Year Built1979
Stories1
Exterior Features
MLS ID21120716

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4