1209 SE 41ST AVE, Portland, OR 97214

$875,000
List Price
$875,000
Days on Market
27
MLS#
21593730
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Southeast
Status
Pending

Property Description

Delightful vintage triplex, perfectly located in the popular Sunnyside neighborhood. Each of the three units has its own unique charm and character, with some thoughtful modern updates and additions. Generous bedroom sizes and large windows for abundant lovely light. Individual storage spaces in basement. Close to Laurelhurst Park, restaurants, transit, and top Bike/Walk scores. A solid, exciting long term investment opportunity in a vibrant, high-demand area.

Additional Information

Tax Amount
$8,079
Year Built
1924
High School
Franklin
Elementary School
Sunnyside Env
Middle School
Sunnyside Env
Subdivision
Sunnyside
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity, Gas
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Cumulative Days On Market
27
Sq Ft Approximate Building Total
4149
Capitalization Rate
4.1
Operating Expenses Actual
16800
Gross Income Actual
52680
Gross Rent Multiplier
16.61
Net Income Actual
35880
Occupancy Types
Leased
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1650
Unit Type One Sq Ft
773
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
1400
Unit Type Two Sq Ft
934
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1300
Unit Type Three Sq Ft
609
Unit Type Three Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Think Real Estate.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2021 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.