4815 N MICHIGAN AVE Portland, OR97217

$435,540
2 total units
5 total bedrooms
2 total bathrooms
$1,500 annual income
Capitilization Rate: 0.27
3672 total sq. ft
5,000 to 6,999 SqFt
Elementary School: Beach
High School: Jefferson
Zoning: R2.5
1744 days on market

VestorFilter™

Price per unit$217.8K/unit
Price per ft²$118.61/ft²
Recent price drop$39,460
Price per acre$3.71M/ac
Price per bedroom$87.1K/bed
Time on market1744 days

Property Description

Priced for quick sale! Opportunity knocks with this Colonial style duplex, located near thriving Mississippi district. Hardwood throughout, total of 5 bedrooms, 2 bathrooms, full size basement, 2 fireplaces, old PDX charm, close access to public transportation and freeway. Large lot, RV parking, so many possibilities, 3 year old roof. Come with your ideas, great for investor, excellent income potential.

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Financial Data

Date Sold2019-11-05
Sold Price$435,540
Price ChangeDropped $39,460 on 11/20/2019
Total $64,360 drop
Original Price$499,900
Current Price$435,540
Property Taxes$3,725

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Home Facts

StatusSold
Year Built1927
Exterior Features
MLS ID19690897

Unit Details

Unit 1
Unit 2