13062 SE POWELL BLVD Portland, OR97236

$1,850,000
14 total units
6 total bedrooms
6 total bathrooms
$169,380 annual income
Capitilization Rate: 3.43
14055 total sq. ft
20,000 SqFt to .99 Acres
Elementary School: Lincoln Park
Middle School: Alice Ott
High School: David Douglas
Zoning: RM1
1136 days on market

VestorFilter™

Price per unit$132.1K/unit
Price per ft²$131.63/ft²
Price per acre$3.94M/ac
Price per bedroom$308.3K/bed
Time on market1136 days

Property Description

Make offer subject to internal inspection of occupied unit.2 Buildings, 14 unit complex in SE PDX. Massive upside in rents and NOI with proper management of expenses. Newer roofs, upgraded plumbing within the last few years. Seller to complete 1031 exchange at no cost to buyer. Actual Income includes scheduled rent for 8 garages(avg $105 each per month). Seller is not interested in carrying a note.

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Financial Data

Date Sold2021-07-06
Sold Price$1,850,000
Original Price$1,850,000
Current Price$1,850,000
Property Taxes$22,117

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Home Facts

StatusSold
Year Built1999
Stories2
Exterior Features
MLS ID20173050

Unit Details

Unit 1
Unit 2
Unit 3