2905 SE 118TH AVEPortland, OR97266

$550,000
3 total units
$13,800 annual income
Capitilization Rate: 1.37
3115 sq. ft
SqFt7000to9999
Elementary School: W Powellhurst
Middle School: Alice Ott
High School: David Douglas
Zoning: R2.5
1525 days on market

VestorFilter™

Price per unit$183.3K/unit
Price per ft²$176.57/ft²
Recent price drop$15,000
Time on market1525 days

Property Description

Custom built units by owner w/high end quality materials. Very well maintained private flag-lot w/beautiful landscaping & raised garden beds, w/access to the covered deck from the 2 units on the main level. 3rd unit upstairs converted from a storage unit to a living space unit without the permits & it can be used as a storage, hobby, entertainment room. Master bedroom in 2nd unit is also converted from half of garage without permits, Seller agent related to seller.

{{ compliance-logo }}Listing Provided By Premiere Property Group, LLC

Financial Data

Date Sold2020-12-23
Sold Price$515,000
Price ChangeDropped $15,000 on 04/26/2023
Total $25,000 drop
Original Price$575,000
Current Price$550,000
Property Taxes$5,074

Find On Map

Home Facts

StatusSold
Year Built2002
Exterior Features
MLS ID20245966

Unit Details

Unit 1
Unit 2
Unit 3