4620 NE PORTLAND HWY Portland, OR97218

$750,000
5 total units
10 total bedrooms
5 total bathrooms
$61,275 annual income
Capitilization Rate: 5.29
4020 total sq. ft
10,000 to 14,999 SqFt
Elementary School: Rigler
Middle School: Beaumont
High School: Madison
Zoning: R2
1527 days on market

VestorFilter™

Price per unit$150K/unit
Price per ft²$186.57/ft²
Price per acre$3.19M/ac
Price per bedroom$75K/bed
Time on market1527 days

Property Description

Maddy's Depot is a garden-style 5-plex comprised of two buildings: one 3-plex (flats) & one duplex (townhomes). All units include W/D hookups, patios & 10x20 sq ft fenced yards. 3 units were substantially renovated in 2018 with new roofs on 2 units. Located in desirable Cully neighborhood, close-in NE Portland with access to public transportation, retail, and parks. Seller / LLC member is a Licensed Principal Broker.

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Financial Data

Date Sold2020-05-15
Sold Price$750,000
Original Price$750,000
Current Price$750,000
Property Taxes$6,149

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Home Facts

StatusSold
Year Built1974
Stories2
Green/Energy SupplementNo
Exterior Features
MLS ID20473553

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4
Unit 5