1702 SE 38TH AVE Portland, OR97214

$783,000
3 total units
4 total bedrooms
3 total bathrooms
$45,600 annual income
Capitilization Rate: 3.16
3588 total sq. ft
5,000 to 6,999 SqFt
Elementary School: Abernethy
Middle School: Hosford
High School: Cleveland
Zoning: R2.5
1149 days on market

VestorFilter™

Price per unit$261K/unit
Price per ft²$218.23/ft²
Price per acre$6.66M/ac
Price per bedroom$195.8K/bed
Time on market1149 days

Property Description

Light & Bright Hawthorne Multi-Family Plex just steps to one of the most vibrant neighborhoods in PDX. 3 Residences (one on each floor) make this a perfect owner-occupied opportunity. Building has been well cared for w/updated siding, windows & newer roof. Upper unit features balcony & open floorplan. Main level unit has hardwood floors, covered porch, fireplace & extensive built-ins. Lower unit is a separate 1-bedroom. Corner Lot w/2-car garage. Lot Division potential!

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Financial Data

Date Sold2021-07-16
Sold Price$783,000
Original Price$795,000
Current Price$783,000
Property Taxes$7,030

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Home Facts

StatusSold
Year Built1915
Stories3
Exterior Features
MLS ID21134616

Unit Details

Unit 1
Unit 2
Unit 3