14034 SE DIVISION ST Portland, OR97236
$1,650,000
10 total units
18 total bedrooms
14 total bathrooms
$143,004 annual income
Capitilization Rate: 4.33
9336 total sq. ft
7,000 to 9,999 SqFt
Elementary School: Lincoln Park
Middle School: Ron Russell
High School: David Douglas
Zoning: RM-2
959 days on market
VestorFilter™
Price per unit$165K/unit
Price per ft²$176.74/ft²
Recent price drop$225,000
Price per acre$10.03M/ac
Price per bedroom$91.7K/bed
Time on market959 days
Property Description
Newer 10-unit multifamily property in good condition with 4 3Bed/2Bath & 6 2Bed/2 Bath spacious units. On site parking and washer/dryer in each unit. Solid tenant base with great rental history and significant possible upside with all rents due for increases. Owner has maintained property exceptionally well. Terrific opportunity to acquire a turn key operation with good cap rate!
{{ compliance-logo }}Listing Provided By Savi Realty, Inc.
Financial Data
Date Sold2021-12-01
Sold Price$1,650,000
Price ChangeDropped $225,000 on 12/02/2021
Total $225,000 drop
Total $225,000 drop
Original Price$1,875,000
Current Price$1,650,000
Property Taxes$16,506
Find On Map
Home Facts
StatusSold
Year Built1998
Exterior Features
MLS ID21401352
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
Unit 6
Unit 7
