4047 SE MAIN ST Portland, OR97214

$975,000
4 total units
5 total bedrooms
5 total bathrooms
$63,840 annual income
Capitilization Rate: 4.23
3973 total sq. ft
3,000 to 4,999 SqFt
Elementary School: Sunnyside Env
Middle School: Sunnyside Env
High School: Franklin
Zoning: R2.5
1121 days on market

VestorFilter™

Price per unit$243.8K/unit
Price per ft²$245.41/ft²
Recent price drop$75,000
Price per acre$13.83M/ac
Price per bedroom$195K/bed
Time on market1121 days

Property Description

Craftsman 4-Plex in Hawthorne! Gorgeous building has been updated and remodeled recently with new wiring & plumbing upgrades. Two units remodeled which include new cabinetry, updated appliances, refinished hardwoods/new flooring & leased thru June. Two units have long term tenants under market rent. Upper units include amazing covered porches and bonus office space off bedroom. Excellent investment or owner-occupant opportunity in the Hot Sunnyside neighborhood!

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Financial Data

Date Sold2021-08-25
Sold Price$975,000
Price ChangeDropped $75,000 on 08/25/2021
Total $75,000 drop
Original Price$1,050,000
Current Price$975,000
Property Taxes$6,803

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Home Facts

StatusSold
Year Built1900
Stories3
Exterior Features
MLS ID21521763

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4