13059 SE POWELL BLVD, Portland, OR 97236 | 21345450 | Prime Alliance Real Estate Services

13059 SE POWELL BLVD $1,200,000


    13059 SE POWELL BLVD Portland, OR 97236

    • 3 Beds
    • 2 Baths
    • Multi-Family
    • Listing# 21345450
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    Views: 21 Days On Site: 50

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    Property Details

    The Fairhaven Apartments is a 28-unit apartment community located in the SE Powellhurst Gilbert neighborhood. 30% - 50% of the equity is for sale ($720,000 - $1.2) with full tax benefits, monthly cash flow and appreciation. Based off of a $4.0 valuation of the entire property.

    • General Features
      • Area Portland Southeast
      • Bank Owned Y/N No
      • Capitalization Rate 19.23
      • Cooling Description None
      • Country US
      • Fuel Description Electricity
      • Gross Income Actual 365540
      • Gross Income Projected 400000
      • Gross Rent Multiplier 3.28
      • Heating Description Baseboard
      • Hot Water Description Electricity
      • Net Income Actual 230742
      • Net Income Projected 253000
      • Number Of Units Total 28
      • Occupancy Types Leased,Month To Month
      • Operating Expenses Actual 134798
      • Operating Expenses Projected 147000
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Stories 2
      • Supplement Number 0
      • Tax Amount 32037.12
      • Terms Cash,Conventional
      • Third Party Approval Y/N No
      • Utilities Included Trash Collection,Maintenance Grounds
      • View Type Trees/Woods
      • View Y/N Yes
      • Water Description Public
      • Year Built 1968
      • Zoning RM1
    • Building Features
      • Basement Crawl Space
      • Basement1 Concrete Perimeter
      • Common Amenities Laundry
      • Exterior Description Brick,Cedar
      • SqFt Approximate Building Total 23408
      • Storage Attached,Individual Storage Units
      • 1 1
      • 1 1
      • 1 Deck,Dishwasher,Refrigerator,Storage
      • 1 960
      • 1 600
      • 1 4
      • 2 1
      • 2 2
      • 2 Deck,Dishwasher,Refrigerator,Storage
      • 2 1150
      • 2 800
      • 2 24
      • UnitFeatures Deck,Dishwasher,Refrigerator,Storage
      • UnitTypeType 1,2
    • Room Features
      • Legal Description LINN PK, LOT 26 EXC N 25' & EXC PT IN ST, LOT 27 EXC N 25' & EXC
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Description On Busline,Level,Trees
      • Lot Size 1 to 2.99 Acres
      • Property Category Multi-Family
      • Roof Type Built-Up
    • Schools
      • Middle School Other



    97236 (Portland) Demographics

    35 Median Age
    5,079 Population Density (per sq. mile)
    23% College Educated
    $41,976 Estimated Median Income
    6,901 Estimated Total Home Owners
    5,749 Estimated Total Renters
    55% / 45% Estimated Owner / Renter Divide
    0 Estimated Average Household Size
    39,237 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $386,000 Median Sales Price
    61 Homes Sold
    68 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,200,000
        4/29/2021 8:36:00 AM New in Database Source: Multiple Listing Service New Value: $1,200,000

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        The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Prime Alliance Real Estate Services are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2021 RMLS™, Portland, Oregon. This content last updated on 6/18/2021 11:26:13 AM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.