3410 SE 111TH AVE, Portland, OR 97266 | 21120716 | Prime Alliance Real Estate Services

3410 SE 111TH AVE $550,000

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    3410 SE 111TH AVE Portland, OR 97266

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • Listing# 21120716
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    Views: 10 Days On Site: 14

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    Property Details

    Please do not disturb tenants or walk property. No for sale sign. Single level 4plex on large lot, development potential. Zoned RM1. Opportunity as is, room for improvement equity, or redevelop. Photos are of unit that needs rehab, other units updated already but we don't have those photos out of respect for the tenants. Rents low & could be increased. 2 units w/ attached garage, 2 detached. Fenced yards. Easy access to transit, highways, shopping, parks. Offers subject to interior inspection.

    • General Features
      • Area Portland Southeast
      • Bank Owned Y/N No
      • Capitalization Rate 3.00
      • Country US
      • Fuel Description Electricity
      • Gross Income Actual 39480
      • Gross Income Projected 41184
      • Gross Rent Multiplier 13.93
      • Heating Description Baseboard
      • Hot Water Description Electricity,Tank
      • Net Income Actual 16524
      • Net Income Projected 17771
      • Number Of Units Total 4
      • Occupancy Types Month To Month
      • Operating Expenses Actual 22956
      • Operating Expenses Projected 23413
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Stories 1
      • Subdivision POWELLHURST-GILBERT
      • Supplement Number 0
      • Tax Amount 7507.00
      • Terms Call Listing Agent,Cash,Conventional
      • Third Party Approval Y/N No
      • Utilities Included Trash Collection,Sewer,Water,Maintenance Grounds
      • View Y/N No
      • Water Description Public
      • Year Built 1979
      • Zoning RM1
    • Building Features
      • Basement Crawl Space
      • Basement1 Concrete Perimeter
      • Exterior Description Wood Siding
      • SqFt Approximate Building Total 4000
      • Storage Garage(s)
      • 1 1
      • 1 2
      • 1 Fireplace,Range,Refrigerator,Washer/Dryer Hookup
      • 1 911
      • 1 801
      • 1 1
      • 2 1
      • 2 2
      • 2 Fireplace,Range,Refrigerator,Washer/Dryer Hookup
      • 2 890
      • 2 801
      • 2 1
      • 3 1
      • 3 2
      • 3 Fireplace,Range,Refrigerator,Washer/Dryer Hookup
      • 3 885
      • 3 801
      • 3 1
      • 4 1
      • 4 2
      • 4 Fireplace,Range,Unfurnished,Washer/Dryer Hookup
      • 4 801
      • 4 1
      • 4 0
      • UnitFeatures Fireplace,Range,Refrigerator,Unfurnished,Washer/Dryer Hookup
      • UnitTypeType 1,2,3,4
    • Room Features
      • Legal Description MULTNOMAH BERRY RANCH, LOT 2 TL 6500
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Description Level,Trees
      • Lot Size 15,000 to 19,999 SqFt
      • Property Category Multi-Family
      • Roof Type Composition
    • Schools
      • Elementary School W Powellhurst
      • High School David Douglas
      • Middle School Ron Russell

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    Neighborhood

    97266 (Portland) Demographics

    35 Median Age
    5,843 Population Density (per sq. mile)
    26% College Educated
    $40,904 Estimated Median Income
    6,550 Estimated Total Home Owners
    5,620 Estimated Total Renters
    54% / 46% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    35,299 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $384,900 Median Sales Price
    36 Homes Sold
    34 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 New Value: $550,000
        1/19/2021 6:21:22 PM Status Changed Source New Value: Pending
        1/13/2021 12:22:00 PM New in Database Source New Value: $550,000

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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 1/27/2021 9:40:33 PM. 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.