408 SE 99TH AVE, Portland, OR 97216 | 21629018 | Prime Alliance Real Estate Services

408 SE 99TH AVE $330,000


    408 SE 99TH AVE Portland, OR 97216

    • 5 Beds
    • 3 Baths
    • Multi-Family
    • Listing# 21629018
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    Views: 48 Days On Site: 46

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    Property Details

    Subject to interior inspection, do not disturb tenants. Drive-by only. 3 units with many updates. Two leases, one unit month to month. Unit A pays $65 and Unit B pays $45 for water, sewer and garbage. Owner pays for water, sewer and garbage for unit C. Excellent location to shops, restaurants, bus line, and freeway access

    • General Features
      • Area Portland Southeast
      • Bank Owned Y/N No
      • Capitalization Rate 7.06
      • Country US
      • Fuel Description Gas
      • Gross Income Actual 29518
      • Gross Income Projected 33660
      • Gross Rent Multiplier 11.18
      • Heating Description Forced Air
      • Hot Water Description Electricity
      • Net Income Actual 23292
      • Number Of Units Total 3
      • Occupancy Types Leased,Month To Month
      • Operating Expenses Actual 6225
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Supplement Number 0
      • Tax Amount 3864.53
      • Terms Cash,Conventional
      • Third Party Approval Y/N No
      • Utilities Included Trash Collection,Sewer,Water
      • View Y/N No
      • Water Description Public
      • Year Built 1929
      • Zoning EG1
    • Building Features
      • Basement Crawl Space
      • Basement1 Concrete Perimeter
      • Exterior Description Cedar,Wood Siding
      • SqFt Approximate Building Total 1650
      • 1 1
      • 1 3
      • 1 Range,Refrigerator,Washer/Dryer
      • 1 1095
      • 1 850
      • 1 1
      • 2 1
      • 2 1
      • 2 Range,Refrigerator,Washer/Dryer
      • 2 795
      • 2 400
      • 2 1
      • 3 1
      • 3 1
      • 3 Range,Refrigerator
      • 3 915
      • 3 400
      • 3 1
      • UnitFeatures Range,Refrigerator,Washer/Dryer
      • UnitTypeType 1,2,3
    • Room Features
      • Legal Description PRUNEDALE ADD, BLOCK 6, S 41.80' OF W 18.33' OF LOT 9, S 41.80' O
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Description Level
      • Lot Size 3,000 to 4,999 SqFt
      • Property Category Multi-Family
      • Roof Type Composition
    • Schools
      • High School David Douglas
      • Middle School Floyd Light



    97216 (Portland) Demographics

    37 Median Age
    6,649 Population Density (per sq. mile)
    35% College Educated
    $41,896 Estimated Median Income
    2,891 Estimated Total Home Owners
    3,570 Estimated Total Renters
    45% / 55% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    16,863 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $405,500 Median Sales Price
    20 Homes Sold
    29 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: $330,000
        4/30/2021 9:51:15 PM Status Changed Source New Value: Pending
        4/28/2021 4:52:00 PM New in Database Source New Value: $330,000

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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 6/13/2021 1:08:41 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.