4450 NE 38TH AVE, Portland, OR 97211 | 21518077 | Prime Alliance Real Estate Services

4450 NE 38TH AVE $1,299,500

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    4450 NE 38TH AVE Portland, OR 97211

    • 0.12 Acres
    • Commercial
    • Listing# 21518077
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    Views: 25 Days On Site: 116

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    Property Details

    Fantastic property located in NE Portland. 11 bedrooms, 5 full bath, and 4 half bath. Fully functioning kitchen on each level. ADA friendly home, with fully accessible ramp! Updates with tasteful additions, and extremely well maintained. Showings are by appointment only. Please do not disturb tenants.

    • General Features
      • Acres 0.12
      • Area Portland Northeast
      • Bank Owned Y/N No
      • Country US
      • Fuel Description Electricity
      • Gross Income Actual 132000
      • Heating Description ENERGY STAR Qualified Equipment
      • Net Income Actual 114000
      • Occupancy Types Leased
      • Operating Expenses Actual 18000
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Stories 2
      • Supplement Number 0
      • Tax Amount 12036.75
      • Terms Cash,Conventional
      • Third Party Approval Y/N No
      • View Type City,Mountain(s)
      • View Y/N Yes
      • Water Description Public Water
      • Year Built 1942
      • Zoning R5
    • Building Features
      • Construction Concrete,Other,Wood Siding
      • Existing Lease Type 1 - 5 Years Remaining
      • SqFt Approximate Gross 4948
      • SqFt Approximate Lot 5227
    • Room Features
      • LeaseAmount 11000
      • Legal Description SECTION 24 1N 1E, TL 9400 0.12 ACRES
      • Limited Representation Y/N Full Service
    • Property Features
      • Equipment Fixtures,Furniture,Smoke Detector
      • Features Inside Storage,Office,Outside Storage,Utilities Included,Conforms to ADA
      • Lot Size 5,000 to 6,999 SqFt
      • Property Category Commercial Sale
      • Property Type Commercial
      • Road Surface Concrete,Paved
      • Roof Type Composition,Shingle

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    Neighborhood

    97211 (Portland) Demographics

    36 Median Age
    3,825 Population Density (per sq. mile)
    61% College Educated
    $81,802 Estimated Median Income
    8,898 Estimated Total Home Owners
    4,722 Estimated Total Renters
    65% / 35% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    35,429 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $526,000 Median Sales Price
    32 Homes Sold
    23 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: $1,299,500
        12/27/2021 10:36:07 AM Status Changed Source: Multiple Listing Service New Value: Pending
        10/18/2021 12:51:36 PM Price Reduced Source: Multiple Listing Service New Value: $1,299,500 -13.34%
        9/23/2021 5:07:00 PM New in Database Source: Multiple Listing Service New Value: $1,499,500

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        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 © 2022 RMLS™, Portland, Oregon. This content last updated on 1/17/2022 2:06:47 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.