4708 SE 65TH AVE, Portland, OR 97206 | 21420853 | Prime Alliance Real Estate Services

4708 SE 65TH AVE $899,900

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    4708 SE 65TH AVE Portland, OR 97206

    • 4 Beds
    • 2 Baths
    • Multi-Family
    • Listing# 21420853
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    Views: 13 Days On Site: 46

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    Property Details

    Description Tours

    Two side by side homes on spacious lots in popular Fo-Po!Currently the 2 homes are income producing rentals&could easily be rehabilitated&resold for more but the real opportunity is in the land,zoned CM2 for maximum units.Perfect location&size for apartments on combined 8,000sf lot w/alley access.Location boasts 85 Walkscore&City of PDX is pouring money into redevelopment of the area's streetscapes,pedestrian walkways&mass transit centers.More info on redevlpmt proj @below vitrual tour links.

    • General Features
      • Area Portland Southeast
      • Bank Owned Y/N No
      • Capitalization Rate 4.01
      • Country US
      • Fuel Description Gas
      • Gross Income Actual 41400
      • Gross Rent Multiplier 21.74
      • Heating Description Forced Air
      • Net Income Actual 36089
      • Number Of Units Total 2
      • Operating Expenses Actual 5311
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Stories 1
      • Subdivision MT SCOTT - ARLETA
      • Supplement Number 0
      • Tax Amount 5311.00
      • Terms Cash,Conventional
      • Third Party Approval Y/N No
      • Utilities Included Sewer,Water
      • View Y/N No
      • Water Description Public
      • Year Built 1930
      • Zoning CM2
    • Building Features
      • SqFt Approximate Building Total 1955
      • 1 1
      • 1 2
      • 1 1825
      • 1 1056
      • 1 1
      • 2 1
      • 2 2
      • 2 1625
      • 2 899
      • 2 1
      • UnitTypeType 1,2
    • Room Features
      • Legal Description TBD
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Size 7,000 to 9,999 SqFt
      • Property Category Multi-Family
      • Roof Type Composition
    • Schools
      • Elementary School Arleta
      • High School Franklin
      • Middle School Arleta

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    Neighborhood

    97206 (Portland) Demographics

    37 Median Age
    7,641 Population Density (per sq. mile)
    46% College Educated
    $55,887 Estimated Median Income
    12,182 Estimated Total Home Owners
    7,693 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    49,935 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $500,000 Median Sales Price
    103 Homes Sold
    140 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: $899,900
        6/7/2021 1:36:24 PM Price Reduced Source New Value: $899,900 -10%
        4/28/2021 6:36:00 PM New in Database Source New Value: $999,900

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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 © 2021 RMLS™, Portland, Oregon. This content last updated on 6/13/2021 4:23:28 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.