6521 N ALBINA AVE, Portland, OR 97217 | 21444091 | Prime Alliance Real Estate Services

6521 N ALBINA AVE $1,875,000

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    6521 N ALBINA AVE Portland, OR 97217

    • 16 Beds
    • 10 Baths
    • Multi-Family
    • Listing# 21444091
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    Views: 7 Days On Site: 14

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    Property Details

    Wonderful opportunity to have pride of ownership - close-in North Portland 10 unit apartment complex. Great mix of LARGE one and two bedrooms units. All new windows, siding, entry doors and exterior railings. On-site laundry. Ten off-street parking spaces. Two garages and owner storage unit. Biker's Paradise - bike score of 100! Adjacent to Peninsula Park. Great access to I-5 and NE Rosa Parks Way.

    • General Features
      • Area Portland North
      • Bank Owned Y/N No
      • Capitalization Rate 6.19
      • Country US
      • Fuel Description Electricity
      • Gross Income Actual 145020
      • Gross Income Projected 157680
      • Gross Rent Multiplier 12.93
      • Heating Description Baseboard
      • Hot Water Description Electricity
      • Net Income Actual 116065
      • Net Income Projected 128180
      • Number Of Units Total 10
      • Occupancy Types Leased,Month To Month
      • Operating Expenses Actual 28955
      • Operating Expenses Projected 29500
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Supplement Number 0
      • Tax Amount 12628.95
      • Terms Cash,Conventional,FHA,Contract
      • Third Party Approval Y/N No
      • Utilities Included Trash Collection,Sewer,Water
      • View Y/N No
      • Water Description Public
      • Year Built 1972
      • Zoning R2
    • Building Features
      • Basement1 Concrete Perimeter
      • Common Amenities Laundry
      • Exterior Description Lap Siding,Aluminum,Cement Siding
      • SqFt Approximate Building Total 8308
      • Storage Garage(s)
      • Unit Type1 Baths Total 1
      • Unit Type1 Beds Total 1
      • Unit Type1 Features Dishwasher,Range,Refrigerator,Air Conditioning
      • Unit Type1 Rent 980
      • Unit Type1 SqFt 532
      • Unit Type1 Units Total 1
      • Unit Type10 Baths Total 1
      • Unit Type10 Beds Total 2
      • Unit Type10 Features Dishwasher,Range,Refrigerator,Air Conditioning
      • Unit Type10 Rent 1280
      • Unit Type10 SqFt 872
      • Unit Type10 Units Total 1
      • Unit Type2 Baths Total 1
      • Unit Type2 Beds Total 1
      • Unit Type2 Features Dishwasher,Range,Refrigerator,Air Conditioning
      • Unit Type2 Rent 1095
      • Unit Type2 SqFt 532
      • Unit Type2 Units Total 1
      • Unit Type3 Baths Total 1
      • Unit Type3 Beds Total 2
      • Unit Type3 Features Dishwasher,Range,Refrigerator,Air Conditioning
      • Unit Type3 Rent 1570
      • Unit Type3 SqFt 950
      • Unit Type3 Units Total 1
      • Unit Type4 Baths Total 1
      • Unit Type4 Beds Total 2
      • Unit Type4 Features Dishwasher,Range,Refrigerator,Air Conditioning
      • Unit Type4 SqFt 950
      • Unit Type4 Units Total 1
      • Unit Type4Rent 1290
      • Unit Type5 Baths Total 1
      • Unit Type5 BedsTotal 2
      • Unit Type5 Features Dishwasher,Range,Refrigerator,Air Conditioning
      • Unit Type5 Rent 1380
      • Unit Type5 SqFt 872
      • Unit Type5 Units Total 1
      • Unit Type6 Baths Total 1
      • Unit Type6 Beds Total 2
      • Unit Type6 Features Dishwasher,Range,Refrigerator,Air Conditioning
      • Unit Type6 Rent 1240
      • Unit Type6 SqFt 872
      • Unit Type6 Units Total 1
      • Unit Type7 Baths Total 1
      • Unit Type7 Beds Total 1
      • Unit Type7 Features Dishwasher,Range,Refrigerator,Air Conditioning
      • Unit Type7 Rent 930
      • Unit Type7 SqFt 532
      • Unit Type7 Units Total 1
      • Unit Type8 Baths Total 1
      • Unit Type8 Beds Total 1
      • Unit Type8 Features Dishwasher,Range,Refrigerator,Air Conditioning
      • Unit Type8 Rent 930
      • Unit Type8 SqFt 532
      • Unit Type8 Units Total 1
      • Unit Type9 Baths Total 1
      • Unit Type9 Beds Total 2
      • Unit Type9 Features Dishwasher,Range,Refrigerator,Air Conditioning
      • Unit Type9 Rent 1290
      • Unit Type9 SqFt 872
      • Unit Type9 UnitsTotal 1
      • UnitFeatures Dishwasher,Range,Refrigerator,Air Conditioning
      • UnitTypeType 1,2,3,4,5,6,7,8,9,10
    • Room Features
      • Legal Description LAHOMA ADD, BLOCK 2, LOT 15&16
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Size 10,000 to 14,999 SqFt
      • Property Category Multi Family
      • Roof Type Composition
    • Schools
      • Elementary School Woodlawn
      • High School Jefferson
      • Middle School Ockley Green

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    Neighborhood

    97217 (Portland) Demographics

    37 Median Age
    2,505 Population Density (per sq. mile)
    54% College Educated
    $61,830 Estimated Median Income
    8,480 Estimated Total Home Owners
    5,314 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    32,371 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $494,300 Median Sales Price
    68 Homes Sold
    92 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: $1,875,000
        9/14/2021 10:22:00 AM New in Database Source: Multiple Listing Service New Value: $1,875,000

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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 9/28/2021 3:22:47 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.