11 NE 62nd Ave

Portland, OR 97213

$800,000
Last Sold Price
—
Beds
—
Baths
4,106 Sq. Ft.
$195 / Sq. Ft.
4,106
Sq. Ft.
$195
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 12/21/23
Sold 12/21/23
a front view of a house with a yard
a backyard of a house with lots of green space
a view of a house with backyard
a view of a house with a patio
a front view of a house with a yard
a view of outdoor space yard and patio
a living room with furniture and a large window
a living room with furniture and a flat screen tv
a living room with furniture a rug and a window
a living room with furniture and flowers
a living room with furniture flat screen tv and a couch
a living room with furniture and a large window
a living room with furniture and a window
a view of a backyard with sitting area
a view of a workspace with furniture and a window
a kitchen with a sink appliances cabinets and furniture
a kitchen with a sink stove and cabinets
a kitchen that has a lot of cabinets and wooden floor
a bedroom with a bed and a window
a bathroom with a sink vanity and mirror
a bathroom with a sink a mirror and a shower
a living room with furniture and a window
a utility room with a window dryer and washer
a bedroom with a bed and a dresser
a kitchen with kitchen island a stove top oven a sink dishwasher and white cabinets with wooden floor
a view of a chairs and table in the balcony
a view of buildings

Description

Classic 1950's 4-plex with 4 attached garages and full basement with laundry and 4 separate storage units. Basement also has separate living area with bath and kitchen. Original tile in kitchens and baths. Hardwoods under carpeting. Private courtyard area. Prime convenient location for shopping, bus lines, restaurants, freeway and Mt. Tabor. Rents are way below market value per recent price opinions from management companies. Cap rate will improve dramatically with updated rents. Same owner for over...Classic 1950's 4-plex with 4 attached garages and full basement with laundry and 4 separate storage units. Basement also has separate living area with bath and kitchen. Original tile in kitchens and baths. Hardwoods under carpeting. Private courtyard area. Prime convenient location for shopping, bus lines, restaurants, freeway and Mt. Tabor. Rents are way below market value per recent price opinions from management companies. Cap rate will improve dramatically with updated rents. Same owner for over 40 years. Seller is licensed Broker in the state of Oregon.
  1. Listed by Jeff Ellers • Oregon First

Property Details for 11 Northeast 62nd Avenue

Parking Features
Attached, Garage
Zoning
RM1
Garage Spaces
4.00
Parking Total
4.00
LISTING UPDATED: 12/21/2023 02:23 PM

Property Details for 11 Northeast 62nd Avenue

StatusSold
MLS #23188116
Days on Market28
Taxes$11,008 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1951
Lot Size-
CountyMultnomah County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Oregon First

Sold By Premiere Property Group, LLC

Add your commute

Building Information for 11 Northeast 62nd Avenue

Stories-Residences-Year Built1951Building Size-Lot Size-

Payment Calculator

Get preapproved with Rocket Mortgage1

$4,946 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,028

Property Taxes

$917

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 11 Northeast 62nd Avenue

Summary
Location and General Information
  • Country: US
  • Directions: 62nd & E Burnside St.
  • Road Surface: Concrete
School Information
  • Elementary School: Vestal
  • High School: Franklin
  • Middle Or Junior School: Harrison Park
Parking
  • Attached Garage: No
Taxes and HOA
  • FIRPTA: No
  • Tax Year: 2022
  • Tax Deferral: No
  • Tax Annual Amount: $11,007.78
  • Parcel Number: R230685
  • Tax Legal Description: ORCHARD HOMES, BLOCK 5, LOT 14
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
  • Video Virtual Tour 2 Y/N: No
Property
Lot Information
  • Lot Description: Commons, Corner Lot, Gated
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Year Built: 1951
  • Property Attached: No
Utilities
  • Cooling Description: Heat Pump
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Green Features
  • Green Certification: No
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Full Basement
  • Foundation Details: Concrete Perimeter
  • View Y/N: No
  • Cooling: Yes
  • Heating: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
  • Gross Income Actual: $46,238.00
  • Gross Rent Multiplier: $20.55
  • Investor Information: According To Owner
  • Net Income Actual: $21,325.00
  • Operating Expense: $22,071.00
  • Storage: Basement
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 4106
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Air Conditioning, Range, Refrigerator, Unfurnished
  • Unit Type 1 Rent: $785
  • Unit Type 1 SqFt: 730.0
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Range, Refrigerator, Storage, Unfurnished
  • Unit Type 2 Rent: $720
  • Unit Type 2 SqFt: 630.0
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Range, Refrigerator, Storage, Unfurnished
  • Unit Type 3 Rent: $825
  • Unit Type 3 SqFt: 630.0
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Range, Refrigerator, Storage, Unfurnished
  • Unit Type 4 Rent: $1,100
  • Unit Type 4 SqFt: 850

Schools near 11 Northeast 62nd Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Vestal Elementary School
Public - K to 5
Harrison Park School
Public - 6 to 8
Leodis V. McDaniel High School
Public - 9 to 12
Portland Arthur Academy Charter School
Charter - K to 5
Rating
School
Distance
Vestal Elementary School
PublicK to 5

Harrison Park School
Public6 to 8

Leodis V. McDaniel High School
Public9 to 12

Portland Arthur Academy Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Oregon First

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 12/21/2023 02:23 PM