1817 North Rosa Parks Way

Sold 8/12/20Virtual Tour
Sold 8/12/20Virtual Tour
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Last Sold Price
$1,007,000
1817 N Rosa Parks Way, Portland, OR 97217

Description

Blocks from New Seasons, this fantastically located fourplex is turn-key and ready to go! Each unit features 2 bedrooms upstairs with 1.5 baths, its own washer and dryer, attached secure storage, and a private patio. RM3 zoning provides huge upside for future development. Property next door just built 18 condos, listed currently at 4.8 Million! Cash flow now, build later. Check out the 6.15% cap rate Pro Forma and 3D virtual tour links.Blocks from New Seasons, this fantastically located fourplex is turn-key and ready to go! Each unit features 2 bedrooms upstairs with 1.5 baths, its own washer and dryer, attached secure storage, and a private patio. RM3 zoning provides huge upside for future development. Property next door just built 18 condos, listed currently at 4.8 Million! Cash flow now, build later. Check out the 6.15% cap rate Pro Forma and 3D virtual tour links.
LISTING CLOSED: 08/12/2020 12:00 AM

  1. Listed by Melissa Dorman • Living Room Realty
  2. Listed by Yascha Noonberg

Property Details for 1817 North Rosa Parks Way

Status
Sold
MLS #
20003370
Days on Market
75
Taxes
$8,708 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi Family
Year Built
2005
Lot Size
-
County
Multnomah County

Amenities

  • Dryer
  • Fourplex
  • Private Patio
  • Washer
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Location

Listing Courtesy of Living Room Realty

Sold By Living Room Realty

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Building Information for 1817 North Rosa Parks Way

Stories2Residences4Year Built2005Building Size-Lot Size-

Payment Calculator

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$5,844 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,118

Property Taxes

$726

HOA Dues

$0

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Property Information for 1817 North Rosa Parks Way

Summary
Location and General Information
  • Area: Portland North
  • Country: US
  • Directions: N on I-5, West on N Rosa Parks Way.
  • Road Surface: Paved
  • Subdivision: ARBOR LODGE
Taxes and HOA Information
  • FIRPTA Y/N: No
  • Tax Year: 2019
  • Tax Deferral YN: No
Virtual Tour
Property
Lot Information
  • Zoning: RM3
Property and Assessments
  • Water Description: Public
  • Property Condition: Approximately
Utilities
  • Fuel Description: Electricity
  • Heating Description: Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • View Y/N: No
Multi Family
Multi-Family Information
  • Gross Income Actual: $73,179
  • Gross Income Projected: $84,000
  • Gross Rent Multiplier: 14
  • Investor Information: According To Owner, Profit & Loss Statement, Leases
  • Net Income Actual: $48,682
  • Net Income Projected: $64,526
  • Occupancy Types: Leased, Month To Month
  • Operating Expenses Actual: $25,718
  • Operating Expenses Projected: $19,473
  • SqFt Approximate Building Total: 4190
  • Storage: Attached, Locked
  • Unit Features: Dishwasher, Refrigerator, Storage, Washer/Dryer
  • Unit Type Type: 1, 2, 3, 4
Unit 1
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Refrigerator, Storage, Washer/Dryer
  • Unit Type 1 Rent: $1,675
  • Unit Type 1 SqFt: 1047.0
  • Unit Type 1 Units Total: 1
Unit 2
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Refrigerator, Storage, Washer/Dryer
  • Unit Type 2 Rent: $1,625
  • Unit Type 2 SqFt: 1047.0
  • Unit Type 2 Units Total: 1
Unit 3
  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Refrigerator, Storage, Washer/Dryer
  • Unit Type 3 Rent: $1,675
  • Unit Type 3 SqFt: 1047.0
  • Unit Type 3 Units Total: 1
Unit 4
  • Unit Type 4 Baths Total: 2
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Dishwasher, Refrigerator, Storage, Washer/Dryer
  • Unit Type 4 Rent: $1,550
  • Unit Type 4 SqFt: 1047
  • Unit Type 4 UnitsTotal: 1

Property History for 1817 North Rosa Parks Way

DateEvent & SourcePriceAppreciation
Aug 6, 2020

Sold (Public Record)

Public Record #674969763

$1,007,000

+5.5% / yr

May 2, 2005

Sold (Public Record)

Public Record #155938133

$445,000

+502.2% / yr

Apr 30, 2004

Sold (Public Record)

Public Record #133464928

$73,260—
DateEvent & SourcePrice
08/06/2020

Sold (Public Record)

Public Record #674969763

$1,007,000

+5.5% / yr

05/02/2005

Sold (Public Record)

Public Record #155938133

$445,000

+502.2% / yr

04/30/2004

Sold (Public Record)

Public Record #133464928

$73,260

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1817 North Rosa Parks Way

Taxable ValueLand-Additions-Total-
Tax Record2025$11,053 ($921 / month)
Home Facts
Baths6Total Finished SqFt4,190 SqFtAbove Grade Finished SqFt4,190 SqFtStories2Lot Size5,000 SqFtStyleQuadraplexYear Built2005ZoningR1CountyMULTNOMAHAPN1N1E16AD 14600

Schools near 1817 North Rosa Parks Way

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Chief Joseph Elementary School
Public - K to 5
Ockley Green
Public - 6 to 8
Roosevelt High School
Public - 9 to 12
Jefferson High School
Public - 9 to 12
Rating
School
Distance
Chief Joseph Elementary School
PublicK to 5

Ockley Green
Public6 to 8

Roosevelt High School
Public9 to 12

Jefferson High School
Public9 to 12

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1817 North Rosa Parks Way, Portland, OR 97217
$1,007,000
–
–
–
–
1825 North Rosa Parks Way, Portland, OR 97217
$630,758
–
1
8,337
5,000
1805 North Rosa Parks Way, Portland, OR 97217
$415,000
2
2,386
4,791
1801 North Rosa Parks Way, Unit 106, Portland, OR 97217
$252,000
1
651
–
1801 North Rosa Parks Way, Unit 202, Portland, OR 97217
$174,900
Studio
389
–
1801 North Rosa Parks Way, Unit 205, Portland, OR 97217
$246,000
1
618
–

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Living Room Realty

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: 08/12/2020 03:14 PM