226 North Bridgeton Road

Sold 11/13/20
Sold 11/13/20
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Sold
Last Sold Price
$747,500
226 N Bridgeton Rd, Portland, OR 97217
Multi FamilyProperty Type
1956Year Built

Description

Updated 4 plex with long term renters who enjoy fabulous river and sunset views. The garages are in high demand in this upscale riverfront community. The CM2 zoning allows a wide range of commercial and residential uses. This turnkey property provides good cash flow and is ideal for future river view development. Take a drive and stroll on the levy to appreciate this tremendous opportunity.Updated 4 plex with long term renters who enjoy fabulous river and sunset views. The garages are in high demand in this upscale riverfront community. The CM2 zoning allows a wide range of commercial and residential uses. This turnkey property provides good cash flow and is ideal for future river view development. Take a drive and stroll on the levy to appreciate this tremendous opportunity.
  • Listed by: Randy Schumock • Meadows Group Inc., Realtors
Listing closed: 11/13/2020 12:00 AM • Source: RMLS, MLS#: 19206844

Recent comparable sales

Median sold price

$640,000

Avg days on market

89

Sale-to-list ratio

96.3%

Portland, OR

9 comparable properties found

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1/36
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Amenities

  • Garage
  • Parking Included
  • Range
  • Waterfront
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Location

Listing Courtesy of Meadows Group Inc., Realtors

Sold By Equity Pacific Real Estate LLC

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$4,127 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,799

Property Taxes

$328

HOA Dues

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Property Information for 226 North Bridgeton Road

Property Details
Building Information
  • Residences: 4
  • Year Built: 1956
Summary
Location and General Information
  • Area: Portland North
  • Country: US
  • Directions: Marine Drive, North on Gantenbein, on the corner of Bridgeton and Gantenbein
  • Subdivision: BRIDGETON
Parking
  • Parking Features: Guest,Garage
Taxes and HOA Information
  • FIRPTA Y/N: No
  • Tax Year: 2017
  • Tax Deferral YN: No
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Lot Description: Corner Lot
  • Zoning: CM2
Property and Assessments
  • Water Description: Public
  • Property Condition: Updated/Remodeled
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Block
  • Roof Type: Metal
  • Water Front Y/N: Yes
  • Waterfront Description: River Front
  • Water Name: Columbia River
Interior Features
  • Foundation Details: Slab
  • View Y/N: Yes
  • View: River, Territorial
Multi Family
Multi-Family Information
  • Common Amenities: Laundry
  • Gross Income Actual: $46,417
  • Gross Income Projected: $59,760
  • Gross Rent Multiplier: 16
  • Investor Information: Tax Returns Available, Leases
  • Net Income Actual: $35,678
  • Net Income Projected: $53,610
  • Occupancy Types: Leased, Month To Month
  • Operating Expenses Actual: $10,739
  • Operating Expenses Projected: $6,150
  • SqFt Approximate Building Total: 2486
  • Storage: Attached, Garage(s)
  • Unit Features: Deck, Range, Refrigerator, Storage, Window Coverings
  • Unit Type Type: 1, 2, 3, 4, 5, 6, 7, 8
Unit 1
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Deck, Range, Refrigerator, Window Coverings
  • Unit Type 1 Rent: $1,085
  • Unit Type 1 SqFt: 622.0
  • Unit Type 1 Units Total: 1
Unit 2
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Range, Refrigerator, Window Coverings
  • Unit Type 2 Rent: $1,030
  • Unit Type 2 SqFt: 621.0
  • Unit Type 2 Units Total: 1
Unit 3
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Deck, Range, Refrigerator, Window Coverings
  • Unit Type 3 Rent: $975
  • Unit Type 3 SqFt: 622.0
  • Unit Type 3 Units Total: 1
Unit 4
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Range, Refrigerator, Window Coverings
  • Unit Type 4 Rent: $920
  • Unit Type 4 SqFt: 621
  • Unit Type 4 UnitsTotal: 1
Unit 5
  • Unit Type 5 Features: Storage
  • Unit Type 5 Rent: $250
  • Unit Type 5 SqFt: 250.0
  • Unit Type 5 Units Total: 1
Unit 6
  • Unit Type 6 Features: Storage
  • Unit Type 6 Rent: $250
  • Unit Type 6 SqFt: 250.0
  • Unit Type 6 Units Total: 1
Unit 7
  • Unit Type 7 Features: Storage
  • Unit Type 7 Rent: $235
  • Unit Type 7 SqFt: 245
  • Unit Type 7 Units Total: 1
Unit 8
  • Unit Type 8 Features: Storage
  • Unit Type 8 Rent: $235
  • Unit Type 8 SqFt: 245.0
  • Unit Type 8 Units Total: 1

Property History for 226 North Bridgeton Road

DateEvent & SourcePriceAppreciation
Oct 15, 2020

Sold (Public Record)

Public Record #682750325

$747,500

+12.5% / yr

May 15, 2014

Sold (Public Record)

Public Record #415185920

$350,000

+2.2% / yr

Nov 18, 2004

Sold (Public Record)

Public Record #146473058

$285,000—
DateEvent & SourcePrice
10/15/2020

Sold (Public Record)

Public Record #682750325

$747,500

+12.5% / yr

05/15/2014

Sold (Public Record)

Public Record #415185920

$350,000

+2.2% / yr

11/18/2004

Sold (Public Record)

Public Record #146473058

$285,000

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

Public Records for 226 North Bridgeton Road

Taxable ValueLand-Additions-Total-
Tax Record2025$5,384 ($449 / month)
Home Facts
Baths4Total Finished SqFt2,496 SqFtAbove Grade Finished SqFt2,496 SqFtStories2Lot Size8,300 SqFtStyleQuadraplexYear Built1956ZoningCMCountyMULTNOMAHAPN1N1E03AB 05500

Schools near 226 North Bridgeton Road

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Faubion Elementary School
Public - PK to 8
Roosevelt High School
Public - 9 to 12
Jefferson High School
Public - 9 to 12
Kairos PDX
Charter - K to 5
Rating
School
Distance
Faubion Elementary School
PublicPK to 8

Roosevelt High School
Public9 to 12

Jefferson High School
Public9 to 12

Kairos PDX
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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 226 North Bridgeton Road, Portland, OR 97217
$747,500
–
–
–
–
210 North Bridgeton Road, Portland, OR 97217
$206,700
2
1,696
2,132
206 North Bridgeton Road, Portland, OR 97217
$225,000
2
1,696
3,049
North Gantenbein Avenue, Portland, OR 97217
$400,000
–
–
–
5,227
200 North Bridgeton Road, Portland, OR 97217
$455,000
3
2,179
2,613
301 North Bridgeton Road, Unit 209A, Portland, OR 97217
$205,000
2
963
–

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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 Meadows Group Inc., Realtors

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: 11/16/2020 02:05 AM