1303-1309 Southwest Bertha Boulevard

Portland, OR 97219

$1,000,000
Price
Beds
4,324 Sq. Ft.
$231 / Sq. Ft.
4,324
Sq. Ft.
$231
per Sq. Ft.

Description

This clean updated brick front 4 plex feels privately tucked away up in the trees, and yet it's located on a highly visible corner lot just across the street from Barbur Fred Meyer. Consistently 100% occupied and excellent long term rental history. The seller just posts a sign out front and these sought after apartments get snapped up. Unit 1303 has a separate/second patio entrance and is available to view up until May 31st before the new tenant signs a one year lease and moves in. The other three...This clean updated brick front 4 plex feels privately tucked away up in the trees, and yet it's located on a highly visible corner lot just across the street from Barbur Fred Meyer. Consistently 100% occupied and excellent long term rental history. The seller just posts a sign out front and these sought after apartments get snapped up. Unit 1303 has a separate/second patio entrance and is available to view up until May 31st before the new tenant signs a one year lease and moves in. The other three units are long term month to month tenants. Two of the units have dens which could act as a third nonconforming bedroom. Incredibly low maintenance landscaping with sprinkler system, attached carport parking for each unit, plus 5 additional spaces for guests, individual storage for each unit, all tile kitchens with ceiling fans, some units have hardwood floors, all newer double vinyl windows minus two aluminum, gas furnaces, and all new electrical panels installed late 2019. Treed private park like common area for tenants to enjoy, and on-site washer and dryer that contributes to the owner's profits. Easy commute to stores, parks, bus lines, I-5, OHSU, Lewis & Clark, and National College of Natural Medicine (NCNM). Seller was told additional units could be built - buyer to do their own due diligence on this possibility for room to grow.
  1. Listed by Loree Kaiser • Better Homes & Gardens Realty

Property Details for 1303-1309 Southwest Bertha Boulevard

Parking Features
Carport, Guest
Zoning
RM1
View
Trees Woods
Parking Total
9.00

Location

Listing Courtesy of Better Homes & Gardens Realty
Add your commute
LISTING UPDATED: 06/08/2024 09:15 PM

Property Details for 1303-1309 Southwest Bertha Boulevard

StatusActive
MLS #24442039
Days on Market24
Taxes$13,412 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1959
Lot Size0.33 AC / 14,374 SF
CountyMultnomah County

Location

Listing Courtesy of Better Homes & Gardens Realty
Add your commute

Virtual Tour

Building Information for 1303-1309 Southwest Bertha Boulevard

Stories2Residences4Year Built1959Building Size-Lot Size0.33 AC / 14,374 SF

Payment Calculator

$6,575 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$1,118

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1303-1309 Southwest Bertha Boulevard

Summary
Location and General Information
  • Country: US
  • Directions: Corner of 13th and Bertha Blvd - Driveway on 13th
  • Road Surface: Paved
School Information
  • Elementary School: Rieke
  • High School: Ida B Wells
  • Middle Or Junior School: Robert Gray
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $13,412.31
  • Parcel Number: R111766
  • Tax Legal Description: BARBUR HTS, BLOCK 2, LOT 10&11 TL 1300
Property
Lot Information
  • Acres: 0.33
  • Lot Description: Commons, Corner Lot, Private
  • Lot Size Square Feet: 14374.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1959
Utilities
  • Cooling Description: Exhaust Fan, None
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: None
  • Foundation Details: Slab
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $79,823.00
  • Gross Rent Multiplier: $12.53
  • Investor Information: According To Owner, Rent Records, Utility Records Available
  • Net Income Actual: $46,188.00
  • Net Income Projected: 50112
  • Operating Expense: $29,500.00
  • Security Features: Entry, Security Lights
  • Storage: Individual Storage Units, Locked
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • Common Amenities: All Landscaping, Commons, Laundry
  • SqFt Approximate Building Total: 4324
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Window Coverings
  • Unit Type 1 Rent: $1,720
  • Unit Type 1 SqFt: 985.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator, Window Coverings
  • Unit Type 2 Rent: $1,705
  • Unit Type 2 SqFt: 985.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Range, Refrigerator, Window Coverings
  • Unit Type 3 Rent: $1,645
  • Unit Type 3 SqFt: 832.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Dishwasher, Hardwood Floors, Range, Refrigerator
  • Unit Type 4 Rent: $1,635
  • Unit Type 4 SqFt: 832
  • Unit Type 4 UnitsTotal: 1

Schools near 1303-1309 Southwest Bertha Boulevard

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Rieke Elementary School
PublicK to 5

Gray Middle School
Public6 to 8

Ida B. Wells-Barnett High School
Public9 to 12

Winterhaven School
PublicK to 8

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1303-1309 Southwest Bertha Boulevard is a multi-family home for sale in Portland, OR 97219. This property was listed for sale on May 23, 2024 by Better Homes & Gardens Realty, it's currently listed at $1,000,000. This listing's school district is Portland School District 1j. Nearby schools include Rieke Elementary School, Gray Middle School and Ida B. Wells-Barnett High School. 1303-1309 Southwest Bertha Boulevard is a 0-bed, 0-bath, 4,324 sqft multi-family home built in 1959.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes & Gardens 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 © 2024 RMLS, Portland, Oregon. Last updated: 06/08/2024 09:15 PM