13718 Southeast Division Street
13718 Southeast Division Street
Portland, OR 97236
$2,150,000
Price
—
Beds
2,563 Sq. Ft.
$839 / Sq. Ft.
2,563
Sq. Ft.
$839
per Sq. Ft.
Description
Price per door $113k. Cash flow & opportunity! At the lower end of the spectrum she is not as sexy as some but she is an earner! Don't let looks deceive you, this property is always occupied and has many long term tenants with various avenues of rent support. All but a few units have recent upgrades which would include all surfaces, New roofs on 3 of the buildings 2020. All but one building have been separately sub- metered giving the financials a huge opportunity moving forward. Windows and insulation...Price per door $113k. Cash flow & opportunity! At the lower end of the spectrum she is not as sexy as some but she is an earner! Don't let looks deceive you, this property is always occupied and has many long term tenants with various avenues of rent support. All but a few units have recent upgrades which would include all surfaces, New roofs on 3 of the buildings 2020. All but one building have been separately sub- metered giving the financials a huge opportunity moving forward. Windows and insulation upgraded too.
- Listed by Peter Jameson • J Residential Properties
- Listed by Erin Jameson Maher • J Residential Properties
Property Details for 13718 Southeast Division Street
Parking Features
Guest, Open
ZoningCN2
Parking Total25.00
Location
Listing Courtesy of J Residential Properties
Add your commute
LISTING UPDATED: 04/09/2024 02:09 PM
Property Details for 13718 Southeast Division Street
| Status | Active |
|---|---|
| MLS # | 24084617 |
| Days on Market | 26 |
| Taxes | $23,801 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1995 |
| Lot Size | 0.74 AC / 32,234 SF |
| County | Multnomah County |
Location
Listing Courtesy of J Residential Properties
Add your commute
Building Information for 13718 Southeast Division Street
Stories1Residences21Year Built1995Building Size-Lot Size0.74 AC / 32,234 SF
Payment Calculator
$13,717 per month
30 year fixed, 7.25% Interest
Principal and Interest
$11,733
Property Taxes
$1,983
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 13718 Southeast Division Street
Summary
Location and General Information
- Country: US
- Directions: 137 th & Division
- Road Surface: Paved
School Information
- Elementary School: Lincoln Park
- High School: David Douglas
- Middle Or Junior School: Ron Russell
Taxes and HOA
- Management Name: Shelter MGT
- Tax Year: 2023
- Tax Annual Amount: $23,800.70
- Parcel Number: R334241
- Tax Legal Description: SECTION 11 1S 2E, TL 100 0.74 ACRES
Property
Lot Information
- Acres: 0.74
- Lot Description: Level, On Busline
- Lot Size Square Feet: 32234.0
- Lot Size Range: Sq Ft20000to Acres1
- Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
- Property Type: Multi Family
- Water Description: Public Water
- Property Condition: Existing
- Year Built: 1995
Utilities
- Cooling Description: None
- Fuel Description: Electricity
- Heating Description: Wall Furnace, Wall Heater
- Hot Water Description: Electricity
- Sewer Description: Public Sewer
- Rent Includes: Electricity, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
- Exterior Description: Stucco
- Roof Type: Composition
Interior Features
- Basement: Crawl Space
- Foundation Details: Concrete Perimeter
- Stories: 1
Amenities
Amenities Information
- Internet Service Type: Cable, Satellite
Multi Family
Multi-Family Information
- Number Of Units Total: 21
- Gross Income Actual: $229,260.00
- Gross Income Projected: $245,308.00
- Gross Rent Multiplier: $9.38
- Investor Information: Leases, Profit Loss Statement, Rent Records, Utility Records Available
- Net Income Actual: $152,097.00
- Net Income Projected: 179308
- Operating Expenses Projected: $66,000.00
- Operating Expense: $77,163.00
- Storage: None
- Unit Type Type: Unit Type Type1, Unit Type Type10, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6, Unit Type Type7, Unit Type Type8, Unit Type Type9
- Common Amenities: Laundry
- SqFt Approximate Building Total: 2563
Unit 1 Information
- Unit Type 1 Baths Total: 0
- Unit Type 1 Beds Total: 0
- Unit Type 1 Features: Range, Refrigerator, Window Coverings
- Unit Type 1 Rent: $750
- Unit Type 1 SqFt: 300.0
- Unit Type 1 Units Total: 1
Unit 2 Information
- Unit Type 2 Baths Total: 1
- Unit Type 2 Beds Total: 1
- Unit Type 2 Features: Range, Refrigerator, Window Coverings
- Unit Type 2 Rent: $900
- Unit Type 2 SqFt: 200.0
- Unit Type 2 Units Total: 4
Unit 3 Information
- Unit Type 3 Baths Total: 1
- Unit Type 3 Beds Total: 1
- Unit Type 3 Features: Range, Refrigerator, Unfurnished, Window Coverings
- Unit Type 3 Rent: $1,100
- Unit Type 3 SqFt: 450.0
- Unit Type 3 Units Total: 7
Unit 4 Information
- Unit Type 4 Baths Total: 1
- Unit Type 4 Beds Total: 3
- Unit Type 4 Features: Range, Refrigerator, Unfurnished, Window Coverings
- Unit Type 4 Rent: $1,230
- Unit Type 4 SqFt: 609
- Unit Type 4 UnitsTotal: 1
Unit 5 Information
- Unit Type 5 Baths Total: 1
- Unit Type 5 Beds Total: 2
- Unit Type 5 Features: Range, Refrigerator, Unfurnished, Window Coverings
- Unit Type 5 Rent: $925
- Unit Type 5 SqFt: 600.0
- Unit Type 5 Units Total: 1
Unit 6 Information
- Unit Type 6 Baths Total: 1
- Unit Type 6 Beds Total: 1
- Unit Type 6 Features: Range, Refrigerator, Unfurnished, Window Coverings
- Unit Type 6 Rent: $945
- Unit Type 6 SqFt: 450.0
- Unit Type 6 Units Total: 1
Unit 7 Information
- Unit Type 7 Baths Total: 1
- Unit Type 7 Beds Total: 1
- Unit Type 7 Features: Range, Refrigerator, Unfurnished, Window Coverings
- Unit Type 7 Rent: $80
- Unit Type 7 SqFt: 500
- Unit Type 7 Units Total: 1
Unit 8 Information
- Unit Type 8 Baths Total: 1
- Unit Type 8 Beds Total: 0
- Unit Type 8 Features: Range, Refrigerator, Unfurnished, Window Coverings
- Unit Type 8 Rent: $755
- Unit Type 8 SqFt: 380.0
- Unit Type 8 Units Total: 1
Unit 9 Information
- Unit Type 9 Baths Total: 1
- Unit Type 9 Beds Total: 0
- Unit Type 9 Features: Range, Refrigerator, Unfurnished, Window Coverings
- Unit Type 9 Rent: $800
- Unit Type 9 SqFt: 380.0
- Unit Type 9 Units Total: 1
Unit 10 Information
- Unit Type 10 Baths Total: 1
- Unit Type 10 Beds Total: 1
- Unit Type 10 Features: Range, Refrigerator, Unfurnished, Window Coverings
- Unit Type 10 Rent: $1,000
- Unit Type 10 SqFt: 450.0
- Unit Type 10 Units Total: 3
Property History for 13718 Southeast Division Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 13718 Southeast Division Street
Taxable ValueLand-Additions-Total-
Tax Record2023$23,801 ($1,983 / month)
Home Facts
Baths19Total Finished SqFt1,440 SqFtAbove Grade Finished SqFt1,440 SqFtStories1Lot Size32,234 SqFtStyleQuadraplexYear Built1995ZoningCN2,R2ACountyMULTNOMAHAPN1S2E11AB 00100
Schools near 13718 Southeast Division Street
This home is within David Douglas School District 40.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 5 |
Rating | School | Distance |
|---|---|---|
Lincoln Park Elementary School PublicPK to 5 | ||
Ron Russell Middle School Public6 to 8 | ||
David Douglas High School Public9 to 12 | ||
Arthur Academy 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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Listing Courtesy of J Residential Properties
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