1927 Northeast 16th Avenue

Portland, OR 97212

$1,275,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

The Painted Lady Victorian home is rich in history and beautifully maintained. Currently is being used as a nightly rental, has been a month-to-month rental. 3 living spaces, main house, ADU in basement with full kitchen and outside entrance and the Studio/cottage in back. Parking on driveway and on the street. Quiet location. This property would be a great family home, multi-generational living or continue with investment and use as a short-term rental or long-term rental. Lots of options! Great...The Painted Lady Victorian home is rich in history and beautifully maintained. Currently is being used as a nightly rental, has been a month-to-month rental. 3 living spaces, main house, ADU in basement with full kitchen and outside entrance and the Studio/cottage in back. Parking on driveway and on the street. Quiet location. This property would be a great family home, multi-generational living or continue with investment and use as a short-term rental or long-term rental. Lots of options! Great location to shops, restaurants and the Irvington area. Newer roof (2022), electrical, plumbing to street, exterior paint 2018, new appliances/flooring in main kitchen 2023. Addition of ADU in basement, and studio out back. Peaceful courtyard and deck off of house. So many historic touches in this home remain yet modern convivences this truly a must see to appreciate incredible craftsmanship. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10100535]
  1. Listed by Gina Bany • Better Homes & Gardens Realty

Property Details for 1927 Northeast 16th Avenue

Subdivision
IRVINGTON
Parking Features
Off Site, Paved
Zoning
RM2

Location

Listing Courtesy of Better Homes & Gardens Realty
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LISTING UPDATED: 04/07/2024 12:57 PM

Property Details for 1927 Northeast 16th Avenue

StatusActive
MLS #23242600
Days on Market255
Taxes$13,098 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1894
Lot Size-
CountyMultnomah County

Location

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Building Information for 1927 Northeast 16th Avenue

Stories-Residences3Year Built1894Building Size-Lot Size-

Payment Calculator

$8,050 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,958

Property Taxes

$1,092

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1927 Northeast 16th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: NE Broadway to NE 16th
School Information
  • Elementary School: Irvington
  • High School: Grant
  • High School 2: Jefferson
  • Middle Or Junior School: Harriet Tubman
Taxes and HOA
  • Tax Year: 2022
  • Tax Annual Amount: $13,098.03
  • Parcel Number: R182604
  • Tax Legal Description: HOLLADAYS ADD, BLOCK 263, LOT 7
Property
Lot Information
  • Lot Description: Level
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1894
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Electricity, Gas, Maintenance Grounds, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Separate Living Quarters Apartment Aux Living Unit
  • Foundation Details: Concrete Perimeter
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $97,000.00
  • Gross Income Projected: $106,800.00
  • Gross Rent Multiplier: $13.14
  • Investor Information: Rent Records, Utility Records Available
  • Net Income Actual: $61,000.00
  • Net Income Projected: 84300
  • Operating Expenses Projected: $22,500.00
  • Operating Expense: $30,100.00
  • Storage: None
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
Unit 1 Information
  • Unit Type 1 Baths Total: 3
  • Unit Type 1 Beds Total: 4
  • Unit Type 1 Features: Air Conditioning, Deck, Fireplace, Hardwood Floors
  • Unit Type 1 Rent: $0
  • Unit Type 1 SqFt: 2162.0
  • 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: Air Conditioning, Range, Refrigerator
  • Unit Type 2 Rent: $0
  • Unit Type 2 SqFt: 1231.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Air Conditioning, Refrigerator, Window Coverings
  • Unit Type 3 Rent: $0
  • Unit Type 3 SqFt: 480.0
  • Unit Type 3 Units Total: 1

Property History for 1927 Northeast 16th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1927 Northeast 16th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$13,388 ($1,116 / month)
Home Facts
Beds4Baths3.5Total Finished SqFt4,624 SqFtAbove Grade Finished SqFt3,393 SqFtFinished Basement SqFt1,231 SqFtStories1Lot Size5,000 SqFtStyleSingle Family ResidenceYear Built1894ZoningR1CountyMULTNOMAHAPN1N1E26DC 08400Fireplace TypeHas Fireplace

Schools near 1927 Northeast 16th Avenue

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 - 9 to 12
Rating
School
Distance
Irvington Elementary School
PublicK to 5

Harriet Tubman Middle School
Public6 to 8

Jefferson High School
Public9 to 12

Grant 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.

Similar Homes

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1927 Northeast 16th Avenue is a multi-family home for sale in Portland, OR 97212. This property was listed for sale on August 24, 2023 by Better Homes & Gardens Realty, it's currently listed at $1,275,000. It has been on the market for a total of 255 days and was last sold on November 7, 2001. This listing's school district is Portland School District 1j. Nearby schools include Irvington Elementary School, Harriet Tubman Middle School and Jefferson High School. 1927 Northeast 16th Avenue is a 0-bed, 0-bath, multi-family home built in 1894.

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: 04/07/2024 12:57 PM