2160 Southwest Kings Court

Portland, OR 97205

$450,000
Last Sold Price
Beds
2,394 Sq. Ft.
$188 / Sq. Ft.
2,394
Sq. Ft.
$188
per Sq. Ft.

Description

Unique value-add opportunity in fantastic SW Portland hills location. Tri-plex has below market rents, with one vacant unit not in rentable condition. Perfect for value-add buyer who wants to upgrade in the NW/SW hills, tucked behind the BMW dealership off SW Jefferson & includes parking. Potential to dramatically increase current income with a charming & rare vintage plex. Income/expense information based on the property being fully rented, actual income/expenses available upon accepted offer.Unique value-add opportunity in fantastic SW Portland hills location. Tri-plex has below market rents, with one vacant unit not in rentable condition. Perfect for value-add buyer who wants to upgrade in the NW/SW hills, tucked behind the BMW dealership off SW Jefferson & includes parking. Potential to dramatically increase current income with a charming & rare vintage plex. Income/expense information based on the property being fully rented, actual income/expenses available upon accepted offer.
  1. Listed by Bernard Gehret • Joseph Bernard LLC

Property Details for 2160 Southwest Kings Court

Zoning
CX

Location

Listing Courtesy of Joseph Bernard LLC

Sold By Kozy Real Estate Group

Add your commute
LISTING UPDATED: 10/21/2022 02:54 PM

Property Details for 2160 Southwest Kings Court

StatusSold
MLS #22361375
Days on Market100
Taxes$8,962 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1912
Lot Size-
CountyMultnomah County

Location

Listing Courtesy of Joseph Bernard LLC

Sold By Kozy Real Estate Group

Add your commute

Building Information for 2160 Southwest Kings Court

Stories2Residences3Year Built1912Building Size-Lot Size-

Payment Calculator

$3,203 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,456

Property Taxes

$747

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2160 Southwest Kings Court

Summary
Location and General Information
  • Country: US
  • Directions: SW Kings Ct/SW Jefferson St
School Information
  • Elementary School: Chapman
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan
Parking
  • Attached Garage: No
Taxes and HOA
  • FIRPTA: No
  • Tax Year: 2021
  • Tax Deferral: No
  • Tax Annual Amount: $8,962.49
  • Parcel Number: R105823
  • Tax Legal Description: AMOS N KINGS, BLOCK 16 TL 7200
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • 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: 1912
  • Property Attached: No
Utilities
  • Fuel Description: Electricity
  • Heating Description: Forced Air
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Green Features
  • Green Certification: No
Interior and Exterior Features
Interior Features
  • Basement: Partially Finished
  • Foundation Details: Concrete Perimeter
  • View Y/N: No
  • Stories: 2
  • Cooling: No
  • Heating: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $55,860.00
  • Gross Income Projected: $72,000.00
  • Gross Rent Multiplier: $10.74
  • Net Income Actual: $38,150.00
  • Net Income Projected: 54290
  • Operating Expenses Projected: $17,710.00
  • Operating Expense: $17,710.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 2394
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Rent: $1,265
  • Unit Type 1 SqFt: 882.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Rent: $1,175
  • Unit Type 2 SqFt: 912.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Rent: $0
  • Unit Type 3 SqFt: 600.0
  • Unit Type 3 Units Total: 1

Property History for 2160 Southwest Kings Court

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2160 Southwest Kings Court

Taxable ValueLand-Additions-Total-
Tax Record2023$9,318 ($777 / month)
Home Facts
Baths3Total Finished SqFt2,994 SqFtAbove Grade Finished SqFt2,394 SqFtFinished Basement SqFt600 SqFtUnfinished Basement SqFt52 SqFtStories2Lot Size11,316 SqFtStyleTriplexYear Built1912ZoningCXDCountyMULTNOMAHAPN1N1E33CD 07200Fireplace TypeHas Fireplace

Schools near 2160 Southwest Kings Court

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 12
Rating
School
Distance
Chapman Elementary School
PublicK to 5

West Sylvan Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Metropolitan Learning Center
PublicK 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

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.

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 Joseph Bernard LLC

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: 10/21/2022 02:54 PM