2167 Southwest Yamhill Street

Portland, OR 97205

$2,725,000
Price
Beds
13,177 Sq. Ft.
$207 / Sq. Ft.
13,177
Sq. Ft.
$207
per Sq. Ft.

Description

Located in southwest Portland? s Goose Hollow neighborhood, this popular location affords residents quick access to essential amenities, public transportation, and some of Portland? s most desirable parks, restaurants, entertainment. Built in 1902, its beautiful historic character has been well maintained while integrating necessary upgrades. The Yamhill 9-Plex is three stories and features large floor plans comprised of (6) 3 Bed/1 Bath, (1) 2 Bed/1 Bath and (2) 1 Bed/1 Bath units averaging 1,450...Located in southwest Portland? s Goose Hollow neighborhood, this popular location affords residents quick access to essential amenities, public transportation, and some of Portland? s most desirable parks, restaurants, entertainment. Built in 1902, its beautiful historic character has been well maintained while integrating necessary upgrades. The Yamhill 9-Plex is three stories and features large floor plans comprised of (6) 3 Bed/1 Bath, (1) 2 Bed/1 Bath and (2) 1 Bed/1 Bath units averaging 1,450 square feet, 800 square feet and 612 square feet respectively. The 3 Bedroom Units have two exterior decks, period lighting, picture rails, hardwood floors and large windows. The basement is finished with three additional apartments with exterior entrances. The Yamhill 9-Plex is expected to benefit from continued long-term demand for the Goose Hollow neighborhood. This is reflected in comparable Market Rents which average $1,429, $2,018 and $2,628 for 1, 2 and 3 bedroom units respectively. Investors looking for a remarkable asset with an in-demand Portland location will find the Yamhill 9-Plex an exceptional investment opportunity
  1. Listed by Greg Messick • RealtyNET, LLC

Property Details for 2167 Southwest Yamhill Street

Subdivision
GOOSE HOLLOW
Parking Features
None
Zoning
Multi
Garage Spaces
.00
Parking Total
.00

Location

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LISTING UPDATED: 11/02/2023 12:48 PM

Property Details for 2167 Southwest Yamhill Street

StatusActive
MLS #23162638
Days on Market179
Taxes$20,697 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1902
Lot Size-
CountyMultnomah County

Location

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Add your commute

Building Information for 2167 Southwest Yamhill Street

Stories3Residences9Year Built1902Building Size-Lot Size-

Payment Calculator

$16,596 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,871

Property Taxes

$1,725

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2167 Southwest Yamhill Street

Summary
Location and General Information
  • Country: US
  • Directions: SW King St 1 block South of Burside
  • Road Surface: Paved
School Information
  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan
Parking
  • Attached Garage: No
Taxes and HOA
  • FIRPTA: No
  • Tax Year: 2023
  • Tax Deferral: No
  • Tax Annual Amount: $20,697.38
  • Parcel Number: R193334
  • Tax Legal Description: JOHNSONS ADD, BLOCK 6, E 50' OF W 150' OF S 100'
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
  • Video Virtual Tour 2 Y/N: No
Property
Lot Information
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1902
  • Property Attached: No
  • Unreinforced Masonry Bldg: No
Utilities
  • Cooling Description: None
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Green Features
  • Green Certification: No
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding, Wood Siding
  • Roof Type: Shingle
Interior Features
  • Basement: Other, Storage Space
  • Foundation Details: Concrete Perimeter
  • View Y/N: No
  • Stories: 3
  • Cooling: No
  • Heating: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
  • Gross Income Actual: $219,441.00
  • Gross Income Projected: $240,515.00
  • Gross Rent Multiplier: $12.42
  • Investor Information: Annual Property Operation Data, Leases, Profit Loss Statement, Tax Returns Available
  • Net Income Actual: $151,754.00
  • Net Income Projected: 171222
  • Operating Expenses Projected: $69,293.00
  • Operating Expense: $67,687.00
  • Security Features: Fire Escape, Unknown
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 13177
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Hardwood Floors, Range, Refrigerator
  • Unit Type 1 Rent: $2,338
  • Unit Type 1 SqFt: 1400.0
  • Unit Type 1 Units Total: 6
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Hardwood Floors, Range, Refrigerator
  • Unit Type 2 Rent: $1,665
  • Unit Type 2 SqFt: 800.0
  • 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: Hardwood Floors, Range, Refrigerator
  • Unit Type 3 Rent: $1,290
  • Unit Type 3 SqFt: 613.0
  • Unit Type 3 Units Total: 2

Property History for 2167 Southwest Yamhill Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2167 Southwest Yamhill Street

Taxable ValueLand-Additions-Total-
Tax Record2023$20,697 ($1,725 / month)
Home Facts
Baths9Total Finished SqFt13,483 SqFtAbove Grade Finished SqFt11,357 SqFtFinished Basement SqFt2,126 SqFtUnfinished Basement SqFt910 SqFtStories3Lot Size5,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1902ZoningRHDCountyMULTNOMAHAPN1N1E33CD 03500

Schools near 2167 Southwest Yamhill Street

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

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2167 Southwest Yamhill Street is a multi-family home for sale in Portland, OR 97205. This property was listed for sale on November 2, 2023 by RealtyNET, LLC, it's currently listed at $2,725,000. It has been on the market for a total of 179 days and was last sold on December 5, 2018. This listing's school district is Portland School District 1j. Nearby schools include Chapman Elementary School, West Sylvan Middle School and Lincoln High School. 2167 Southwest Yamhill Street is a 0-bed, 0-bath, 13,177 sqft multi-family home built in 1902.

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 RealtyNET, 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: 11/02/2023 12:48 PM