2311 Southeast Hawthorne Boulevard

Portland, OR 97214

$1,025,000
Last Sold Price
Beds
8,166 Sq. Ft.
$126 / Sq. Ft.
8,166
Sq. Ft.
$126
per Sq. Ft.

Description

Value add opportunity in one of Portland's BEST locations. 6 units w/ under market rents offer an incredible canvas for the investor with a vision. Cosmetic upgrades and changes to operational efficiencies will offer the new owner substantial upside. Make offer subject to interior inspection.Value add opportunity in one of Portland's BEST locations. 6 units w/ under market rents offer an incredible canvas for the investor with a vision. Cosmetic upgrades and changes to operational efficiencies will offer the new owner substantial upside. Make offer subject to interior inspection.
  1. Listed by Benjamin Ficker • Equity Pacific Real Estate LLC

Property Details for 2311 Southeast Hawthorne Boulevard

Subdivision
BUCKMAN COMMUNITY ASSOCIATION
Parking Features
Off Site
Zoning
R1

Location

Listing Courtesy of Equity Pacific Real Estate LLC

Sold By Portlandia Properties, LLC

Add your commute
LISTING UPDATED: 10/21/2022 04:29 PM

Property Details for 2311 Southeast Hawthorne Boulevard

StatusSold
MLS #22473650
Days on Market82
Taxes$10,392 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1912
Lot Size-
CountyMultnomah County

Location

Listing Courtesy of Equity Pacific Real Estate LLC

Sold By Portlandia Properties, LLC

Add your commute

Building Information for 2311 Southeast Hawthorne Boulevard

Stories2Residences6Year Built1912Building Size-Lot Size-

Payment Calculator

$6,460 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,594

Property Taxes

$866

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2311 Southeast Hawthorne Boulevard

Summary
Location and General Information
  • Country: US
  • Directions: SE Hawthorne Blvd / SE 23rd Ave
  • Road Surface: Paved
School Information
  • Elementary School: Sunnyside Env
  • High School: Franklin
  • Middle Or Junior School: Sunnyside Env
Parking
  • Attached Garage: No
Taxes and HOA
  • FIRPTA: No
  • Tax Year: 2021
  • Tax Deferral: No
  • Tax Annual Amount: $10,392.42
  • Parcel Number: R244805
  • Tax Legal Description: PLEASANT VIEW ADD, BLOCK 5, E 1/2 OF LOT 4, E 1/2 OF LOT 5 EXC PT
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
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: Fixer
  • Year Built: 1912
  • Property Attached: No
Utilities
  • Fuel Description: Electricity
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Electricity, Gas, Heat, Sewer, Trash Collection, Water
Green Features
  • Green Certification: No
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space, Full Basement, Unfinished
  • Foundation Details: Concrete Perimeter
  • View Y/N: No
  • Stories: 2
  • Cooling: No
  • Heating: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • Gross Income Actual: $91,324.00
  • Gross Income Projected: $98,620.00
  • Gross Rent Multiplier: $11.50
  • Investor Information: According To Owner, Incomplete
  • Net Income Actual: $52,462.00
  • Net Income Projected: 58663
  • Operating Expenses Projected: $39,956.00
  • Operating Expense: $38,862.00
  • Storage: Basement, Individual Storage Units
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6
  • SqFt Approximate Building Total: 8166
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Rent: $1,795
  • Unit Type 1 SqFt: 1200.0
  • 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: $1,795
  • Unit Type 2 SqFt: 1200.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 0
  • Unit Type 3 Rent: $750
  • Unit Type 3 SqFt: 550.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Rent: $975
  • Unit Type 4 SqFt: 650
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Beds Total: 1
  • Unit Type 5 Rent: $725
  • Unit Type 5 SqFt: 650.0
  • Unit Type 5 Units Total: 1
Unit 6 Information
  • Unit Type 6 Baths Total: 1
  • Unit Type 6 Beds Total: 1
  • Unit Type 6 Rent: $925
  • Unit Type 6 SqFt: 650.0
  • Unit Type 6 Units Total: 1

Public Records for 2311 Southeast Hawthorne Boulevard

Taxable ValueLand-Additions-Total-
Tax Record2017$8,543 ($712 / month)
Home Facts
Baths7Above Grade Finished SqFt5,722 SqFtUnfinished Basement SqFt2,444 SqFtStories2Lot Size4,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1912Year Renovated1912ZoningR1CountyMULTNOMAHAPNR244805

Schools near 2311 Southeast Hawthorne Boulevard

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Charter - K to 8
Public - 6 to 8
Rating
School
Distance
Sunnyside Environmental School
PublicK to 8

Franklin High School
Public9 to 12

Da Vinci Middle School
Public6 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

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Similar Sold Homes

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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 Equity Pacific Real Estate 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 04:29 PM