2322 Southeast 121st Avenue

Portland, OR 97216

$300,000
Last Sold Price
Beds
1,520 Sq. Ft.
$197 / Sq. Ft.
1,520
Sq. Ft.
$197
per Sq. Ft.

Description

Value add fixer duplex on a oversize lot in SE Portland. The property consists of two 2 Bed / 1 bath units. Both have been updated on the interiors and have consistent tenant history. Situated on an .18 acre lot with RM2 zoning. This allows for medium density residential and has the potential to build additional units in the large backyards. Property to be sold as-is, seller to do no repairs.Value add fixer duplex on a oversize lot in SE Portland. The property consists of two 2 Bed / 1 bath units. Both have been updated on the interiors and have consistent tenant history. Situated on an .18 acre lot with RM2 zoning. This allows for medium density residential and has the potential to build additional units in the large backyards. Property to be sold as-is, seller to do no repairs.
  1. Listed by Nick Krautter, P.C.. • City and State Real Estate
  2. Listed by Jordan Fezler • City and State Real Estate

Property Details for 2322 Southeast 121st Avenue

Subdivision
MILL PARK
Parking Features
Assigned
Zoning
RM2
View
Territorial

Location

Listing Courtesy of City and State Real Estate

Sold By Modern Realty

Add your commute
LISTING UPDATED: 09/19/2022 11:43 AM

Property Details for 2322 Southeast 121st Avenue

StatusSold
MLS #22309308
Days on Market207
Taxes$3,267 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1953
Lot Size-
CountyMultnomah County

Location

Listing Courtesy of City and State Real Estate

Sold By Modern Realty

Add your commute

Building Information for 2322 Southeast 121st Avenue

Stories1Residences2Year Built1953Building Size-Lot Size-

Payment Calculator

$1,909 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,637

Property Taxes

$272

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2322 Southeast 121st Avenue

Summary
Location and General Information
  • Country: US
  • Directions: SE Grant Street
  • Road Surface: Concrete, Paved
School Information
  • Elementary School: Mill Park
  • High School: David Douglas
  • Middle Or Junior School: Floyd Light
Parking
  • Attached Garage: No
Taxes and HOA
  • FIRPTA: No
  • Tax Year: 2020
  • Tax Deferral: No
  • Tax Annual Amount: $3,267.18
  • Parcel Number: R145717
  • Tax Legal Description: D & O LITTLE HMS SUB 1, LOT 1 TL 8300
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Lot Description: Level
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1953
  • Property Attached: No
  • Unreinforced Masonry Bldg: Unknown
Utilities
  • Cooling Description: Window Unit
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Trash Collection
Green Features
  • Green Certification: No
Interior and Exterior Features
Exterior Features
  • Exterior Description: Other
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • View Y/N: Yes
  • Stories: 1
  • Cooling: Yes
  • Heating: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $27,360.00
  • Gross Rent Multiplier: $11.51
  • Investor Information: According To Owner, Leases
  • Net Income Actual: $18,093.00
  • Operating Expense: $9,267.00
  • Security Features: None
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1520
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Disposal, Microwave, Range, Refrigerator
  • Unit Type 1 Rent: $895
  • Unit Type 1 SqFt: 600.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Disposal, Microwave, Range, Refrigerator
  • Unit Type 2 Rent: $1,295
  • Unit Type 2 SqFt: 600.0
  • Unit Type 2 Units Total: 1

Schools near 2322 Southeast 121st Avenue

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
Mill Park Elementary School
PublicPK to 5

Floyd Light 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 City and State Real Estate

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: 09/19/2022 11:43 AM