2431 Southeast 141st Avenue

2431 Southeast 141st Avenue

Portland, OR 97233

$950,000
Price
—
Beds
4,516 Sq. Ft.
$210 / Sq. Ft.
4,516
Sq. Ft.
$210
per Sq. Ft.
a view of a house with a yard
a view of a house with a backyard
a house view with a outdoor space
a front view of a house with a garden and parking
an empty room with windows
an empty room with windows and closet
a view of an empty room with a window
a kitchen with white cabinets and white appliances
a view of a kitchen with an empty room and wooden floor
a kitchen with stainless steel appliances granite countertop a sink and cabinets
a bathroom with a sink and a mirror
a view of an entryway with wooden floor
a view of an empty room with a window
a view of an empty room with a window
a view of an empty room with a window
a bathroom with a sink a toilet and shower
a bathroom with a sink a toilet and mirror
a utility room with dryer and washer
a view of a bathroom with a sink and a mirror
a bathroom with a toilet and a vanity
a bathroom with a sink and a mirror
an empty room with windows
a view of an empty room
a view of an empty room with a window
a view of an empty room with a window
a view of an empty room
a view of a garage
a view of a backyard
a view of a yard in front of a house with large trees

Description

Excellent opportunity for investor or owner occupied investor. This well built 1998 4Plex has been meticulously maintained for years. Unit #1 is located (eastside) above the 3 garages with additional assigned parking for each unit. Units #2 and #3 are two levels. Unit #4 is one level built to 1998 ADA standards. There is huge upside potential for increased rent rates to maximize net operating profit and create a possible cap rate of over 7%. No sign on property. Please do not disturb tenants. Unit...Excellent opportunity for investor or owner occupied investor. This well built 1998 4Plex has been meticulously maintained for years. Unit #1 is located (eastside) above the 3 garages with additional assigned parking for each unit. Units #2 and #3 are two levels. Unit #4 is one level built to 1998 ADA standards. There is huge upside potential for increased rent rates to maximize net operating profit and create a possible cap rate of over 7%. No sign on property. Please do not disturb tenants. Unit #2 is vacant. Call seller's agent for appointment.
  1. Listed by Dan McGraw • John L. Scott Portland Metro • 503-665-0111

Property Details for 2431 Southeast 141st Avenue

Subdivision
HW-Hazelwood
Parking Features
Assigned, Garage
Zoning
RM1
Garage Spaces
3.00
Parking Total
4.00

Location

Listing Courtesy of John L. Scott Portland Metro
Add your commute
LISTING UPDATED: 05/16/2024 02:14 PM

Property Details for 2431 Southeast 141st Avenue

StatusActive
MLS #24301823
Days on Market33
Taxes$10,205 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1998
Lot Size0.22 AC / 9,583 SF
CountyMultnomah County

Location

Listing Courtesy of John L. Scott Portland Metro
Add your commute

Building Information for 2431 Southeast 141st Avenue

Stories-Residences4Year Built1998Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$6,035 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,185

Property Taxes

$850

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2431 Southeast 141st Avenue

Summary
Location and General Information
  • Country: US
  • Directions: SE Division to 141st Ave and turn north.
  • Road Surface: Paved
School Information
  • Elementary School: Lincoln Park
  • High School: David Douglas
  • Middle Or Junior School: Ron Russell
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $10,205.08
  • Parcel Number: R236416
  • Tax Legal Description: PARKTOWN ADD, BLOCK 1, N 50' OF LOT 1&2
Property
Lot Information
  • Acres: 0.22
  • Lot Description: Level
  • Lot Size Square Feet: 9583.0
  • Lot Size Dimension: 50' x 187'
  • 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
  • Year Built: 1998
Utilities
  • Cooling Description: Wall Unit
  • Fuel Description: Electricity, Gas
  • Heating Description: Forced Air, Wall Heater
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $55,267.00
  • Gross Income Projected: $65,520.00
  • Gross Rent Multiplier: $17.19
  • Investor Information: According To Owner
  • Net Income Actual: $33,651.00
  • Net Income Projected: 43607
  • Operating Expenses Projected: $21,913.00
  • Operating Expense: $21,616.00
  • Security Features: Security Lights
  • Storage: Attached, Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • SqFt Approximate Building Total: 4516
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $995
  • Unit Type 1 SqFt: 672.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 3
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,725
  • Unit Type 2 SqFt: 1396.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $1,345
  • Unit Type 3 SqFt: 1074.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 2
  • Unit Type 4 Beds Total: 3
  • Unit Type 4 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 4 Rent: $1,395
  • Unit Type 4 SqFt: 1334
  • Unit Type 4 UnitsTotal: 1

Public Records for 2431 Southeast 141st Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$10,205 ($850 / month)
Home Facts
Baths2Total Finished SqFt4,516 SqFtAbove Grade Finished SqFt4,516 SqFtStories2Lot Size9,350 SqFtStyleQuadraplexYear Built1998ZoningMR4CountyMULTNOMAHAPN1S2E02DD 06200

Schools near 2431 Southeast 141st Avenue

This home is within David Douglas School District 40.
Rating
School
Type
Grades
Distance
Lincoln Park Elementary School
Public - PK to 5
Ron Russell Middle School
Public - 6 to 8
David Douglas High School
Public - 9 to 12
Arthur Academy
Charter - K to 5
Rating
School
Distance
Lincoln Park Elementary School
PublicPK to 5

Ron Russell 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.

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.

Homes for Sale near Hazelwood

Neighborhoods

Cities

ZIPs

More information about 2431 Southeast 141st Avenue, Portland, OR 97233

2431 Southeast 141st Avenue is a multi-family home for sale in Portland, OR 97233. This property was listed for sale on May 16, 2024 by John L. Scott Portland Metro, it's currently listed at $950,000. This listing's school district is David Douglas School District 40. Nearby schools include Lincoln Park Elementary School, Ron Russell Middle School and David Douglas High School. 2431 Southeast 141st Avenue is a 0-bed, 0-bath, 4,516 sqft multi-family home built in 1998.

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 John L. Scott Portland Metro

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: 05/16/2024 02:14 PM