2717 Southwest 2nd Avenue

Portland, OR 97201

$1,595,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Clean, updated 4 plex investment property has lots of potential with room to grow. Zoned CM2. Possibility of more units built in the back of the lot. 40 x 20ft attic with 12ft high vaulted ceilings. Consistently 100% occupied. All units come equipped with washer/dryer, built-in microwave, range and refrigerator. Also features hardwood floors throughout, large windows, updated kitchens and baths, full basement with tons of storage and a great backyard. Only 1.5 blocks from Lair Hill Park. 85 walk/bike/transit...Clean, updated 4 plex investment property has lots of potential with room to grow. Zoned CM2. Possibility of more units built in the back of the lot. 40 x 20ft attic with 12ft high vaulted ceilings. Consistently 100% occupied. All units come equipped with washer/dryer, built-in microwave, range and refrigerator. Also features hardwood floors throughout, large windows, updated kitchens and baths, full basement with tons of storage and a great backyard. Only 1.5 blocks from Lair Hill Park. 85 walk/bike/transit score.
  1. Listed by Kirt Dye • John L. Scott

Property Details for 2717 Southwest 2nd Avenue

Zoning
CM2
View
City, Territorial

Location

Listing Courtesy of John L. Scott
Add your commute
LISTING UPDATED: 01/30/2024 01:42 PM

Property Details for 2717 Southwest 2nd Avenue

StatusActive
MLS #22555570
Days on Market163
Taxes$10,073 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size-
CountyMultnomah County

Location

Listing Courtesy of John L. Scott
Add your commute

Building Information for 2717 Southwest 2nd Avenue

Stories3Residences4Year Built1900Building Size-Lot Size-

Payment Calculator

$9,544 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,705

Property Taxes

$839

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2717 Southwest 2nd Avenue

Summary
Location and General Information
  • Country: US
  • Directions: SW 1st Ave. (south of Kelly), West on SW Meade, North on SW 2nd
School Information
  • Elementary School: Ainsworth
  • Elementary School 2: Other
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $10,073.00
  • Parcel Number: R236807
  • Tax Legal Description: PARTITION PLAT 1990-42, LOT 1
Property
Lot Information
  • 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: Updated Remodeled
  • Year Built: 1900
Utilities
  • Fuel Description: Gas
  • Heating Description: Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cedar, Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Full Basement, Unfinished
  • Foundation Details: Concrete Perimeter, Slab
  • Stories: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $90,000.00
  • Gross Rent Multiplier: $17.72
  • Net Income Actual: $72,020.00
  • Operating Expense: $17,980.00
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • Common Amenities: Laundry
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Hardwood Floors, Range, Washer Dryer
  • Unit Type 1 Rent: $1,950
  • Unit Type 1 SqFt: 800.0
  • 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: Microwave, Range, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,750
  • 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: 2
  • Unit Type 3 Features: Microwave, Range, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $1,950
  • Unit Type 3 SqFt: 800.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Microwave, Range, Refrigerator, Washer Dryer
  • Unit Type 4 Rent: $1,850
  • Unit Type 4 SqFt: 800
  • Unit Type 4 UnitsTotal: 1

Property History for 2717 Southwest 2nd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2717 Southwest 2nd Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$10,073 ($839 / month)
Home Facts
Baths4Total Finished SqFt3,120 SqFtAbove Grade Finished SqFt3,120 SqFtUnfinished Basement SqFt1,678 SqFtStories2Lot Size4,420 SqFtStyleQuadraplexYear Built1900ZoningCSCountyMULTNOMAHAPN1S1E10BB 02000

Schools near 2717 Southwest 2nd Avenue

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
Charter - K to 5
Rating
School
Distance
Ainsworth Elementary School
PublicK to 5

West Sylvan Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Emerson School
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

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2717 Southwest 2nd Avenue is a multi-family home for sale in Portland, OR 97201. This property was listed for sale on November 20, 2023 by John L. Scott, it's currently listed at $1,595,000. It has been on the market for a total of 163 days and was last sold on October 22, 2004. This listing's school district is Portland School District 1j. Nearby schools include Ainsworth Elementary School, West Sylvan Middle School and Lincoln High School. 2717 Southwest 2nd Avenue is a 0-bed, 0-bath, multi-family home built in 1900.

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

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: 01/30/2024 01:42 PM