2914 Southeast 52nd Avenue
2914 Southeast 52nd Avenue
Portland, OR 97206
$698,000
Price
—
Beds
1,600 Sq. Ft.
$436 / Sq. Ft.
1,600
Sq. Ft.
$436
per Sq. Ft.
Virtual Tour
Virtual Tour
Description
PRICE IMPROVEMENT+ NEW Food Truck Income! This rare mixed-used multi unit commercial residential property is on an ample sized 59' by 100' corner lot zoned CR in the desirable Richmond / South Tabor 3 or more income streams . It is directly on the Clinton/Woodward Greenway bike route next to Franklin High School in a friendly, tight knit tree-lined residential neighborhood. Only a short walk to parks and nearby Division and Powell restaurant and shopping. The front commercial unit is a charming renovated...PRICE IMPROVEMENT+ NEW Food Truck Income! This rare mixed-used multi unit commercial residential property is on an ample sized 59' by 100' corner lot zoned CR in the desirable Richmond / South Tabor 3 or more income streams . It is directly on the Clinton/Woodward Greenway bike route next to Franklin High School in a friendly, tight knit tree-lined residential neighborhood. Only a short walk to parks and nearby Division and Powell restaurant and shopping. The front commercial unit is a charming renovated retail space (rented) with a 30'L x 7'6"H glass window store frontage and half bath, great for any retail, professional office or food services. The location has good flow of both vehicle and foot traffic. It also comes with a 500+ sq/ft basement storage space with both interior and exterior access. The recently vacated residential unit consists of 2 bedrooms, living and dining rooms, full bath, in-unit washer/dryer and storage space throughout. The covered patio is perfect for hosting a cookout in any weather, and connects to the spacious upper back yard. A newly renovated coffee window or office studio opens to the expansive lower side yard now hosting a food cart for additional income stream. Don't miss the great redevelopment opportunity associated with this property. It's zoned CR 1:1 FAR, which allows multi-units up to 5,900 sq ft. The property is eligible for residential loan. This is a great income and investment asset. Perfect for a live/work, or to use one unit and rent the other. Recent renovations include store interior, patio, landscaping, paint, basement, fence, coffee window/ office and much more. Conceptual design for future development is included. Walk score 89, Transit score 52, Bike Score 98! Businesses are not for sale and the Broker is part owner of the property. Please note 3D walk through is only showing the residential unit.
- Listed by Benjamin Page • Coldwell Banker Bain • 626-390-1806
Property Details for 2914 Southeast 52nd Avenue
Subdivision
RICHMOND SOUTH TABOR
Parking FeaturesOpen
ZoningCR
Parking Total4.00
Location
Listing Courtesy of Coldwell Banker Bain
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LISTING UPDATED: 05/09/2024 03:00 AM
Property Details for 2914 Southeast 52nd Avenue
| Status | Active |
|---|---|
| MLS # | 23347982 |
| Days on Market | 233 |
| Taxes | $2,399 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1915 |
| Lot Size | - |
| County | Multnomah County |
Location
Listing Courtesy of Coldwell Banker Bain
Add your commute
Virtual Tour
Building Information for 2914 Southeast 52nd Avenue
Stories1Residences3Year Built1915Building Size-Lot Size-
Payment Calculator
$4,009 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,809
Property Taxes
$200
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 2914 Southeast 52nd Avenue
Summary
Location and General Information
- Country: US
- Directions: SE 52 ave and Woodword st.
- Road Surface: Paved
School Information
- Elementary School: Atkinson
- High School: Franklin
- Middle Or Junior School: Mt Tabor
Taxes and HOA
- Tax Year: 2022
- Tax Annual Amount: $2,399.47
- Parcel Number: R149327
- Tax Legal Description: EAST CRESTON, BLOCK 24, LOT 7
Virtual Tour
- Video Virtual Tour 1 URL: https://my.matterport.com/show/?m=kzoBSisA8ee&brand=0&mls=1&
Property
Lot Information
- Lot Description: Corner Lot, On Busline, Trees
- 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: Updated Remodeled
- Year Built: 1915
Utilities
- Cooling Description: Window Unit
- Fuel Description: Electricity
- Heating Description: ENERGYSTARQualified Equipment, Wall Heater
- Hot Water Description: Electricity, Gas
- Sewer Description: Public Sewer
- Rent Includes: None
Interior and Exterior Features
Exterior Features
- Exterior Description: Tongueand Groove, Vinyl Siding, Wood Siding
- Roof Type: Tar Gravel
Interior Features
- Basement: Exterior Entry, Partial Basement, Storage Space
- Foundation Details: Concrete Perimeter, Other, Pillar Post Pier
- Stories: 1
Amenities
Amenities Information
- Amenities Neighborhood Features: Tree Lined, School, Closed in
- Amenities DistanceTo Bus Numeric: 0.01 miles
- Amenities DistanceTo Shopping Numeric: 0.50 miles
- Amenities DistanceTo Bike Path Numeric: 2.00 miles
- Amenities DistanceTo Public Park Numeric: 0.10 miles
- Internet Service Type: Cable, DSL
Multi Family
Multi-Family Information
- Number Of Units Total: 3
- Gross Income Actual: $61,800.00
- Gross Income Projected: $67,800.00
- Gross Rent Multiplier: $11.29
- Investor Information: According To Owner, Leases, Rent Records, Tax Returns Available
- Net Income Actual: $56,800.00
- Net Income Projected: 62800
- Operating Expenses Projected: $5,000.00
- Operating Expense: $5,000.00
- Security Features: Security Lights
- Storage: Basement, Locked
- Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
- SqFt Approximate Building Total: 1600
Unit 1 Information
- Unit Type 1 Baths Total: 1
- Unit Type 1 Beds Total: 2
- Unit Type 1 Features: Hardwood Floors, Range, Storage, Washer Dryer
- Unit Type 1 Rent: $1,675
- Unit Type 1 SqFt: 950.0
- Unit Type 1 Units Total: 1
Unit 2 Information
- Unit Type 2 Baths Total: 1
- Unit Type 2 Beds Total: 1
- Unit Type 2 Features: Air Conditioning, Storage, Window Coverings, Wood Floors
- Unit Type 2 Rent: $2,000
- Unit Type 2 SqFt: 650.0
- Unit Type 2 Units Total: 1
Unit 3 Information
- Unit Type 3 Baths Total: 0
- Unit Type 3 Beds Total: 0
- Unit Type 3 Features: Storage
- Unit Type 3 Rent: $1,500
- Unit Type 3 SqFt: 800.0
- Unit Type 3 Units Total: 1
Property History for 2914 Southeast 52nd Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2914 Southeast 52nd Avenue
Taxable ValueLand-Additions-Total-
Tax Record2023$2,452 ($204 / month)
Home Facts
Total Finished SqFt1,546 SqFtAbove Grade Finished SqFt1,546 SqFtUnfinished Basement SqFt550 SqFtStories1Lot Size5,900 SqFtStyleStoresYear Built1915ZoningR5CountyMULTNOMAHAPN1S2E07AB 07100
Schools near 2914 Southeast 52nd 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 | |||
| Public - | PK to 5 |
Rating | School | Distance |
|---|---|---|
Atkinson Elementary School PublicK to 5 | ||
Mt Tabor Middle School Public6 to 8 | ||
Franklin High School Public9 to 12 | ||
Richmond Elementary School PublicPK 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 Coldwell Banker Bain
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