3412-3418 North Commercial Avenue

Portland, OR 97227

$1,800,000
Price
Beds
6,702 Sq. Ft.
$269 / Sq. Ft.
6,702
Sq. Ft.
$269
per Sq. Ft.

Description

Outstanding investment opportunity! Two luxury modern townhouses with ADU's in daylight lower level. Homes feature 3 spacious bedrooms, all with private bathrooms + 4th floor Loft that opens to rooftop deck with outdoor gas fireplace. Floor to ceiling windows. Stunning kitchen with extended island, quartz counters, tile backsplash, high-end SS appliances. Check out the MBR soaking tub with ceiling water fill and oversized walk-in shower in 2nd bathroom.Outstanding investment opportunity! Two luxury modern townhouses with ADU's in daylight lower level. Homes feature 3 spacious bedrooms, all with private bathrooms + 4th floor Loft that opens to rooftop deck with outdoor gas fireplace. Floor to ceiling windows. Stunning kitchen with extended island, quartz counters, tile backsplash, high-end SS appliances. Check out the MBR soaking tub with ceiling water fill and oversized walk-in shower in 2nd bathroom.
  1. Listed by Phyllis Ghazi • MORE Realty • 503-421-2407

Property Details for 3412-3418 North Commercial Avenue

Subdivision
WILLIAMS CORRIDOR
Parking Features
Garage
Zoning
RM2

Location

Listing Courtesy of MORE Realty
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LISTING UPDATED: 04/29/2024 02:47 AM

Property Details for 3412-3418 North Commercial Avenue

StatusActive
MLS #23652196
Days on Market388
Taxes$25,792 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2017
Lot Size-
CountyMultnomah County

Location

Listing Courtesy of MORE Realty
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Building Information for 3412-3418 North Commercial Avenue

Stories-Residences4Year Built2017Building Size-Lot Size-

Payment Calculator

$11,973 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

$2,149

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3412-3418 North Commercial Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Between Fremont & Kerby on Commercial
  • Road Surface: Paved
School Information
  • Elementary School: Boise-Eliot
  • High School: Grant
  • Middle Or Junior School: Harriet Tubman
Taxes and HOA
  • Tax Year: 2022
  • Tax Annual Amount: $25,791.76
  • Parcel Number: R672596
  • Parcel Number 2: R672597
  • Tax Legal Description: PARTITION PLAT 2015-78, LOT 1
Property
Lot Information
  • Lot Description: Level
  • Lot Size Range: Sq Ft0Kto2999
  • Lot Size: 0K to 2,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Year Built: 2017
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Tank, Tankless
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding, Wood Siding
Interior Features
  • Basement: Finished, Separate Living Quarters Apartment Aux Living Unit
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $121,208.00
  • Gross Rent Multiplier: $14.85
  • Investor Information: Leases, Profit Loss Statement, Rent Records, Utility Records Available
  • Net Income Actual: $89,774.00
  • Operating Expense: $31,434.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • SqFt Approximate Building Total: 6702
Unit 1 Information
  • Unit Type 1 Baths Total: 4
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Air Conditioning, Deck, Fireplace, Hardwood Floors
  • Unit Type 1 Rent: $3,995
  • Unit Type 1 SqFt: 2746.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 4
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Air Conditioning, Deck, Fireplace, Hardwood Floors
  • Unit Type 2 Rent: $4,215
  • Unit Type 2 SqFt: 2886.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 0
  • Unit Type 3 Features: Dishwasher, Hardwood Floors, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $1,370
  • Unit Type 3 SqFt: 530.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 0
  • Unit Type 4 Features: Dishwasher, Hardwood Floors, Refrigerator, Washer Dryer
  • Unit Type 4 Rent: $1,370
  • Unit Type 4 SqFt: 540
  • Unit Type 4 UnitsTotal: 1

Schools near 3412-3418 North Commercial Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Boise-Eliot Elementary School
PublicPK to 5

Harriet Tubman Middle School
Public6 to 8

Grant High School
Public9 to 12

Jefferson High School
Public9 to 12

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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3412-3418 North Commercial Avenue is a multi-family home for sale in Portland, OR 97227. This property was listed for sale on April 7, 2023 by MORE Realty, it's currently listed at $1,800,000. This listing's school district is Portland School District 1j. Nearby schools include Boise-Eliot Elementary School, Harriet Tubman Middle School and Grant High School. 3412-3418 North Commercial Avenue is a 0-bed, 0-bath, 6,702 sqft multi-family home built in 2017.

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 MORE Realty

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: 04/29/2024 02:47 AM