3757 Southeast Clay Street

Portland, OR 97214

$4,199,950
Price
Beds
8,987 Sq. Ft.
$467 / Sq. Ft.
8,987
Sq. Ft.
$467
per Sq. Ft.

Description

100% Leased - Seller incentive if sold within 45 days from 4/1. 37Clay is a Beautifully designed modern 15 unit complex located in the heart of Hawthorn BLVD. Built with a high attention to detail and well thought out floor plans. This asset offers 13 - 1 bed / 1 bth units and 2 - 2 bed, 2 bth units. Each unit features custom cabinetry, stainless appliances, in-unit W/D, and bike storage.100% Leased - Seller incentive if sold within 45 days from 4/1. 37Clay is a Beautifully designed modern 15 unit complex located in the heart of Hawthorn BLVD. Built with a high attention to detail and well thought out floor plans. This asset offers 13 - 1 bed / 1 bth units and 2 - 2 bed, 2 bth units. Each unit features custom cabinetry, stainless appliances, in-unit W/D, and bike storage.
  1. Listed by Michael Smira • John L. Scott NE Portland • neportland@johnlscott.com
  2. Listed by Danny Sommers • John L. Scott Portland Central

Property Details for 3757 Southeast Clay Street

Parking Features
None
Zoning
CM2
Parking Total
.00

Location

Listing Courtesy of John L. Scott NE Portland; John L. Scott Portland Central
Add your commute
LISTING UPDATED: 04/12/2024 12:15 PM

Property Details for 3757 Southeast Clay Street

StatusActive
MLS #23219771
Days on Market295
Taxes$8,914 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2023
Lot Size-
CountyMultnomah County

Location

Listing Courtesy of John L. Scott NE Portland; John L. Scott Portland Central
Add your commute

Building Information for 3757 Southeast Clay Street

Stories3Residences15Year Built2023Building Size-Lot Size-

Payment Calculator

$23,664 per month

30 year fixed, 7.25% Interest

Principal and Interest

$22,921

Property Taxes

$743

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3757 Southeast Clay Street

Summary
Location and General Information
  • Country: US
  • Directions: E on SE Clay St from SE 37th Ave
  • Road Surface: Paved
School Information
  • Elementary School: Abernethy
  • High School: Cleveland
  • Middle Or Junior School: Hosford
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $8,913.63
  • Parcel Number: R157065
  • Tax Legal Description: ELSMERE, BLOCK 1, LOT 7 EXC PT IN ST
Virtual Tour
Property
Lot Information
  • Lot Description: Level
  • 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: New Construction
  • Year Built: 2023
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Other, Wood Composite
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Slab
  • Stories: 3
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 15
  • Gross Income Actual: $266,568.00
  • Gross Rent Multiplier: $15.76
  • Investor Information: Leases, Rent Records
  • Net Income Actual: $237,505.00
  • Operating Expense: $237,505.00
  • Security Features: None
  • Storage: None
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6, Unit Type Type7, Unit Type Type8
  • SqFt Approximate Building Total: 8987
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Dishwasher, Disposal, Range, Refrigerator
  • Unit Type 1 Rent: $1,442
  • Unit Type 1 SqFt: 540.0
  • 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: Dishwasher, Disposal, Unfurnished, Washer Dryer Hookup
  • Unit Type 2 Rent: $1,574
  • Unit Type 2 SqFt: 560.0
  • Unit Type 2 Units Total: 4
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Dishwasher, Disposal, Refrigerator, Washer Dryer Hookup
  • Unit Type 3 Rent: $1,618
  • Unit Type 3 SqFt: 560.0
  • Unit Type 3 Units Total: 2
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Features: Dishwasher, Disposal, Refrigerator, Washer Dryer Hookup
  • Unit Type 4 Rent: $1,568
  • Unit Type 4 SqFt: 560
  • Unit Type 4 UnitsTotal: 2
Unit 5 Information
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Beds Total: 1
  • Unit Type 5 Features: Dishwasher, Disposal, Refrigerator, Washer Dryer Hookup
  • Unit Type 5 Rent: $1,524
  • Unit Type 5 SqFt: 550.0
  • Unit Type 5 Units Total: 1
Unit 6 Information
  • Unit Type 6 Baths Total: 1
  • Unit Type 6 Beds Total: 1
  • Unit Type 6 Features: Dishwasher, Disposal, Refrigerator, Washer Dryer Hookup
  • Unit Type 6 Rent: $1,680
  • Unit Type 6 SqFt: 560.0
  • Unit Type 6 Units Total: 1
Unit 7 Information
  • Unit Type 7 Baths Total: 1
  • Unit Type 7 Beds Total: 1
  • Unit Type 7 Features: Dishwasher, Disposal, Refrigerator, Washer Dryer Hookup
  • Unit Type 7 Rent: $1,736
  • Unit Type 7 SqFt: 560
  • Unit Type 7 Units Total: 2
Unit 8 Information
  • Unit Type 8 Baths Total: 2
  • Unit Type 8 Beds Total: 2
  • Unit Type 8 Features: Dishwasher, Disposal, Refrigerator, Washer Dryer Hookup
  • Unit Type 8 Rent: $2,496
  • Unit Type 8 SqFt: 780.0
  • Unit Type 8 Units Total: 2

Property History for 3757 Southeast Clay Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3757 Southeast Clay Street

Taxable ValueLand-Additions-Total-
Tax Record2023$8,914 ($743 / month)
Home Facts
Baths2.5Total Finished SqFt8,967 SqFtAbove Grade Finished SqFt8,967 SqFtUnfinished Basement SqFt800 SqFtStories2Lot Size4,350 SqFtStyleMulti-Family Res (5+ Units)Year Built2023ZoningCSCountyMULTNOMAHAPN1S1E01DA 12700

Schools near 3757 Southeast Clay Street

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
Abernethy Elementary School
PublicK to 5

Hosford Middle School
Public6 to 8

Cleveland 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.

Similar Homes

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3757 Southeast Clay Street is a multi-family home for sale in Portland, OR 97214. This property was listed for sale on July 14, 2023 by John L. Scott NE Portland, it's currently listed at $4,199,950. It has been on the market for a total of 295 days and was last sold on December 21, 2018. This listing's school district is Portland School District 1j. Nearby schools include Abernethy Elementary School, Hosford Middle School and Cleveland High School. 3757 Southeast Clay Street is a 0-bed, 0-bath, 8,987 sqft multi-family home built in 2023.

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 NE Portland; John L. Scott Portland Central

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: 04/12/2024 12:15 PM