412 South Miles Street

Portland, OR 97219

$1,169,000
Last Sold Price
Beds
2,911 Sq. Ft.
$402 / Sq. Ft.
2,911
Sq. Ft.
$402
per Sq. Ft.

Description

Three John's Landing units with views of Mt. Hood, Downtown Portland & Willamette River. Great investment opportunity for this fantastic multiplex situated in one of Portland's best neighborhoods. Offers 3 units, each has 2 bedrooms, 1 bath, & 2 assigned parking spaces. The area features great access to Willamette Park, Zupan's, Macadam shopping & dining, freeway. Please do not disturb tenants or drive in the parking area. Interior photos are of unit 2 & 3Three John's Landing units with views of Mt. Hood, Downtown Portland & Willamette River. Great investment opportunity for this fantastic multiplex situated in one of Portland's best neighborhoods. Offers 3 units, each has 2 bedrooms, 1 bath, & 2 assigned parking spaces. The area features great access to Willamette Park, Zupan's, Macadam shopping & dining, freeway. Please do not disturb tenants or drive in the parking area. Interior photos are of unit 2 & 3
  1. Listed by Mary Jo Avery • Avery Bunick Luxury Properties • maryjo@averybunickproperties.com

Property Details for 412 South Miles Street

Subdivision
Johns Landing
Parking Features
Assigned
Zoning
R2
View
City, Mountain
Garage Spaces
6.00
Parking Total
6.00

Location

Listing Courtesy of Avery Bunick Luxury Properties

Sold By Windermere Realty Trust

Add your commute
LISTING UPDATED: 02/28/2023 11:14 AM

Property Details for 412 South Miles Street

StatusSold
MLS #22157074
Days on Market119
Taxes$9,167 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1968
Lot Size-
CountyMultnomah County

Location

Listing Courtesy of Avery Bunick Luxury Properties

Sold By Windermere Realty Trust

Add your commute

Building Information for 412 South Miles Street

Stories2Residences3Year Built1968Building Size-Lot Size-

Payment Calculator

$7,144 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,380

Property Taxes

$764

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 412 South Miles Street

Summary
Location and General Information
  • Country: US
  • Directions: Macadam to Nebraska, to Virginia, to Miles
  • Road Surface: Paved
School Information
  • Elementary School: Capitol Hill
  • High School: Ida B Wells
  • Middle Or Junior School: Jackson
Parking
  • Attached Garage: No
Taxes and HOA
  • CC and R Y/N: No
  • FIRPTA: No
  • Tax Year: 2021
  • Tax Deferral: No
  • Tax Annual Amount: $9,167.24
  • Parcel Number: R166824
  • Tax Legal Description: FULTON, BLOCK 16, W 90' OF LOT 7&8
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Lot Description: Cul_de_sac, Gentle Sloping, Secluded
  • 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
  • Property Condition: Updated Remodeled
  • Year Built: 1968
  • Property Attached: No
  • Unreinforced Masonry Bldg: Unknown
Utilities
  • Cooling Description: Heat Exchanger
  • Fuel Description: Electricity
  • Heating Description: Ductless
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Green Features
  • Green Certification: No
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum, Brick
  • Roof Type: Metal
Interior Features
  • Basement: Separate Living Quarters Apartment Aux Living Unit, Unfinished
  • Foundation Details: Concrete Perimeter
  • View Y/N: Yes
  • Stories: 2
  • Cooling: Yes
  • Heating: Yes
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $70,800.00
  • Gross Rent Multiplier: $16.94
  • Investor Information: According To Owner
  • Net Income Actual: $58,323.00
  • Operating Expense: $58,624.00
  • Storage: Attached
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 2911
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Air Conditioning, Dishwasher, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,925
  • Unit Type 1 SqFt: 832.0
  • 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: Air Conditioning, Dishwasher, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $2,000
  • Unit Type 2 SqFt: 832.0
  • 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: Air Conditioning, Dishwasher, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $1,975
  • Unit Type 3 SqFt: 832.0
  • Unit Type 3 Units Total: 1

Schools near 412 South Miles 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 - K to 8
Rating
School
Distance
Capitol Hill Elementary School
PublicK to 5

Jackson Middle School
Public6 to 8

Ida B. Wells-Barnett High School
Public9 to 12

Winterhaven School
PublicK to 8

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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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 Avery Bunick Luxury Properties

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: 02/28/2023 11:14 AM