4328 North Albina Avenue

Portland, OR 97217

$1,075,000
Price
Beds
3,014 Sq. Ft.
$357 / Sq. Ft.
3,014
Sq. Ft.
$357
per Sq. Ft.

Description

Fantastic side by side town house style duplex two blocks from the Mississippi Ave hub! Perfect owner occupant opportunity, as tenant with the garage will vacate end of June. Each unit features an open concept kitchen, SS appliances, granite counter tops, private fenced backyards, laundry rooms, with a half bath on the main and 2 full baths on the second level. One unit has a garage while the other has an additional finished 4th bedroom. With a 5.93% cap rate and great market rents, this one won't...Fantastic side by side town house style duplex two blocks from the Mississippi Ave hub! Perfect owner occupant opportunity, as tenant with the garage will vacate end of June. Each unit features an open concept kitchen, SS appliances, granite counter tops, private fenced backyards, laundry rooms, with a half bath on the main and 2 full baths on the second level. One unit has a garage while the other has an additional finished 4th bedroom. With a 5.93% cap rate and great market rents, this one won't last long! [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10226413]
  1. Listed by Melissa Dorman • Living Room Realty

Property Details for 4328 North Albina Avenue

Subdivision
HUMBOLDT
Parking Features
Driveway, Garage
Zoning
R2.5
Garage Spaces
1.00
Parking Total
.00

Location

Listing Courtesy of Living Room Realty
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LISTING UPDATED: 04/29/2024 03:09 PM

Property Details for 4328 North Albina Avenue

StatusActive
MLS #24580787
Days on Market27
Taxes$11,903 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2009
Lot Size0.12 AC / 5,227 SF
CountyMultnomah County

Location

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Building Information for 4328 North Albina Avenue

Stories2Residences2Year Built2009Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$6,859 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,867

Property Taxes

$992

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4328 North Albina Avenue

Summary
Location and General Information
  • Country: US
  • Directions: PRESCOTT TO N. ALBINA
School Information
  • Elementary School: Boise-Eliot
  • High School: Jefferson
  • Middle Or Junior School: Harriet Tubman
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $11,903.48
  • Parcel Number: R130915
  • Tax Legal Description: CENTRAL ALBINA, BLOCK 6, LOT 9
Property
Lot Information
  • Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • 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
  • Year Built: 2009
Utilities
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding, Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $79,800.00
  • Gross Income Projected: $87,700.00
  • Gross Rent Multiplier: $13.47
  • Investor Information: According To Owner, Leases
  • Net Income Actual: $65,197.00
  • Net Income Projected: 72740
  • Operating Expenses Projected: $14,961.00
  • Operating Expense: $14,603.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 3014
Unit 1 Information
  • Unit Type 1 Baths Total: 3
  • Unit Type 1 Beds Total: 4
  • Unit Type 1 Features: Dishwasher, Fireplace, Range, Refrigerator
  • Unit Type 1 Rent: $3,350
  • Unit Type 1 SqFt: 1507.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 3
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Dishwasher, Fireplace, Range, Refrigerator
  • Unit Type 2 Rent: $3,300
  • Unit Type 2 SqFt: 1507.0
  • Unit Type 2 Units Total: 1

Schools near 4328 North Albina 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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4328 North Albina Avenue is a multi-family home for sale in Portland, OR 97217. This property was listed for sale on April 4, 2024 by Living Room Realty, it's currently listed at $1,075,000. 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. 4328 North Albina Avenue is a 0-bed, 0-bath, 3,014 sqft multi-family home built in 2009.

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 Living Room Realty

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