4642 Southeast Madison Street

Portland, OR 97215

$780,000
Price
7
Beds
4
Baths
1
1/2 Bath
4,289 Sq. Ft.
$182 / Sq. Ft.
4,289
Sq. Ft.
$182
per Sq. Ft.

Description

Fantastic turn key investment property that is fully rented. Low maintenance newer construction craftsman with lower level ADU. An impressive 5.74 cap rate and all in an A+ location, just off of SE Hawthorne Blvd.! Unit A consist of the top 3 floors and boasts 5 bedrooms and 3 1/2 baths. Spacious main floor living with lovely kitchen and eat area that opens to the fenced backyard. Unit B is the 1,085 square foot lower level and is a 2 bed 1 bath. Fully separate water and electricity for both units....Fantastic turn key investment property that is fully rented. Low maintenance newer construction craftsman with lower level ADU. An impressive 5.74 cap rate and all in an A+ location, just off of SE Hawthorne Blvd.! Unit A consist of the top 3 floors and boasts 5 bedrooms and 3 1/2 baths. Spacious main floor living with lovely kitchen and eat area that opens to the fenced backyard. Unit B is the 1,085 square foot lower level and is a 2 bed 1 bath. Fully separate water and electricity for both units. And both fully rented with tenants that would love to stay.
  1. Listed by Kevin Caplener • Windermere Realty Trust
  2. Listed by Gina Hall • Windermere Realty Trust

Property Details for 4642 Southeast Madison Street

Style
Craftsman
Subdivision
SUNNYSIDE / HAWTHORNE
Parking Features
Driveway, Off Street
Zoning
R5
Garage Spaces
.00
Parking Total
.00

Location

Listing Courtesy of Windermere Realty Trust
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LISTING UPDATED: 04/11/2024 01:15 PM

Property Details for 4642 Southeast Madison Street

StatusPending
MLS #24434437
Days on Market41
Taxes$13,482 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2008
Lot Size0.11 AC / 4,791 SF
CountyMultnomah County

Location

Listing Courtesy of Windermere Realty Trust
Add your commute

Building Information for 4642 Southeast Madison Street

Stories4Year Built2008Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$5,380 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,257

Property Taxes

$1,124

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4642 Southeast Madison Street

Summary
Location and General Information
  • Country: US
  • Directions: South of Hawthorne one block
School Information
  • Elementary School: Glencoe
  • High School: Franklin
  • Middle Or Junior School: Mt Tabor
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $13,482.01
  • Parcel Number: R332813
  • Tax Legal Description: SECTION 06 1S 2E, TL 26200 0.11 ACRES
Property
Lot Information
  • Acres: 0.11
  • Lot Description: Level
  • Lot Size Square Feet: 4791.0
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
  • SqFt Source: tax
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 2008
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Electricity, Gas
  • Heating Description: Forced Air90, Wall Heater
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding
  • Exterior Features: Covered Deck, Deck, Fenced, Gas Hookup, Porch, Yard
  • Roof Type: Composition
Interior Features
  • Basement: Exterior Entry, Full Basement, Separate Living Quarters Apartment Aux Living Unit
  • Foundation Details: Concrete Perimeter
  • Window Features: Double Pane Windows, Vinyl Frames
  • Fireplace Description: Gas
  • Fireplaces Total: 1
  • Interior Features: Floor4th, Accessory Dwelling Unit, Ceiling Fan, Granite, Hardwood Floors, Separate Living Quarters Apartment Aux Living Unit, Vaulted Ceiling, Wallto Wall Carpet, Washer Dryer, Wood Floors
  • SqFt Calculated: 2170
  • SqFt Optional Level: Upper
  • SqFt Optional Level Total: 1034
  • SqFt Lower Level Total: 1085
  • SqFt Main Level Total: 1085
  • SqFt Upper Level Total: 1085
  • Bedrooms Total: 7
  • Stories: 4
  • Baths Total: 4.1
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Additional Features: Walkin Closet, Wallto Wall Carpet
Bedroom 2
  • Room Description: _2nd Bedroom
  • 2nd Bedroom Additional Features: Wallto Wall Carpet
Bedroom 3
  • Room Description: _3rd Bedroom
  • 3rd Bedroom Additional Features: Wallto Wall Carpet
Dining Room
  • Room Description: Dining Room
  • Dining Room Features: Hardwood Floors
Family Room
  • Room Description: Family Room
  • Family Room Features: Ceiling Fan
  • Family Room Additional Features: Vaulted Ceiling, Wallto Wall Carpet
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Builtin Oven, Cooktop, Dishwasher, Free Standing Refrigerator, Gas Appliances, Granite, Range Hood, Stainless Steel Appliance
  • Kitchen Room Features: Dishwasher, Eating Area, Hardwood Floors
  • Kitchen Room Additional Features: Builtin Oven, Free Standing Refrigerator, Granite
Living Room
  • Room Description: Living Room
  • Living Room Features: Fireplace, French Doors, Hardwood Floors
Baths
  • Baths Lower Level Full: 1
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 1.0
  • Baths Main Level Full: 0
  • BathsMainLevelPartial: 1
  • Baths Main Level Total: 0.1
  • Bathrooms Full: 4
  • Baths Partial: 1
  • Total Bathrooms: 5
  • Baths Upper Leve lFull: 3
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 3.0
Additional Room 1
  • Additional Room 1 Description: _4th Bedroom
Additional Room 2
  • Additional Room 2 Description: _5th Bedroom
Additional Room 3
  • Additional Room 3 Description: _6th Bedroom
Additional Room 4
  • Additional Room 4 Additional Features: Wallto Wall Carpet
Additional Room 5
  • Additional Room 5 Additional Features: Wallto Wall Carpet
Additional Room 6
  • Additional Room 6 Additional Features: Wallto Wall Carpet
Multi Family
Multi-Family Information
  • SqFt Approximate Building Total: 4289

Schools near 4642 Southeast Madison 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
Glencoe 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 Windermere Realty Trust

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