5153 Northeast Killingsworth Street
5153 Northeast Killingsworth Street
Portland, OR 97218
$875,000
Price
—
Beds
3,328 Sq. Ft.
$263 / Sq. Ft.
3,328
Sq. Ft.
$263
per Sq. Ft.
Description
Don't miss out on this incredible opportunity for a prime investment property: well-maintained 4-Plex that promises consistent cash flow. Each unit boasts spacious townhouse style 2-bedroom layouts with w/d hookups, attached storage, shared yard, and assigned parking -- ideal for attracting quality tenants and maximizing rental income. Currently owner-managed, this property features newer exterior siding and modern stainless-steel appliances in most units, ensuring renter satisfaction and minimizing...Don't miss out on this incredible opportunity for a prime investment property: well-maintained 4-Plex that promises consistent cash flow. Each unit boasts spacious townhouse style 2-bedroom layouts with w/d hookups, attached storage, shared yard, and assigned parking -- ideal for attracting quality tenants and maximizing rental income. Currently owner-managed, this property features newer exterior siding and modern stainless-steel appliances in most units, ensuring renter satisfaction and minimizing maintenance costs. With solid renters already in place and commanding market-rate rents, this investment is a seamless addition to any portfolio. Convenience is key with off-street parking available and excellent proximity to essential amenities. Situated just steps away from the NE 42nd bus line, local stores, and cafes, tenants enjoy easy access to everyday necessities. Plus, with Fernhill Park, New Seasons, and the iconic Kennedy School McMennamins nearby, tenants have ample recreational and entertainment options at their fingertips. This 4-Plex offers a hassle-free investment opportunity in a sought-after location. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10225971]
- Listed by Vanessa Calvert • Cascade Hasson Sotheby's International Realty
- Listed by Val Thorpe • Cascade Hasson Sotheby's International Realty
Property Details for 5153 Northeast Killingsworth Street
Subdivision
CULLY
Parking FeaturesAssigned
ZoningRM-1
Garage Spaces.00
Parking Total5.00
Location
Listing Courtesy of Cascade Hasson Sotheby's International Realty
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LISTING UPDATED: 03/15/2024 04:18 PM
Property Details for 5153 Northeast Killingsworth Street
| Status | Active |
|---|---|
| MLS # | 24037645 |
| Days on Market | 50 |
| Taxes | $9,598 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1984 |
| Lot Size | 0.21 AC / 9,147 SF |
| County | Multnomah County |
Location
Listing Courtesy of Cascade Hasson Sotheby's International Realty
Add your commute
Building Information for 5153 Northeast Killingsworth Street
Stories2Residences4Year Built1984Building Size-Lot Size0.21 AC / 9,147 SF
Payment Calculator
$5,575 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,775
Property Taxes
$800
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 5153 Northeast Killingsworth Street
Summary
Location and General Information
- Country: US
- Directions: Set back off Killingsworth down private drive. Turn N off of Killingsworth onto 50th Pl towards 5123
- Road Surface: Paved
School Information
- Elementary School: Rigler
- High School: Leodis Mc Daniel
- Middle Or Junior School: Beaumont
Taxes and HOA
- Tax Year: 2023
- Tax Annual Amount: $9,597.57
- Parcel Number: R113608
- Tax Legal Description: BEE'S ADDITION, LOT 4, INC UND 1/4 INT TRACT A
Property
Lot Information
- Acres: 0.21
- Lot Description: Gentle Sloping
- Lot Size Square Feet: 9147.0
- 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: Approximately
- Year Built: 1984
Utilities
- Cooling Description: None
- Fuel Description: Electricity
- Heating Description: Baseboard
- Hot Water Description: Electricity
- Sewer Description: Public Sewer
- Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
- Exterior Description: Cement Siding
- Roof Type: Composition, Shingle
Interior Features
- Basement: Crawl Space
- Foundation Details: Concrete Perimeter
- Stories: 2
Multi Family
Multi-Family Information
- Number Of Units Total: 4
- Gross Income Actual: $69,012.00
- Gross Income Projected: $71,760.00
- Gross Rent Multiplier: $12.68
- Investor Information: According To Owner
- Net Income Actual: $52,232.00
- Operating Expense: $16,780.00
- Security Features: None
- Storage: Attached
- Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
- SqFt Approximate Building Total: 3328
Unit 1 Information
- Unit Type 1 Baths Total: 1
- Unit Type 1 Beds Total: 2
- Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
- Unit Type 1 Rent: $1,495
- 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: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
- Unit Type 2 Rent: $1,270
- 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: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
- Unit Type 3 Rent: $1,495
- Unit Type 3 SqFt: 832.0
- Unit Type 3 Units Total: 1
Unit 4 Information
- Unit Type 4 Baths Total: 1
- Unit Type 4 Beds Total: 2
- Unit Type 4 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
- Unit Type 4 Rent: $1,495
- Unit Type 4 SqFt: 832
- Unit Type 4 UnitsTotal: 1
Schools near 5153 Northeast Killingsworth 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 - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Rigler Elementary School PublicK to 5 | ||
Beaumont Middle School Public6 to 8 | ||
Madison High School Public9 to 12 | ||
Alliance 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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Listing Courtesy of Cascade Hasson Sotheby's International Realty
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