532 Southeast 52nd Avenue

Portland, OR 97215

$899,000
Price
Beds
4,490 Sq. Ft.
$200 / Sq. Ft.
4,490
Sq. Ft.
$200
per Sq. Ft.

Description

Gorgeous mid-century brick Quad-Plex! This 1951 bricker oozes with character including hardwood floors, arched entries, coved ceilings, wood-burning fireplaces and bright oversized windows. The grand main-level unit is a very generous 2-Bedroom with spacious kitchen and massive rooms, updated high-eff furnace & A/C. The top floor 1-Bedroom is 862sf and features an open floorplan throughout DR/LR/Kitchen. Includes oak hardwoods, mini split with A/C and insulation upgrades. The lower level was built...Gorgeous mid-century brick Quad-Plex! This 1951 bricker oozes with character including hardwood floors, arched entries, coved ceilings, wood-burning fireplaces and bright oversized windows. The grand main-level unit is a very generous 2-Bedroom with spacious kitchen and massive rooms, updated high-eff furnace & A/C. The top floor 1-Bedroom is 862sf and features an open floorplan throughout DR/LR/Kitchen. Includes oak hardwoods, mini split with A/C and insulation upgrades. The lower level was built out in 2021 and features sleek, refined finishes mixed with large windows and lots of light. The lower level includes a 2-Bedroom unit with fireplace, polished concrete floors and custom tile. The lower level 1-Bedroom unit lives large with double closets and open floorplan. Soundproofing added to lower level ceiling & walls for privacy. Amenities for all units include; shared back patio, (2) shared Washer/Dryer units, (4) bike lockers, (3) electric car charging stations and a dedicated off-street parking spot per unit. Don't miss out on this great investment opportunity in the coveted Mount Tabor neighborhood!
  1. Listed by Brian Spear • JMA Properties LLC
  2. Listed by Brian Porter • JMA Properties LLC

Property Details for 532 Southeast 52nd Avenue

Subdivision
MT TABOR
Parking Features
Assigned, Off Street
Zoning
R5
Parking Total
4.00

Location

Listing Courtesy of JMA Properties LLC
Add your commute
LISTING UPDATED: 04/04/2024 11:11 AM

Property Details for 532 Southeast 52nd Avenue

StatusActive
MLS #24555307
Days on Market64
Taxes$8,759 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1951
Lot Size0.11 AC / 4,791 SF
CountyMultnomah County

Location

Listing Courtesy of JMA Properties LLC
Add your commute

Building Information for 532 Southeast 52nd Avenue

Stories3Residences4Year Built1951Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$5,636 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,906

Property Taxes

$730

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 532 Southeast 52nd Avenue

Summary
Location and General Information
  • Country: US
  • Directions: From SE Stark, south on SE 52nd Avenue
  • Road Surface: Paved
School Information
  • Elementary School: Glencoe
  • High School: Franklin
  • Middle Or Junior School: Mt Tabor
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $8,759.14
  • Parcel Number: R233370
  • Tax Legal Description: PARADISE PK ADD, LOT 13
Property
Lot Information
  • Acres: 0.11
  • Lot Description: Level
  • Lot Size Square Feet: 4791.0
  • Lot Size Dimension: 55 x 88
  • 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: Existing
  • Year Built: 1951
Utilities
  • Cooling Description: Central Air, Mini Split
  • Fuel Description: Electricity, Gas
  • Heating Description: Forced Air90, Mini Split, Radiant
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick
  • Roof Type: Composition
Interior Features
  • Basement: Exterior Entry, Full Basement, Separate Living Quarters Apartment Aux Living Unit
  • Foundation Details: Concrete Perimeter
  • Stories: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $88,451.00
  • Gross Income Projected: $88,968.00
  • Gross Rent Multiplier: $10.16
  • Investor Information: According To Owner, Leases
  • Net Income Actual: $65,079.00
  • Net Income Projected: 64895
  • Operating Expenses Projected: $24,073.00
  • Operating Expense: $23,372.00
  • Storage: Individual Storage Units, Locked
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • Common Amenities: Commons, Laundry
  • SqFt Approximate Building Total: 4490
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Air Conditioning, Dishwasher, Fireplace, Hardwood Floors
  • Unit Type 1 Rent: $2,450
  • Unit Type 1 SqFt: 1811.0
  • 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: Air Conditioning, Dishwasher, Hardwood Floors, Range
  • Unit Type 2 Rent: $1,870
  • Unit Type 2 SqFt: 862.0
  • 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, Fireplace, Refrigerator
  • Unit Type 3 Rent: $1,734
  • Unit Type 3 SqFt: 949.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Features: Air Conditioning, Dishwasher, Range, Refrigerator
  • Unit Type 4 Rent: $1,360
  • Unit Type 4 SqFt: 601
  • Unit Type 4 UnitsTotal: 1

Property History for 532 Southeast 52nd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 532 Southeast 52nd Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$8,759 ($730 / month)
Home Facts
Baths2.5Total Finished SqFt2,640 SqFtAbove Grade Finished SqFt2,640 SqFtUnfinished Basement SqFt1,824 SqFtStories1Lot Size4,840 SqFtStyleDuplexYear Built1951ZoningR5CountyMULTNOMAHAPN1S2E06AB 16600Fireplace TypeHas Fireplace

Schools near 532 Southeast 52nd Avenue

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.

Similar Homes

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532 Southeast 52nd Avenue is a multi-family home for sale in Portland, OR 97215. This property was listed for sale on February 29, 2024 by JMA Properties LLC, it's currently listed at $899,000. It has been on the market for a total of 64 days and was last sold on June 13, 2017. This listing's school district is Portland School District 1j. Nearby schools include Glencoe Elementary School, Mt Tabor Middle School and Franklin High School. 532 Southeast 52nd Avenue is a 0-bed, 0-bath, 4,490 sqft multi-family home built in 1951.

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 JMA Properties LLC

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: 04/04/2024 11:11 AM