5527 North Greeley Avenue

Portland, OR 97217

$545,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Now accepting back up offers. Fully leased duplex with excess land on medium density R1 zoning, potential higher density zoning to RM2 in early 2020 (see attachment). Partially finished, separate entrance basement can potentially be a third unit. Many recent improvements include newer roof, gas furnace and sewer line. Extremely desirable location within walking distance to restaurants, bars, the MAX line, bus, grocery and a bike score of 96.Now accepting back up offers. Fully leased duplex with excess land on medium density R1 zoning, potential higher density zoning to RM2 in early 2020 (see attachment). Partially finished, separate entrance basement can potentially be a third unit. Many recent improvements include newer roof, gas furnace and sewer line. Extremely desirable location within walking distance to restaurants, bars, the MAX line, bus, grocery and a bike score of 96.
  1. Listed by Nick Krautter, P.C.. • City and State Real Estate
  2. Listed by Jordan Fezler

Amenities

  • Basement
  • Parking Included

Location

Listing Courtesy of City and State Real Estate

Sold By City and State Real Estate

Add your commute
LISTING UPDATED: 12/15/2020 04:26 PM

Property Details for 5527 North Greeley Avenue

StatusSold
MLS #19108518
Days on Market129
Taxes$3,336 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1909
Lot Size-
CountyMultnomah County

Location

Listing Courtesy of City and State Real Estate

Sold By City and State Real Estate

Add your commute

Building Information for 5527 North Greeley Avenue

Stories2Residences2Year Built1909Building Size-Lot Size-

Payment Calculator

$3,252 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,974

Property Taxes

$278

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5527 North Greeley Avenue

Summary
Location and General Information
  • Area: Portland North
  • Country: US
  • Directions: Greeley & Killingsworth
  • Subdivision: OVERLOOK
Parking
  • Parking Features: Open,Paved
Taxes and HOA Information
  • FIRPTA Y/N: No
  • Tax Year: 2019
  • Tax Deferral YN: No
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Lot Description: On Busline, Level
  • Zoning: R1
Property and Assessments
  • Water Description: Public
Utilities
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Tank
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Full Basement,Storage Space
  • View Y/N: No
Multi Family
Multi-Family Information
  • Common Amenities: Laundry
  • Gross Income Actual: $31,500
  • Gross Income Projected: $43,650
  • Gross Rent Multiplier: 18
  • Investor Information: According To Owner
  • Net Income Actual: $26,500
  • Net Income Projected: $30,555
  • Occupancy Types: Leased, Month To Month
  • Operating Expenses Actual: $5,353
  • Operating Expenses Projected: $12,000
  • SqFt Approximate Building Total: 2728
  • Storage: Basement
  • Unit Features: Dishwasher, Hardwood Floors, Refrigerator, Storage, Washer/Dryer Hookup
  • Unit Type Type: 1, 2
Unit 1
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Dishwasher, Hardwood Floors, Refrigerator, Storage
  • Unit Type 1 Rent: $1,500
  • Unit Type 1 SqFt: 1000.0
  • Unit Type 1 Units Total: 1
Unit 2
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Dishwasher, Refrigerator, Storage, Washer/Dryer Hookup
  • Unit Type 2 Rent: $1,125
  • Unit Type 2 SqFt: 730.0
  • Unit Type 2 Units Total: 1

Property History for 5527 North Greeley 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 5527 North Greeley Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$55,017 ($4,585 / month)
Home Facts
Baths2Total Finished SqFt473 SqFtAbove Grade Finished SqFt473 SqFtStories2Lot Size10,000 SqFtStyleMulti-Family Res (5+ Units)Year Built2022ZoningR1CountyMULTNOMAHAPN1N1E16CD 13800

Schools near 5527 North Greeley 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
Beach Elementary School
PublicPK to 5

Ockley Green
Public6 to 8

Roosevelt 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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Listing Courtesy of City and State Real Estate

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: 12/15/2020 04:26 PM