7140 Southeast Thorburn Street

Portland, OR 97215

$1,295,900
Price
Beds
4,806 Sq. Ft.
$270 / Sq. Ft.
4,806
Sq. Ft.
$270
per Sq. Ft.

Description

Mid Century Flair in sought after Mt Tabor neighborhood! All homes have two car tandem garages. The front unit 7150-A has two additional storage rooms behind the garage. This home and the 7140- A have territorial views and Mt St Helens. New composite roof in 2021. Excellent location, twelve minutes to the Portland airport, close to restaurants and shops with all the local charm of Mt Tabor! Add to your investment portfolio or use vacant unit as owner occupied and you have four tenant occupied units...Mid Century Flair in sought after Mt Tabor neighborhood! All homes have two car tandem garages. The front unit 7150-A has two additional storage rooms behind the garage. This home and the 7140- A have territorial views and Mt St Helens. New composite roof in 2021. Excellent location, twelve minutes to the Portland airport, close to restaurants and shops with all the local charm of Mt Tabor! Add to your investment portfolio or use vacant unit as owner occupied and you have four tenant occupied units for rental income. Included in the sale,tax ids: R169060-multifamily,R169061-land parcel. Please do not disturb tenants, thank you. Tenants are all month to month.
  1. Listed by Carolyn Hoty • Keller Williams Realty Professionals

Property Details for 7140 Southeast Thorburn Street

Subdivision
MT TABOR
Parking Features
Attached, Garage
Zoning
RM1, R5
View
Mountain, Territorial
Garage Spaces
5.00
Parking Total
10.00

Location

Listing Courtesy of Keller Williams Realty Professionals
Add your commute
LISTING UPDATED: 03/22/2024 11:07 PM

Property Details for 7140 Southeast Thorburn Street

StatusActive
MLS #24178938
Days on Market59
Taxes$15,455 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1969
Lot Size0.33 AC / 14,374 SF
CountyMultnomah County

Location

Listing Courtesy of Keller Williams Realty Professionals
Add your commute

Building Information for 7140 Southeast Thorburn Street

Stories1Residences5Year Built1969Building Size-Lot Size0.33 AC / 14,374 SF

Payment Calculator

$8,360 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,072

Property Taxes

$1,288

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7140 Southeast Thorburn Street

Summary
Location and General Information
  • Country: US
  • Directions: E Burnside St to SE Thorburn St
  • 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: $15,454.83
  • Parcel Number: R169060
  • Parcel Number 2: R169061
  • Tax Legal Description: GILMANS SUB, BLOCK 1 TL 10500
Property
Lot Information
  • Acres: 0.33
  • Lot Description: Level, Private, Sloped
  • Lot Size Square Feet: 14374.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1969
Utilities
  • Cooling Description: Wall Unit
  • Fuel Description: Electricity
  • Heating Description: Baseboard, Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding
  • Roof Type: Composition
Interior Features
  • Basement: Exterior Entry, Partially Finished, Storage Space
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • Gross Income Actual: $61,644.00
  • Gross Income Projected: $113,520.00
  • Gross Rent Multiplier: $21.02
  • Investor Information: According To Owner
  • Net Income Actual: $40,289.00
  • Net Income Projected: 92165
  • Operating Expenses Projected: $21,355.00
  • Operating Expense: $21,355.00
  • Storage: Attached, Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5
  • Common Amenities: All Landscaping, Commons
  • SqFt Approximate Building Total: 4806
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Deck, Fireplace, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $0
  • Unit Type 1 SqFt: 1011.0
  • 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: Deck, Fireplace, Hardwood Floors, Washer Dryer
  • Unit Type 2 Rent: $1,656
  • Unit Type 2 SqFt: 994.0
  • 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: Deck, Fireplace, Hardwood Floors, Washer Dryer
  • Unit Type 3 Rent: $945
  • Unit Type 3 SqFt: 1064.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 2
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Dishwasher, Fireplace, Refrigerator, Washer Dryer
  • Unit Type 4 Rent: $1,696
  • Unit Type 4 SqFt: 1078
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Beds Total: 1
  • Unit Type 5 Features: Dishwasher, Fireplace, Refrigerator, Washer Dryer
  • Unit Type 5 Rent: $840
  • Unit Type 5 SqFt: 676.0
  • Unit Type 5 Units Total: 1

Public Records for 7140 Southeast Thorburn Street

Taxable ValueLand-Additions-Total-
Tax Record2020$7 ($1 / month)
Home Facts
Beds0Lot Size427 SqFtStyleResidentialZoningR5CountyMULTNOMAHAPNR169061

Schools near 7140 Southeast Thorburn 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
Charter - K to 5
Rating
School
Distance
Glencoe Elementary School
PublicK to 5

Mt Tabor Middle School
Public6 to 8

Franklin High School
Public9 to 12

Portland Arthur Academy Charter School
CharterK 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

7140 Southeast Thorburn Street is a multi-family home for sale in Portland, OR 97215. This property was listed for sale on February 29, 2024 by Keller Williams Realty Professionals, it's currently listed at $1,295,900. This listing's school district is Portland School District 1j. Nearby schools include Glencoe Elementary School, Mt Tabor Middle School and Franklin High School. 7140 Southeast Thorburn Street is a 0-bed, 0-bath, 4,806 sqft multi-family home built in 1969.

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 Keller Williams Realty Professionals

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: 03/22/2024 11:07 PM