7454 North Haven Avenue
7454 North Haven Avenue
Portland, OR 97203
$699,000
Price
—
Beds
2,663 Sq. Ft.
$262 / Sq. Ft.
2,663
Sq. Ft.
$262
per Sq. Ft.
Virtual Tour
Virtual Tour
Description
Investor's Dream in University Park: This duplex offers an exceptional opportunity for savvy investors. With two distinct units - a 2-bedroom, 1-bath and a 3-bedroom, 1-bath - this property maximizes rental potential. In addition, there is 816 sq. ft. of unfinished basement for extra storage plus the R2.5 zoning allows for potential conversion of 520sq.ft garage to an additional unit/ADU. Each unit boasts modern amenities including stainless steel appliances, hardwood floors, and in-unit washer and...Investor's Dream in University Park: This duplex offers an exceptional opportunity for savvy investors. With two distinct units - a 2-bedroom, 1-bath and a 3-bedroom, 1-bath - this property maximizes rental potential. In addition, there is 816 sq. ft. of unfinished basement for extra storage plus the R2.5 zoning allows for potential conversion of 520sq.ft garage to an additional unit/ADU. Each unit boasts modern amenities including stainless steel appliances, hardwood floors, and in-unit washer and dryer, ensuring high tenant satisfaction and premium rental rates. Strategic Design: Featuring private entrances and tall ceilings, tenants enjoy a sense of exclusivity and space. The covered porch provides an inviting outdoor area, while the garden and patio offer additional relaxation spots. Investors can leverage the unfinished basement for extra storage or as an added amenity for tenants. Potential for Expansion: The large garage space presents a unique opportunity to convert into a third rental unit, further increasing rental income potential. With the ability to accommodate multiple vehicles or serve as a workshop/storage area, this space offers flexibility for various investment strategies. Prime Location: Situated in University Park, this property is in a highly desirable rental market, attracting tenants seeking proximity to amenities & employment opportunities. Investors can capitalize on the consistent demand for housing in this area, ensuring stable occupancy rates and strong rental yields. Don't miss out on this lucrative investment opportunity! With its strategic design, prime location, and potential for expansion, this duplex offers a pathway to long-term financial growth in the lucrative rental market
- Listed by Tanya Smith • Redfin
Property Details for 7454 North Haven Avenue
Subdivision
UNIVERSITY PARK
Parking FeaturesOn Street
ZoningR2.5
Location
Listing Courtesy of Redfin
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LISTING UPDATED: 04/16/2024 01:00 PM
Property Details for 7454 North Haven Avenue
| Status | Active |
|---|---|
| MLS # | 24112823 |
| Days on Market | 16 |
| Taxes | $6,002 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1906 |
| Lot Size | 0.12 AC / 5,227 SF |
| County | Multnomah County |
Location
Listing Courtesy of Redfin
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Virtual Tour
Building Information for 7454 North Haven Avenue
Stories2Residences2Year Built1906Building Size-Lot Size0.12 AC / 5,227 SF
Payment Calculator
$4,315 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,815
Property Taxes
$500
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 7454 North Haven Avenue
Summary
Location and General Information
- Country: US
- Directions: N. Lombard St. to N. Haven Ave.
- Road Surface: Paved
School Information
- Elementary School: Astor
- High School: Roosevelt
- Middle Or Junior School: Astor
Taxes and HOA
- Tax Year: 2023
- Tax Annual Amount: $6,002.49
- Parcel Number: R292138
- Tax Legal Description: UNIVERSITY PK, BLOCK 71, NELY 1/2 OF LOT 29, LOT 30
Virtual Tour
- Video Virtual Tour 1 URL: https://my.matterport.com/show/?m=PrQKmfzd6eG&brand=0
- Video Virtual Tour 2 URL: https://my.matterport.com/show/?m=oGFZafuVepu&brand=0
Property
Lot Information
- Acres: 0.12
- Lot Description: Trees
- Lot Size Square Feet: 5227.0
- Lot Size Range: Sq Ft5000to6999
- Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
- Property Type: Multi Family
- Water Description: Public Water
- Property Condition: Updated Remodeled
- Year Built: 1906
Utilities
- Cooling Description: Window Unit
- Fuel Description: Gas
- Heating Description: Forced Air
- Hot Water Description: Gas
- Sewer Description: Public Sewer
- Rent Includes: Electricity, Gas, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
- Exterior Description: Shake Siding, Wood Siding
- Roof Type: Composition
Interior Features
- Basement: Storage Space, Unfinished
- Stories: 2
Multi Family
Multi-Family Information
- Number Of Units Total: 2
- Gross Income Actual: $46,144.00
- Gross Rent Multiplier: $15.15
- Net Income Actual: $10,703.00
- Operating Expense: $35,441.00
- Storage: Basement, Garage
- Unit Type Type: Unit Type Type1, Unit Type Type2
- SqFt Approximate Building Total: 2663
Unit 1 Information
- Unit Type 1 Baths Total: 1
- Unit Type 1 Beds Total: 2
- Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer
- Unit Type 1 Rent: $1,700
- Unit Type 1 SqFt: 800.0
- Unit Type 1 Units Total: 1
Unit 2 Information
- Unit Type 2 Baths Total: 1
- Unit Type 2 Beds Total: 3
- Unit Type 2 Features: Dishwasher, Range, Refrigerator, Washer Dryer
- Unit Type 2 Rent: $2,250
- Unit Type 2 SqFt: 1300.0
- Unit Type 2 Units Total: 1
Property History for 7454 North Haven Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7454 North Haven Avenue
Taxable ValueLand-Additions-Total-
Tax Record2023$6,002 ($500 / month)
Home Facts
Baths2Total Finished SqFt1,847 SqFtAbove Grade Finished SqFt1,847 SqFtUnfinished Basement SqFt816 SqFtStories2Lot Size5,000 SqFtStyleDuplexYear Built1906ZoningR2.5CountyMULTNOMAHAPN1N1E08CC 05000
Schools near 7454 North Haven Avenue
This home is within Portland School District 1j.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 8 | |||
| Charter - | K to 5 |
Rating | School | Distance |
|---|---|---|
Astor Elementary School PublicK to 8 | ||
Roosevelt High School Public9 to 12 | ||
Portland Village School CharterK to 8 | ||
Kairos PDX 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.
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