8307 North Fowler Avenue

Portland, OR 97217

$1,150,000
Price
Beds
3,558 Sq. Ft.
$323 / Sq. Ft.
3,558
Sq. Ft.
$323
per Sq. Ft.

Description

Come check out this 5-plex in the desirable neighborhood of Kenton, which offers an exceptional investment opportunity. This property is a smart choice for investors looking for a turnkey opportunity. Each unit features two bedrooms and one bath. Laundry room on site. Off-street parking. Easy access to many amenities, including shops, restaurants, public transportation, and parks. Take advantage of this fantastic opportunity. Please do not disturb tenantsCome check out this 5-plex in the desirable neighborhood of Kenton, which offers an exceptional investment opportunity. This property is a smart choice for investors looking for a turnkey opportunity. Each unit features two bedrooms and one bath. Laundry room on site. Off-street parking. Easy access to many amenities, including shops, restaurants, public transportation, and parks. Take advantage of this fantastic opportunity. Please do not disturb tenants
  1. Listed by Antoine Dean • 24/7 Properties • Stacey@247prop.com

Property Details for 8307 North Fowler Avenue

Subdivision
KENTON
Parking Features
Off Street, Paved
Zoning
R5

Location

Listing Courtesy of 24/7 Properties
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LISTING UPDATED: 04/11/2024 04:02 PM

Property Details for 8307 North Fowler Avenue

StatusActive
MLS #24666049
Days on Market24
Taxes$6,995 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1959
Lot Size0.19 AC / 8,276 SF
CountyMultnomah County

Location

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Add your commute

Building Information for 8307 North Fowler Avenue

Stories1Residences5Year Built1959Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$6,859 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$583

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8307 North Fowler Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Willis > Folwer
  • Road Surface: Concrete, Paved
School Information
  • Elementary School: Peninsula
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $6,994.60
  • Parcel Number: R292709
  • Tax Legal Description: UNIVERSITY PK, BLOCK 152, LOT 10-12
Property
Lot Information
  • Acres: 0.19
  • Lot Size Square Feet: 8276.0
  • 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: Updated Remodeled
  • Year Built: 1959
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Shingle
Interior Features
  • Basement: Crawl Space
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • Gross Income Actual: $93,300.00
  • Gross Income Projected: $93,300.00
  • Gross Rent Multiplier: $12.33
  • Net Income Actual: $69,975.00
  • Net Income Projected: 69975
  • Operating Expenses Projected: $23,325.00
  • Operating Expense: $23,325.00
  • Storage: Attached
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 3558
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Range, Refrigerator, Window Coverings
  • Unit Type 1 Rent: $1,395
  • Unit Type 1 SqFt: 700.0
  • 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: Range, Refrigerator, Window Coverings
  • Unit Type 2 Rent: $1,600
  • Unit Type 2 SqFt: 700.0
  • Unit Type 2 Units Total: 4

Public Records for 8307 North Fowler Avenue

Taxable ValueLand-Additions-Total-
Tax Record2017$5,530 ($461 / month)
Home Facts
Baths5Above Grade Finished SqFt3,558 SqFtStories1Lot Size8,400 SqFtStyleMulti-Family Dwelling (2-4)Year Built1959Year Renovated1959ZoningR5ACountyMULTNOMAHAPNR292709

Schools near 8307 North Fowler 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 - 9 to 12
Rating
School
Distance
Peninsula Elementary School
PublicK to 5

Ockley Green
Public6 to 8

Jefferson High School
Public9 to 12

Roosevelt 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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8307 North Fowler Avenue is a multi-family home for sale in Portland, OR 97217. This property was listed for sale on April 9, 2024 by 24/7 Properties, it's currently listed at $1,150,000. This listing's school district is Portland School District 1j. Nearby schools include Peninsula Elementary School, Ockley Green and Jefferson High School. 8307 North Fowler Avenue is a 0-bed, 0-bath, 3,558 sqft multi-family home built in 1959.

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 24/7 Properties

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