2204 Southeast 12th Avenue

Portland, OR 97214

$715,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Vintage triplex in popular inner SE PDX location just steps to Ladd's Addition & Division/Hawthorne hotspots! Proximity to Powell, MAX, bike routes. Excellent rental history, rarely vacant but easily filled. Charming one & two bedroom units w/ parking & laundry. More than $50K in recent updates: roof, gutters, paint, flooring, sewer, decommissioned oil tank. Great for investor or owner-occupant. Legal triplex, zoned RM2.Vintage triplex in popular inner SE PDX location just steps to Ladd's Addition & Division/Hawthorne hotspots! Proximity to Powell, MAX, bike routes. Excellent rental history, rarely vacant but easily filled. Charming one & two bedroom units w/ parking & laundry. More than $50K in recent updates: roof, gutters, paint, flooring, sewer, decommissioned oil tank. Great for investor or owner-occupant. Legal triplex, zoned RM2.
  1. Listed by Jake Brady • Think Real Estate
  2. Listed by Joe Dressman

Amenities

  • Laundry
  • Parking Included

Location

Listing Courtesy of Think Real Estate

Sold By Living Room Realty

Add your commute
LISTING UPDATED: 01/05/2022 01:13 PM

Property Details for 2204 Southeast 12th Avenue

StatusSold
MLS #21477649
Days on Market6
Taxes$5,761 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1924
Lot Size-
CountyMultnomah County

Location

Listing Courtesy of Think Real Estate

Sold By Living Room Realty

Add your commute

Building Information for 2204 Southeast 12th Avenue

Stories2Residences3Year Built1924Building Size-Lot Size-

Payment Calculator

$4,382 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,902

Property Taxes

$480

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2204 Southeast 12th Avenue

Summary
Location and General Information
  • Area: Portland Southeast
  • Country: US
  • Directions: Division to N on 12th
  • Road Surface: Paved
  • Subdivision: LADD'S ADDITION
Parking
  • Parking Features: Paved
Taxes and HOA Information
  • CC and R Y/N: No
  • FIRPTA Y/N: No
  • Tax Year: 2020
  • Tax Deferral YN: No
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Lot Description: Level
  • Zoning: RM2
Property and Assessments
  • Water Description: Public Water
  • Property Condition: Existing
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Wall Furnace
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Separate Living Quarters/Apartment/Aux Living Unit,Partially Finished
  • Foundation Details: Concrete Perimeter
  • View Y/N: No
Multi Family
Multi-Family Information
  • Gross Income Actual: $49,800
  • Gross Income Projected: $52,290
  • Gross Rent Multiplier: 15
  • Net Income Actual: $36,818
  • Occupancy Types: Leased, Month To Month
  • Operating Expenses Actual: $12,981
  • SqFt Approximate Building Total: 3062
  • Storage: Basement
  • Unit Features: Fireplace, Range, Refrigerator, Storage, Window Coverings
  • Unit Type Type: 1, 2, 3
Unit 1
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Fireplace, Range, Refrigerator
  • Unit Type 1 Rent: $1,545
  • Unit Type 1 SqFt: 1100.0
  • Unit Type 1 Units Total: 1
Unit 2
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Range, Refrigerator, Storage
  • Unit Type 2 Rent: $1,395
  • Unit Type 2 SqFt: 1100.0
  • Unit Type 2 Units Total: 1
Unit 3
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Range, Refrigerator, Window Coverings
  • Unit Type 3 Rent: $1,210
  • Unit Type 3 SqFt: 800.0
  • Unit Type 3 Units Total: 1

Property History for 2204 Southeast 12th 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 2204 Southeast 12th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$6,529 ($544 / month)
Home Facts
Baths2Total Finished SqFt1,972 SqFtAbove Grade Finished SqFt1,972 SqFtUnfinished Basement SqFt480 SqFtStories1Lot Size5,074 SqFtStyleTriplexYear Built1924ZoningR1DCountyMULTNOMAHAPN1S1E02CD 03100Fireplace TypeHas Fireplace

Schools near 2204 Southeast 12th 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 - K to 8
Rating
School
Distance
Abernethy Elementary School
PublicK to 5

Hosford Middle School
Public6 to 8

Cleveland High School
Public9 to 12

Winterhaven School
PublicK to 8

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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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 Think 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: 01/05/2022 01:13 PM