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Listing 18 out of 87
Sold for $775,000 Sold

5717 NE Cleveland Ave
Portland, OR 97211

2 units | Multi Family Home - MLS# 17261656
Property Photo

Sold

Sold for $775,000 on Mar 20, 2018

Description

1907 Craftsman home converted to duplex many years ago. Front unit features front porch entrance, recently updated with new kitchen & baths, refinished original oak hardwoods, new carpet, new stainless appliances, quartz counters, two master suites with walk-in closets, newer windows. Back unit updated 7 years ago. Off-street parking. Walk score 87, bike score 95. Check out this great investment opportunity!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Sold
  • Listing Price: $786,900
  • County/Area: Multnomah County
  • Zip Code: 97211
  • Year Built: 1907
  • Subdivision/Neighborhood: Piedmont
  • Elementary School: Beach
  • Middle School: Ockley Green
  • High School: Jefferson
  • Sq.Ft.: 3,660 sq ft
  • Stories: 2-Story
  • Units: 2 units
  • Basement: Finished, Unfinished
  • Garage: 3-Car
  • Lot Size: 5, 000 To 6, 999 Sqft
  • Zoning: R5
  • Area: Portland Northeast
  • Exterior: Wood
  • Fuel: Gas
  • Gross Income Actual: 47775
  • Gross Income Projected: 47775
  • Gross Rent Multiplier: 16.47
  • Heating: Forced Air
  • Hot Water: Gas
  • Limited Representation: Full Service
  • Lot: Level
  • Net Income Actual: 37847
  • Net Income Projected: 37847
  • Occupancy Types: Month To Month
  • Operating Expenses Actual: 9928
  • Operating Expenses Projected: 9928
  • Parking: Paved
  • Roof Type: Composition
  • School High2: Roosevelt
  • Selling Agent: ARAKELIA
  • Selling Office: Re/Max Equity Group
  • Sewer: Public
  • Storage: Basement
  • Tax Amount: 4127.16
  • Terms: Cash, Conventional
  • Unit Features: Built-In Dishwasher, Range, Washer/Dryer, Window Coverings
  • Unit Type 1 Baths Total: 3
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Built-In Dishwasher, Range, Washer/Dryer, Window Coverings
  • Unit Type 1 Sq Ft: 2217
  • Unit Type 1 Units Total: 1
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Built-In Dishwasher, Range, Washer/Dryer, Window Coverings
  • Unit Type 2 Sq Ft: 1443
  • Unit Type 2 Units Total: 1
  • Utilities Included: Sewer, Water
  • Water: Public
  • Year Built Info: Approximately
  • Sold Date: 2018-03-20 00:00:00
  • Sold Price: 775000
Courtesy of Premiere Property Group, Llc

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Jim Lutz

Jim Lutz, CCIM
Oregon Principal Broker
Premiere Property Group, LLC
Beaverton, OR 97006

503-750-6388
Contact Me

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Jim Lutz | 
503-750-6388 | Contact Me

1500 NW Bethany Blvd #190 - Beaverton, OR 97006
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