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Listing 19 out of 101
$2,500,000 For Sale

335 SE 16th Ave
Portland, OR 97214

10 units | Multi Family Home - MLS# 17648661
Property Photo
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Description

Prime Buckman neighborhood! Close to restaurants, shops, boutiques. Walk score 100, transit score 95, & bike score of 98! Eight 1 bedroom, 1 bath & two studios, sized 325-700 sf. 1740 sf basement, laundry room & storage + space to create individual units. Apts lovingly restored, most w/ granite or tile, newer appliances, refinished original wood floors. High quality, the original vintage charm maintained! Possible development potential

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Listing Price: $2,500,000
  • County/Area: Multnomah County
  • Zip Code: 97214
  • Year Built: 1922
  • Subdivision/Neighborhood: Buckman
  • Elementary School: Buckman
  • Middle School: Hosford
  • High School: Cleveland
  • Sq.Ft.: 8,500 sq ft
  • Stories: 2-Story
  • Units: 10 units
  • Basement: Partial Basement
  • Lot Size: 10, 000 To 14, 999 Sqft
  • Zoning: R1
  • Area: Portland Southeast
  • Common Amenities: Laundry
  • Exterior: Stucco
  • Fuel: Gas
  • Gross Income Actual: 128964
  • Gross Income Projected: 156420
  • Gross Rent Multiplier: 19.39
  • Heating: Radiant Heat
  • Hot Water: Gas
  • Limited Representation: Full Service
  • Lot: Corner, Level, Gentle Sloping
  • Net Income Actual: 100284
  • Net Income Projected: 127740
  • Occupancy Types: Leased, Month To Month
  • Operating Expenses Actual: 28680
  • Operating Expenses Projected: 28680
  • Sewer: Public
  • Storage: Basement
  • Tax Amount: 10110.27
  • Unit Features: Range, Refrigerator, Wood Floors
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Range, Refrigerator, Wood Floors
  • Unit Type 1 Units Total: 8
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Features: Range, Refrigerator, Wood Floors
  • Unit Type 2 Units Total: 2
  • Utilities Included: Garbage, Heat, Sewer, Water
  • Water: Public
  • Year Built Info: Existing
Courtesy of Living Room Realty

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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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