8325 8329 SE DIVISION ST

Portland, OR 97266
Square Ft.
4,500
$1,050,000
So many possibilities with this property. Currently has 1431sq ft office/retail space at street level located in first building along with 2 rented apartment units above. Property also offers roughly 1000 sq ft of basement space. 2nd building has 2 rented apartment units with a small basement. Property is aRead MoreRead Less
Listing courtesy of Elite Realty & Associates LLC.
Listing Snapshot
Days Online
1
Last Updated
Square Ft.
4,500
Year Built
1955
MLS Number
478443807
30 Days Snapshot Of 97266
$470k
+8%
(avg) sold price
14
-33%
homes sold
85
+57%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: Unfinished
Building
Building Area Total: 4500, Built in 1955, Storage: Basement, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
Community
Community Features: Laundry
Expenses
Operating Expense: $10,300
Exterior Features
Exterior Description: WoodSiding
Heating
Heating: ForcedAir, WallHeater
Income
CAP Rate: 3.93, Gross Income: $51,521, Gross Rent Multiplier: 20.38, Gross Scheduled Income: $81,521, Net Operating Income: $41,221
Lot
Features: Level, Size Range: SqFt5000to6999, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: Incomplete, RentRecords
Parking
Features: OffStreet, 6 total parking spots
Property
Number Of Units Total: 7, Property Condition: Fixer, Zoning: CM2
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $5,456, Legal Description, Tax Year: 2024
Unit One
Area: 1431, Units Total: 1, 2 total bathrooms
Unit Two
Actual Rent: $975, Area: 507, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $1,291, Area: 507, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Four
Actual Rent: $1,170, Area: 773, Units Total: 3, 1 total bathroom, 2 total bedroom
Unit Five
Actual Rent: $1,183, Area: 504, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
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Martina Childers
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