Bought with Where, Inc.
$740,000
$780,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
4642 SE MADISON ST Portland, OR 97215
4,292 SqFt
Key Details
Sold Price $740,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,292 sqft
Price per Sqft $172
Subdivision Sunnyside / Hawthorne
MLS Listing ID 24313154
Sold Date 05/21/24
Year Built 2008
Annual Tax Amount $13,482
Tax Year 2023
Lot Size 4,791 Sqft
Property Description
Fantastic turn key investment property. Low maintenance newer construction craftsman plus an impressive 5.74 cap rate and all in an A+ location, just off of SE Hawthorne Blvd.! Unit A consist of the top 3 floors and boasts 5 bedrooms and 3 1/2 baths. Spacious main floor living with lovely kitchen and eat area that opens to the fenced backyard. Unit B is the 1,085 square foot lower level and is a 2 bed 1 bath. Fully separate water and electricity for both units. And both fully rented with tenants that would love to stay.
Location
State OR
County Multnomah
Area _143
Zoning R5
Rooms
Basement Exterior Entry, Finished, Separate Living Quarters Apartment Aux Living Unit
Interior
Heating Forced Air90
Cooling Central Air
Exterior
Roof Type Composition
Parking Type Driveway, Off Street
Garage No
Building
Lot Description Level
Story 4
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 4
Schools
Elementary Schools Glencoe
Middle Schools Mt Tabor
High Schools Franklin
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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