$949,000
- Beds
- 9
- sq ft
- 4,516
2431 SE 141st Ave, Portland, OR 97233
2431 SE 141st Ave
Portland, OR 97233
- 143 days on market
- Price drop $1,000↓
Projected CAP Rate for 2024 is 5.63% Excellent opportunity for investor or owner occupied investor. This well built 1998 4Plex has been meticulously maintained for years. Unit #1 is located (eastside) above the 3 garages with additional assigned parking for each unit. Units #2 and #3 are two levels. Unit #4 is one level built to 1998 ADA standards. There is huge upside potential for increased rent rates to maximize net operating profit and create a possible cap rate of over 7%. No sign on property. Please do not disturb tenants. Please call me with questions.
Details
Property type
Lot size
9,583 sq ft
Price per sq ft
$211
Year built
1998
Annual property taxes
$10,205.08
Price History
08/02/2024
PortlandOR #24301823
Listed
$949,000
07/31/2024
PortlandOR #24301823
Removed
$949,000
06/08/2024
PortlandOR #24301823
Price change
$949,000
-0.11%
Schools & Community
Neighborhood:
Hazelwood
Elementary school:
Lincoln Park
Middle school:
Ron Russell
High school:
David Douglas
Status: Active
Tomo last checked: 10/05/2024 at 7:50 PM
Listing updated: 09/04/2024 at 11:43 AM
Listed by: Dan McGraw, John L. Scott Portland Metro Phone #: (503) 665-0111
MLS: PortlandOR #24301823
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