tomo logo

$1,299,000

Beds
8
sq ft
Unknown

2717 SW 2nd Ave, Portland, OR 97201

2717 SW 2nd Ave

Portland, OR 97201

  • 368 days on market
    • Price drop $99,000↓
Updated 4 plex investment property with potential for room to grow. Zoned CM2. More units possible to be built in the backyard area. Also, 40 x 20ft attic space with 12ft high vaulted ceilings all perfect for future growth. Consistently 100% occupied. All units come equipped with a Washer/Dryer, built-in microwave, range and refrigerator, hardwood floors throughout, large windows, updated kitchens and baths, full basement with tons of storage space and a great backyard. Only 1.5 blocks from Lair Hill Park. 85 walk/bike/transit score.

Details

Property type

Est. home value

$1,242,129

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

Unknown

Year built

1900

Annual property taxes

$10,073

Price History

09/16/2024
PortlandOR

PortlandOR #22555570

Price change
$1,299,000
-7.08%
08/07/2024
PortlandOR

PortlandOR #22555570

Removed
$1,398,000
07/31/2024
PortlandOR

PortlandOR #22555570

Price change
$1,398,000
-6.49%

Schools & Community

Neighborhood: 

Corbett-Terwilliger-Lair Hill

Elementary school: 

Ainsworth

Middle school: 

West Sylvan

High school: 

Lincoln

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Willamette Valley Bank

Loan start date

August 2020

Original loan amount

$700,000

Est. remaining balance

Not provided

Interest rate

3.13%

Loan type

Commercial

Seller

Letten Legacy Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 1:00 PM

Listing updated: 10/03/2024 at 9:39 AM

Listed by: Kirt Dye, John L. Scott Phone #: (503) 624-2900

MLS: PortlandOR #22555570

PortlandOR logo

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