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$2,480,000

Beds
16
sq ft
6,430

4045 SE 115th Ave, Portland, OR 97266

4045 SE 115th Ave

Portland, OR 97266

  • 10 days on market
Presenting a rare investment opportunity in the Powellhurst-Gilbert neighborhood: a multifamily property featuring 6 impeccably designed detached homes. This unique offering includes (2) 4-bedroom, 2.1-bath units and (4) 2-bedroom, 2.1-bath units, each showcasing open concept floor plans that are both stylish and functional. Step inside to find interiors bathed in natural light and warm tones. The kitchens are a highlight, featuring extensive tilework, custom cabinetry, and gleaming stainless steel appliances. Two of the units offer a desirable main-level bedroom, perfect for use as a home office or guest space. Upstairs, each unit provides a serene primary suite and 1-2 additional spacious bedrooms, ensuring ample space for a variety of living arrangements. Enjoy the convenience of being close to numerous parks and within half a mile of coffee shops, restaurants, and groceries. With the added benefit of a 1-year builder warranty, this property not only bolsters your investment portfolio but also offers the peace of mind that comes with new construction. Don’t miss out on this exceptional opportunity!

Details

Property type

Est. home value

$387,562

Property condition

New Construction

Lot size

7,840 sq ft

Price per sq ft

$386

Year built

2024

Price History

09/10/2024
PortlandOR

PortlandOR #24209591

Listed
$2,480,000
+726.67%
05/16/2022
PortlandOR

PortlandOR #22118381

Sold
$300,000

Schools & Community

Neighborhood: 

Powellhurst Gilbert

Elementary school: 

W Powellhurst

Middle school: 

Ron Russell

High school: 

David Douglas

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

Sound Equity High Income Debt Fund Llc

Loan start date

August 2023

Original loan amount

$1,950,000

Est. remaining balance

Not provided

Interest rate

6.96%

Loan type

Credit Line (Revolving), 1 year

Seller

Dez Development 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: 09/20/2024 at 8:45 AM

Listing updated: 09/10/2024 at 12:32 PM

Listed by: Darryl Bodle, Keller Williams Realty Portland Premiere Phone #: (503) 597-2444

MLS: PortlandOR #24209591

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