tomo logo

$289,000

Beds
1
Baths
2.0
sq ft
Unknown

4315 SE Division St Unit B, Portland, OR 97206

4315 SE Division St Unit B

Portland, OR 97206

  • 6 days on market
OPEN SAT 12-2PM. This modern and energy-efficient condo offers a fantastic opportunity to live, work, or invest in one of SE Portland’s most vibrant neighborhoods. Whether you're looking for a pied-à-terre, remote office, or an investment property, this space is ideal for anyone seeking an intentionally urban, low-impact lifestyle. Step inside to discover an open-concept living area with a fully-equipped kitchen, full main floor bath for guests, and energy-efficient mini-split heating/AC. Upstairs, you'll find a spacious lofted bedroom with an en-suite bathroom and a convenient stackable washer/dryer. Enjoy your own private south-facing balcony that overlooks the courtyard. The condo is tucked away from the street, providing a quiet retreat with easy access to everything SE Portland has to offer, including cafes, popular dining spots, parks, and public transit. The Division 43 community is designed with sustainability in mind, featuring solar panels for courtyard lighting, a rainwater irrigation system, durable hard-plank siding, and secure bike parking. With no rental cap (30-day minimum), this property offers flexibility for investors. CM2 zoning opens the door to many potential uses. Sellers are open to including all furnishings upon request and had been renting the property for $2,000/mo. The HOA welcomes both cats and dogs, ensuring that your furry friends are welcome. This is a must-see opportunity for anyone seeking modern, convenient, and eco-conscious living in an unbeatable location. Don’t miss out!

Details

Property type

Condominium

Est. home value

$286,390

Lot size

Unknown

Price per sq ft

Unknown

Year built

2012

Annual property taxes

$4,263.77

Monthly HOA fee

$370

Price History

01/16/2025
PortlandOR

PortlandOR #651366243

Listed
$289,000
+6.64%
07/13/2020
PortlandOR

PortlandOR #20409031

Sold
$271,000

Schools & Community

Neighborhood: 

Richmond

Elementary school: 

Glencoe

Middle school: 

Mt Tabor

High school: 

Franklin

Negotiation Insights

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

Seller could get up to

$105,184
Asking price
$289,000
Closing costs (~8% of asking)
-$23,120
Est. remaining loan balance
-$160,696
Cash to seller
$105,184

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

July 2020

Original loan amount

$216,800

Est. remaining balance

$160,696

Interest rate

2.7%

Loan type

New Conventional, 15 year

Seller

Melvin I Strieb and B Anne Gwynn

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: 01/21/2025 at 10:35 PM

Listing updated: 01/16/2025 at 7:27 PM

Listed by: Amber Turner, Think Real Estate Phone #: (503) 847-2722

MLS: PortlandOR #651366243

PortlandOR logo

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