$1,440,000
- Beds
- 11
- Baths
- 7.0
- sq ft
- 4,948
4450 NE 38th Ave, Portland, OR 97211
4450 NE 38th Ave
Portland, OR 97211
- 502 days on market
- Price drop $10,000↓
Fantastic property located in NE Portland. 11 bedrooms, 5 full baths, and 4 half baths and 3 kitchens, one on each level. Updates with tasteful additions, and extremely well maintained. Investor opportunity with solid cash flow with an 8.56 cap rate. Rented fully as a care home. ADA friendly home, featuring accessibility amenities including an approach with ramp, accessible doors and hallways, main floor bedrooms with baths and walk in showers. High vaulted ceilings in back unit and lots of natural light on the upper floor and hardwoods throughout the main floor with many period details such as coved ceilings, two fireplaces and built-ins. All rooms are equipped with high end Mini-splits and energy efficient double pane vinyl windows. Great opportunity to own a high income producing property close to Wilshire Park, Beaumont Village and a short distance to Alberta Arts.
Details
Property type
Single Family Residence
Lot size
5,227 sq ft
Price per sq ft
$292
Year built
1942
Annual property taxes
$13,642.34
Price History
08/06/2024
PortlandOR #23382743
Removed
$1,440,000
07/31/2024
PortlandOR #23382743
Listed
$1,440,000
07/31/2024
PortlandOR #23382743
Price change
$1,440,000
-0.69%
Schools & Community
Neighborhood:
Beaumont-Wilshire
Elementary school:
Vernon
Middle school:
Vernon
High school:
Jefferson
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Status: Active
Tomo last checked: 11/04/2024 at 10:35 PM
Listing updated: 10/01/2024 at 12:48 PM
Listed by: Israel Hill, John L. Scott Portland Central Phone #: (503) 230-8600
MLS: PortlandOR #23382743
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