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$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

PortlandOR #23382743

Removed
$1,440,000
07/31/2024
PortlandOR

PortlandOR #23382743

Listed
$1,440,000
07/31/2024
PortlandOR

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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