tomo logo

$1,049,900

Beds
9
sq ft
5,208

931 NE 81st Ave, Portland, OR 97213

931 NE 81st Ave

Portland, OR 97213

  • 48 days on market
    • Price drop $50,000↓
Fantastic 4-plex property with unique hard-to-find 3 bedroom/2.1 bath, large 1300 square foot units great for longer term tenanncies. Stackable washer and dryer in every unit. Large living spaces. Kitchens include a range, refrigerator, dishwasher and disposal, built-in microwave, and spacious dining room. Living rooms have slider access to a fenced, private yard. All bedrooms are up. Primary has an en-suite bath with a shower and a walk-in closet. The second full bath has a tub/shower combination. Units are separately metered for electricity. Great for an owner-occupant after the lease ends 8/31/24. 6% cap rates are based on rent improvement to the highest rent level. Current cap rate of 5.5%. RUBS allows for utility bill back in all leases. Easy to get to mass trans, coffee, parks, and restaurants. 97 bike score. 82 walk score.

Details

Property type

Property condition

Updated/Remodeled

Lot size

5,227 sq ft

Price per sq ft

$202

Year built

2008

Annual property taxes

$12,570.71

Price History

07/02/2024
PortlandOR

PortlandOR #24529113

Price change
$1,049,900
-4.55%
06/20/2024
PortlandOR

PortlandOR #24529113

Removed
$1,099,900
06/18/2024
PortlandOR

PortlandOR #24529113

Listed
$1,099,900

Schools & Community

Neighborhood: 

Montavilla

Elementary school: 

Vestal

Middle school: 

Roseway Heights

High school: 

Jefferson

Status: Active

Tomo last checked: 07/17/2024 at 2:40 AM

Listing updated: 07/17/2024 at 1:16 AM

Listed by: Jeff Capen, Windermere Realty Trust Phone #: (503) 284-7755

MLS: PortlandOR #24529113

PortlandOR logo

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