https://www.windermere.com/listing/129512941
931 NE 81st Ave Portland, OR 97213
Listing Courtesy of: RMLS / Windermere Realty Trust / Jeff Capen / John McClain - Contact:  503-888-5191

  931 NE 81st Ave Portland, OR 97213

Active (19 Days)
$1,099,900

Description

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.

MLS #:
24529113
Taxes
$12,571(2023)
Lot Size
5,227 SQFT
Type
Multifamily
Year Built
2008
County
Multnomah County
Community
Montavilla

Listed By

Jeff Capen, Windermere Realty Trust, Contact: 503-888-5191
John McClain, Windermere Realty Trust
Source
RMLS
Last checked Jun 18 2024 at 12:31 PM GMT+0000
Bathroom Details
Subdivision
  • Montavilla
Lot Information
  • Level
Basement Information
  • Crawl Space
Exterior Features
  • Lap Siding
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
  • Fuel: Electricity
School Information
  • Elementary School: Vestal
  • Middle School: Roseway Heights
  • High School: Jefferson
Parking
  • On Street
Stories
  • 2
Additional Listing Info
  • Buyer Brokerage Commission: 2.5
Location
   
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Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than (fill in the site owning Broker company name here) are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS™, Portland, Oregon All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 6/18/24 05:31