2015 NE 47TH AVE, Portland, OR 97213

$2,250,000
List Price
$2,250,000
Price Change
▼ $100,000 1638141291
Days on Market
79
MLS#
21281507
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Northeast
Status
Active

Property Description

Beautiful high end construction of modern 5 unit apartment complex from quality local builder with 1bed, 2bed & 4bed units. All units fully leased. Dream rental area. 94 walk score, 92 bike score. Featuring open floor plans, tall ceilings, SS appliances, quartz counters, soft close, W/D in units, sky lights, private fenced yards/decks for each unit and more! Situated in an excellent location, blocks to eateries, shopping, theater, max line, parks & schools. Listing broker is one of the owners.

Additional Information

Tax Amount
$2,065
Year Built
2021
High School
Grant
Elementary School
Beverly Cleary
Middle School
Beverly Cleary
Stories
2
Subdivision
Hollywood / Grant Park
Terms
Cash, Conventional
Cooling Description
Heat Exchanger
Fuel Description
Electricity
Heating Description
Mini Split
Hot Water Description
Electricity
Exterior Description
Lap Siding, Cement Siding, Shake Siding
Roof Type
Shingle
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
5400
Capitalization Rate
5.64
Operating Expenses Actual
18690
Gross Income Actual
145500
Gross Rent Multiplier
15.46
Net Income Actual
126810
Occupancy Types
Leased
Road Surface
Paved
Number Of Units Total
5
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1475
Unit Type One Sq Ft
500
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
1875
Unit Type Two Sq Ft
800
Unit Type Two Units Total
1
Unit Type Three Baths Total
2
Unit Type Three Beds Total
4
Unit Type Three Rent
2800
Unit Type Three Sq Ft
1225
Unit Type Three Units Total
2
Unit Type Four Baths Total
2
Unit Type Four Beds Total
4
Unit Type Four Rent
3000
Unit Type Four Sq Ft
1250
Unit Type Four Units Total
1

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Oregon First.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2022 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.