Portland, OR 97215,4642 SE MADISON ST
Portland, OR 97215,4642 SE MADISON ST
Portland, OR 97215,4642 SE MADISON ST
Portland, OR 97215,4642 SE MADISON ST
Portland, OR 97215,4642 SE MADISON ST
Portland, OR 97215,4642 SE MADISON ST
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Listed by Windermere Realty Trust
Bought with Where, Inc.

$740,000

$780,000

5.1%
Est.Price: ?

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Est. payment /mo

4,292 SqFt


SOLD DATE : 05/21/2024

Key Details

Sold Price $740,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,292 sqft

Price per Sqft $172

Subdivision Sunnyside / Hawthorne

MLS Listing ID 24313154

Sold Date 05/21/24

Year Built 2008

Annual Tax Amount $13,482

Tax Year 2023

Lot Size 4,791 Sqft

Property Description

Fantastic turn key investment property. Low maintenance newer construction craftsman plus an impressive 5.74 cap rate and all in an A+ location, just off of SE Hawthorne Blvd.! Unit A consist of the top 3 floors and boasts 5 bedrooms and 3 1/2 baths. Spacious main floor living with lovely kitchen and eat area that opens to the fenced backyard. Unit B is the 1,085 square foot lower level and is a 2 bed 1 bath. Fully separate water and electricity for both units. And both fully rented with tenants that would love to stay.

Location

State OR

County Multnomah

Area _143

Zoning R5

Rooms

Basement Exterior Entry, Finished, Separate Living Quarters Apartment Aux Living Unit

Interior

Heating Forced Air90

Cooling Central Air

Exterior

Roof Type Composition

Parking Type Driveway, Off Street

Garage No

Building

Lot Description Level

Story 4

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 4

Schools

Elementary Schools Glencoe

Middle Schools Mt Tabor

High Schools Franklin

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

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