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7606 SE FLAVEL ST
Portland, OR 97206
SOLD
$691,326
Sold
3,614
Sq.Ft.0.45
AcresMLS# 24071939
Property Details
Single level 6-plex in SE Portland, sitting on a large 0.74 acre lot. All units are 1-bedroom / 1-bath and have been recently remodeled. New flooring, cabinets, counters, paint, and gutters. Average rents at $1, 082 with highest achieved at $1, 206. Washer / Dryer Hookups in each unit. Newly landscaped with large off-street gravel parking lot. Located just East of Flavel Park and Whitman Elementary. The owners have decided to offer the asset at a value that reflects its current use, without factoring in the added premium for its considerable future development potential. When compared to the average price per square foot of similar land sales in the area, it appears the subject property's land is likely worth more than the existing 6-plex.
Property Highlights
Price
$745,000
Property Type
Multi Family
Acres
0.45
Year Built
1950
Location
Area
_142
County
Multnomah
Zoning
R2
Property Details
Price
$745,000
Property Type
Multi Family
Building
Total Area
3,614
Community
Local Schools
Elementary School
Other
High School
Other
Middle School
Other
Interior Features
Area and Spaces
Number of Units
6
Heating and Cooling
Heating Features
Baseboard
Building Details
Construction
Year Built
1950
Materials
Roof
Shingle
Terms
Terms
Special Terms
Cash, Conventional
Taxes
Tax
Tax (Annual)
$9,293
Heating, Cooling & Utilities
Utilities
Sewer
Public Sewer
Water Source
Public Water
Lot
Acres
0.45
Lot Size Area Sq Ft
19,602
Parking
Parking Features
Off Site
Listed by Smi Commercial Real Estate LLC. Sold by Premiere Property Group, LLC.
Listing Data last updated 07/26/2024 04:17 PM
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Property History
16 days ago
Property information last updated
21 days ago
Date Sold
99 days ago
Date of last price change
108 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 108.
Data provided by the MLS.
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Sold by Smi Commercial Real Estate LLC
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