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7606 SE FLAVEL ST
Portland, OR 97206
Pending
$745,000
Under Contract
3,614
Sq.Ft.
0.45
Acres
MLS# 24071939
Cumulative Days on Market: 38 (since April 9th, 2024) Data provided by the MLS.

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.

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Property Highlights

Price
$745,000
Property Type
Multi Family
Year Built
1950
Acres
0.45

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.
Listing Data last updated 05/17/2024 01:00 PM
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 17-May-2024 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by open source mortgage calculation software tools using common mathematical formulas. Copyright © 2024 Buying Buddy. All calculations should be independantly verified.
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Property History

16 days ago
Property information last updated
16 days ago
Date Sold
29 days ago
Date of last price change
38 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 38. Data provided by the MLS.

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All information provided is deemed reliable but is not guaranteed and should be independently verified.
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 Realestatepdx.com are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS™, Portland, Oregon.
This content last updated on 05/17/2024 01:00 PM 5.00 AM PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Listing Data last updated: 05/17/2024 01:00 PM
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