1407 SE OAK ST, Portland, OR 97214

$1,300,000
List Price
$1,300,000
Days on Market
9
MLS#
18157279
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland Southeast
Status
Active

Property Description

Unique opportunity in Buckman! This triplex consists of 2 houses: A Victorian duplex and a Craftsman home, both on one 7000 square foot corner lot. The duplex has a main floor unit and upper unit, with tons of original charm. The spacious house has great character plus an updated kitchen and bath, with 3 bedrooms and a bath upstairs. Parking for 4 cars and plenty of quiet outdoor space in one of the best locations on the whole Eastside!

Additional Information

Tax Amount
$6,689
Year Built
1891
High School
Cleveland
Elementary School
Buckman
Middle School
Hosford
Garage Spaces
4
Subdivision
Buckman
Terms
Cash, Conventional, FHA, VA Loan
Basement Foundation
Unfinished
Cooling Description
Central Air
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Gas
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
4749
Capitalization Rate
3.13
Operating Expenses Actual
8500
Gross Income Actual
49200
Gross Rent Multiplier
26.42
Net Income Actual
40700
Occupancy Types
Vacant
Utilities Included
Trash Collection, Sewer, Water
Parking Description
Detached
Covenants/Restrictions
No
Number Of Units Total
3
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Sq Ft
2207
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Sq Ft
925
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Sq Ft
692
Unit Type Three Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Stellar Realty Northwest.

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