MLS# 21562510 - 5270 Se 18th Ave, Portland, OR 97202

$599,000
Units: 2
Est. $2,130 / mo.*
506 Days On Market

Listing courtesy of MORE Realty.

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Status: Active
Year Built: 1954
Neighborhood: Sellwood / Westmoreland
Days On Website: 506

Property Details for 5270 Se 18th Ave, Portland, OR 97202

BACK ON MARKET after REMODEL. Home plus ADU .Two leased living Units on one close in Sellwood Multi-Family Lot.Front home ($1950/mo) New paint, Kitchen w/SS appliances, electrical meter/panel, air/heating unit.Updated bathroom, sewer line,insulation and new vinyl windows.Rear Home(Rent $1,125/mo.)County Approved Dwelling Unit(ADU) with permitted plumbing,electrical meter.Updated kitchen and Rare Shop/Garage.Make offer subject to interior inspection. NOI $35,100.

Cooling

  • Cooling Equipped
  • Cooling: HeatExchanger

Property Access

  • Road Surface Type: Paved

Basement

  • Basement: CrawlSpace,None,SeparateLivingQuartersApartmentAuxLivingUnit

House

  • Building Area Total: 1400
  • Built in 1954
  • Storage: Attic,Garage
  • Stories: 1
  • Unit Type Type: UnitTypeType1,UnitTypeType2

Community

  • Community Features: Laundry

Disclosures

  • Disclosures: Disclosure

Expenses

  • Operating Expense Scheduled: 5198
  • Operating Expense: $5,198

Exterior Features

  • Exterior Description: VinylSiding
  • Un-reinforced Masonry Building

Foundation

  • Foundation Details: ConcretePerimeter,PillarPostPier

Heating

  • Heating Available
  • Heating: ForcedAir

Income

  • CAP Rate: 5.13
  • Gross Income: $36,900
  • Gross Rent Multiplier: 16.23
  • Gross Scheduled Income: $40,200
  • Net Operating Income: $30,702
  • Net Scheduled Income: 35100

Listing

  • Contract Status Change Date: 2021-11-01
  • Days On Market: 509
  • Last Transaction Date: 2023-02-23 07:44:15
  • List Price: $599,000
  • Listing Contract Date: 2021-11-01
  • Listing Id: 21562510
  • Mls Status: Active
  • Modification Timestamp: 2023-02-23 07:44:15
  • On Market Date: 2021-11-01
  • Previous List Price: $549,000
  • Rent Includes: None
  • Standard Status: Active

Location

  • MLS Area Major: _143
  • Subdivision Name: SELLWOOD / WESTMORELAND
  • County Or Parish: Multnomah

Lot

  • Features: Level,OnBusline
  • Size Range: SqFt3000to4999
  • Size: 3,000 to 4,999 SqFt

Miscellaneous

  • Investor Information: AccordingToOwner,AnnualPropertyOperationData,Leases,RentRecords

Parking

  • Features: Detached,Garage

Possession

  • Possession: SubjectToTenantRights

Property

  • Number Of Units Total: 2
  • Property Condition: Existing
  • Property View
  • Zoning: RM 2

Roof

  • Roof: Composition

Schools

  • High School: Cleveland
  • Middle Or Junior School: Sellwood
  • Elementary School: Llewellyn

Security System

  • Features: SecurityLights

Sewer

  • Sewer: PublicSewer

Taxes

  • Annual Amount: $4,448
  • Legal Description
  • Tax Year: 2021

Utilities

  • Fuel Description: Electricity
  • Hot Water Description: Electricity
  • Internet Service Type: Cable,Wireless
  • Water Source: PublicWater

Map View

$599,000 - 5270 Se 18th Ave, Portland, OR 97202

Street View

Directions

5270 Se 18th Ave
Portland, OR 97202
MLS Area Major: _143

This content last updated on March 26, 2023 8:44AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.