11018 East Burnside Street

Portland, OR 97216

$995,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

DND Tenants or walk the property without listing agent. Strong rental history and excellent owner occupied opportunity. large 2 bed 1 bath one story units. Two buildings. Potential for additional units on large lot. 8-10 parking spaces off street. 100% occupied. Listing agent part owner.DND Tenants or walk the property without listing agent. Strong rental history and excellent owner occupied opportunity. large 2 bed 1 bath one story units. Two buildings. Potential for additional units on large lot. 8-10 parking spaces off street. 100% occupied. Listing agent part owner.
  1. Listed by Peter Jameson • J Residential Properties
  2. Listed by Erin Jameson Maher • J Residential Properties

Property Details for 11018 East Burnside Street

Subdivision
Gateway
Parking Features
Assigned
Zoning
R2
Garage Spaces
.00
Parking Total
8.00
LISTING UPDATED: 11/27/2024 06:50 PM

Property Details for 11018 East Burnside Street

StatusActive
MLS #24518506
Days on Market6
Taxes$8,614 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1964
Lot Size0.33 AC / 14,374 SF
CountyMultnomah County

Building Information for 11018 East Burnside Street

Stories1Residences4Year Built1964Building Size-Lot Size0.33 AC / 14,374 SF

Property Information for 11018 East Burnside Street

Summary
Location and General Information
  • Country: US
  • Directions: 122nd Burnside, West to property located on S.Side of light rail
  • Road Surface: Paved
School Information
  • Elementary School: Ventura Park
  • High School: David Douglas
  • Middle Or Junior School: Floyd Light
Taxes and HOA
  • Management Name: SMI
  • Tax Year: 2024
  • Tax Annual Amount: $8,613.52
  • Parcel Number: R320006
  • Tax Legal Description: SECTION 34 1N 2E, TL 3300 0.33 ACRES
Property
Lot Information
  • Acres: 0.33
  • Lot Description: Level, Light Rail
  • Lot Size Square Feet: 14374.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1964
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard, Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding, T111Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Amenities
Amenities Information
  • Internet Service Type: Cable, Satellite
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $70,500.00
  • Gross Income Projected: $87,024.00
  • Gross Rent Multiplier: $14.11
  • Investor Information: Leases, Profit Loss Statement, Rent Records
  • Net Income Actual: $48,599.00
  • Net Income Projected: 70024
  • Operating Expenses Projected: $22,000.00
  • Operating Expense: $21,901.00
  • Storage: None
  • Unit Type Type: Unit Type Type1
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Disposal, Hardwood Floors, Range
  • Unit Type 1 Rent: $1,600
  • Unit Type 1 SqFt: 822.0
  • Unit Type 1 Units Total: 4

Public Records for 11018 East Burnside Street

Taxable ValueLand-Additions-Total-
Tax Record2017$6,289 ($524 / month)
Home Facts
Beds8Baths4Above Grade Finished SqFt3,288 SqFtStories1Lot Size14,375 SqFtStyleSingle Family ResidenceYear Built1964Year Renovated1964ZoningR2AD,R5ACountyMULTNOMAHAPNR320006

Schools near 11018 East Burnside Street

This home is within David Douglas School District 40.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Ventura Park Elementary School
PublicK to 5

Floyd Light Middle School
Public6 to 8

David Douglas High School
Public9 to 12

Arthur Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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11018 East Burnside Street is a multi-family home for sale in Portland, OR 97216. This property was listed for sale on November 27, 2024 by J Residential Properties, it's currently listed at $995,000. This listing's school district is David Douglas School District 40. Nearby schools include Ventura Park Elementary School, Floyd Light Middle School and David Douglas High School. 11018 East Burnside Street is a 0-bed, 0-bath, multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of J Residential Properties

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