114 South Lane Street

Portland, OR 97239

$940,000
Price
Beds
3,168 Sq. Ft.
$297 / Sq. Ft.
3,168
Sq. Ft.
$297
per Sq. Ft.

Description

Walk to South Waterfront from this vintage Portland 4Plex! EZ access to OHSU tram, downtown by bus or rail, and freeway. Next to City "open space". Full basement with shared laundry, single garage spot. Updates include new siding and windows. Great opportunity for owner occupied or investor. Please submit offers subject to interior inspection. Family owned for 40 years. Seller is licensed Oregon principal broker. Please do not disturb residents.Walk to South Waterfront from this vintage Portland 4Plex! EZ access to OHSU tram, downtown by bus or rail, and freeway. Next to City "open space". Full basement with shared laundry, single garage spot. Updates include new siding and windows. Great opportunity for owner occupied or investor. Please submit offers subject to interior inspection. Family owned for 40 years. Seller is licensed Oregon principal broker. Please do not disturb residents.
  1. Listed by Heather Lovell • Portera Realty Group

Property Details for 114 South Lane Street

Subdivision
S Portland
Parking Features
Driveway, Garage
Zoning
RM1
View
City
Garage Spaces
1.00
Parking Total
1.00
LISTING UPDATED: 10/16/2024 04:52 PM

Property Details for 114 South Lane Street

StatusActive
MLS #24558926
Days on Market102
Taxes$6,920 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1890
Lot Size0.10 AC / 4,356 SF
CountyMultnomah County

Building Information for 114 South Lane Street

Stories2Residences4Year Built1890Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 114 South Lane Street

Summary
Location and General Information
  • Country: US
  • Directions: S Corbett Ave
  • Road Surface: Paved
School Information
  • Elementary School: Capitol Hill
  • High School: Ida B Wells
  • Middle Or Junior School: Jackson
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $6,920.48
  • Parcel Number: R129274
  • Tax Legal Description: CARUTHERS ADD, BLOCK 168, LOT 7&8 TL 10800
Property
Lot Information
  • Acres: 0.1
  • Lot Description: Gentle Sloping
  • Lot Size Square Feet: 4356.0
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1890
Utilities
  • Cooling Description: Window Unit
  • Fuel Description: Electricity, Gas
  • Heating Description: Baseboard, Wall Furnace
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding
  • Roof Type: Composition
Interior Features
  • Basement: Daylight
  • Foundation Details: Slab
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable, DSL
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $50,000.00
  • Gross Rent Multiplier: $18.80
  • Investor Information: According To Owner
  • Net Income Actual: $35,000.00
  • Operating Expense: $15,000.00
  • Security Features: Security Lights
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 3168
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Range, Refrigerator, Storage
  • Unit Type 1 Rent: $0
  • Unit Type 1 SqFt: 700.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Fireplace, Range, Refrigerator
  • Unit Type 2 Rent: $995
  • Unit Type 2 SqFt: 700.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Microwave, Range, Refrigerator, Window Coverings
  • Unit Type 3 Rent: $0
  • Unit Type 3 SqFt: 700.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Features: Range, Refrigerator, Storage, Window Coverings
  • Unit Type 4 Rent: $1,180
  • Unit Type 4 SqFt: 700
  • Unit Type 4 UnitsTotal: 1

Schools near 114 South Lane Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Capitol Hill Elementary School
PublicK to 5

Jackson Middle School
Public6 to 8

Ida B. Wells-Barnett High School
Public9 to 12

Winterhaven School
PublicK to 8

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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114 South Lane Street is a multi-family home for sale in Portland, OR 97239. This property was listed for sale on August 12, 2024 by Portera Realty Group, it's currently listed at $940,000. This listing's school district is Portland School District 1j. Nearby schools include Capitol Hill Elementary School, Jackson Middle School and Ida B. Wells-Barnett High School. 114 South Lane Street is a 0-bed, 0-bath, 3,168 sqft multi-family home built in 1890.

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 Portera Realty Group

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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 10/16/2024 04:52 PM