12607 Southwest 64th Avenue

Portland, OR 97219

$695,000
Price
Beds
2,300 Sq. Ft.
$302 / Sq. Ft.
2,300
Sq. Ft.
$302
per Sq. Ft.

Description

Duplex/multi-family style property with maximized rental potential. Maximized rent potential earning $5,000/ month in rent. Sitting on a quarter-acre in a highly sought after location near I-5 and 217. Featuring two kitchens, a laundry room, and separate bedroom rentals, this property is perfect for long term/short term rentals. Airbnb, or multigenerational living. With all bedrooms currently rented individually, it's an immediate income generator. Don't miss out on this versatile investment. Perfect...Duplex/multi-family style property with maximized rental potential. Maximized rent potential earning $5,000/ month in rent. Sitting on a quarter-acre in a highly sought after location near I-5 and 217. Featuring two kitchens, a laundry room, and separate bedroom rentals, this property is perfect for long term/short term rentals. Airbnb, or multigenerational living. With all bedrooms currently rented individually, it's an immediate income generator. Don't miss out on this versatile investment. Perfect for house hacking or first time investors who would like to take advantage of the FHA loan benefits.
  1. Listed by Freddie Figueroa • Cascade Heritage Real Estate Group
  2. Listed by Cooper Morley • Cascade Heritage Real Estate Group

Property Details for 12607 Southwest 64th Avenue

Parking Features
Driveway, RVAccess Parking
Zoning
R10
LISTING UPDATED: 10/09/2024 01:25 PM

Property Details for 12607 Southwest 64th Avenue

StatusActive
MLS #24385776
Days on Market71
Taxes$4,166 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1952
Lot Size0.26 AC / 11,325 SF
CountyMultnomah County

Building Information for 12607 Southwest 64th Avenue

Stories2Residences6Year Built1952Building Size-Lot Size0.26 AC / 11,325 SF

Property Information for 12607 Southwest 64th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Haines St. to South on 65th, East on Southview, South on 64th
  • Road Surface: Gravel, Paved
School Information
  • Elementary School: Markham
  • High School: Tigard
  • Middle Or Junior School: Jackson
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $4,166.17
  • Parcel Number: R273841
  • Tax Legal Description: SOUTHVIEW, LOT 24 TL 8000
Property
Lot Information
  • Acres: 0.26
  • Lot Description: Gentle Sloping, Secluded
  • Lot Size Square Feet: 11325.0
  • 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
  • Year Built: 1952
Utilities
  • Fuel Description: Gas
  • Heating Description: Forced Air95Plus
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Electricity, Heat, Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Shake Siding
  • Roof Type: Composition
Interior Features
  • Basement: Daylight
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • Gross Income Actual: $60,000.00
  • Gross Income Projected: $60,000.00
  • Gross Rent Multiplier: $11.58
  • Investor Information: According To Owner
  • Net Income Actual: $54,000.00
  • Operating Expense: $9,400.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 2300
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Rent: $850
  • Unit Type 1 SqFt: 210.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Rent: $750
  • Unit Type 2 SqFt: 185.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 0
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Rent: $950
  • Unit Type 3 SqFt: 220.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 0
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Rent: $800
  • Unit Type 4 SqFt: 200
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 0
  • Unit Type 5 Beds Total: 1
  • Unit Type 5 Rent: $850
  • Unit Type 5 SqFt: 220.0
  • Unit Type 5 Units Total: 1
Unit 6 Information
  • Unit Type 6 Baths Total: 0
  • Unit Type 6 Beds Total: 1
  • Unit Type 6 Features: Fireplace, Storage
  • Unit Type 6 Rent: $950
  • Unit Type 6 SqFt: 240.0
  • Unit Type 6 Units Total: 1

Property History for 12607 Southwest 64th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12607 Southwest 64th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$4,166 ($347 / month)
Home Facts
Beds3Baths2Total Finished SqFt3,450 SqFtAbove Grade Finished SqFt2,300 SqFtFinished Basement SqFt1,150 SqFtStories1Lot Size11,326 SqFtStyleSingle Family ResidenceYear Built1952ZoningR10CountyMULTNOMAHAPN1S1E31CC 08000Fireplace TypeHas Fireplace

Schools near 12607 Southwest 64th Avenue

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
Charter - K to 5
Rating
School
Distance
Markham Elementary School
PublicK to 5

Jackson Middle School
Public6 to 8

Ida B. Wells-Barnett High School
Public9 to 12

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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12607 Southwest 64th Avenue is a multi-family home for sale in Portland, OR 97219. This property was listed for sale on September 13, 2024 by Cascade Heritage Real Estate Group, it's currently listed at $695,000. It has been on the market for a total of 71 days and was last sold on January 29, 2020. This listing's school district is Portland School District 1j. Nearby schools include Markham Elementary School, Jackson Middle School and Ida B. Wells-Barnett High School. 12607 Southwest 64th Avenue is a 0-bed, 0-bath, 2,300 sqft multi-family home built in 1952.

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 Cascade Heritage Real Estate 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: 10/09/2024 01:25 PM