1805 Northeast 8th Avenue

Portland, OR 97212

$1,275,000
Price
Beds
2,883 Sq. Ft.
$442 / Sq. Ft.
2,883
Sq. Ft.
$442
per Sq. Ft.

Description

Fantastic investment opportunity to acquire a 6-plex in the vibrant heart of Northeast Portland. This property is conveniently located by shops, restaurants, public transport, and highway access. It features six 1-bedroom, 1-bathroom apartment units, complete with on-site laundry facilities and personal storage units. No sign or lockbox is present on the property. It is fully occupied, and units will be available for viewing once an offer is accepted. Risa Davis is an Oregon Licensed Realtor and...Fantastic investment opportunity to acquire a 6-plex in the vibrant heart of Northeast Portland. This property is conveniently located by shops, restaurants, public transport, and highway access. It features six 1-bedroom, 1-bathroom apartment units, complete with on-site laundry facilities and personal storage units. No sign or lockbox is present on the property. It is fully occupied, and units will be available for viewing once an offer is accepted. Risa Davis is an Oregon Licensed Realtor and Trustee to property.
  1. Listed by Risa Davis • eXp Realty, LLC • 503-358-4311
  2. Listed by Lillie Barr • eXp Realty, LLC

Property Details for 1805 Northeast 8th Avenue

Subdivision
IRVINGTON
Parking Features
Off Street
Zoning
RM3
Garage Spaces
.00
Parking Total
.00
LISTING UPDATED: 12/14/2024 12:26 AM

Property Details for 1805 Northeast 8th Avenue

StatusActive
MLS #24611974
Days on Market31
Taxes$7,820 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1940
Lot Size0.12 AC / 5,227 SF
CountyMultnomah County

Building Information for 1805 Northeast 8th Avenue

Stories1Residences6Year Built1940Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 1805 Northeast 8th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: NE 8th Ave and NE Schuyler
  • Road Surface: Paved
School Information
  • Elementary School: Irvington
  • High School: Jefferson
  • Middle Or Junior School: Harriet Tubman
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $7,820.34
  • Parcel Number: R182544
  • Tax Legal Description: HOLLADAYS ADD, BLOCK 252, LOT 5
Property
Lot Information
  • Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1940
Utilities
  • Cooling Description: None
  • Fuel Description: Gas
  • Heating Description: Gravity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
Interior Features
  • Basement: Partial Basement
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • Gross Income Actual: $90,598.00
  • Gross Income Projected: $90,598.00
  • Gross Rent Multiplier: $14.07
  • Investor Information: Leases, Profit Loss Statement
  • Net Income Actual: $76,806.00
  • Net Income Projected: 76806
  • Operating Expenses Projected: $21,613.00
  • Operating Expense: $21,613.00
  • Storage: Individual Storage Units
  • Unit Type Type: Unit Type Type1
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 2883
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: Hardwood Floors, Range, Refrigerator
  • Unit Type 1 Rent: $6,178
  • Unit Type 1 SqFt: 480.0
  • Unit Type 1 Units Total: 6

Property History for 1805 Northeast 8th 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 1805 Northeast 8th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$7,820 ($652 / month)
Home Facts
Baths6Total Finished SqFt2,883 SqFtAbove Grade Finished SqFt2,883 SqFtUnfinished Basement SqFt959 SqFtStories1Lot Size5,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningRHDCountyMULTNOMAHAPN1N1E26CC 06900

Schools near 1805 Northeast 8th 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
Public - 9 to 12
Rating
School
Distance
Irvington Elementary School
PublicK to 5

Harriet Tubman Middle School
Public6 to 8

Jefferson High School
Public9 to 12

Grant 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.

Similar Homes

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1805 Northeast 8th Avenue is a multi-family home for sale in Portland, OR 97212. This property was listed for sale on November 17, 2024 by eXp Realty, LLC, it's currently listed at $1,275,000. It has been on the market for a total of 31 days and was last sold on January 13, 2022. This listing's school district is Portland School District 1j. Nearby schools include Irvington Elementary School, Harriet Tubman Middle School and Jefferson High School. 1805 Northeast 8th Avenue is a 0-bed, 0-bath, 2,883 sqft multi-family home built in 1940.

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 eXp Realty, LLC

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: 12/14/2024 12:26 AM