1806 Northwest Eleven Mile Avenue

Gresham, OR 97030

$990,000
Price
Beds
3,760 Sq. Ft.
$263 / Sq. Ft.
3,760
Sq. Ft.
$263
per Sq. Ft.

Description

Heavy Industrial zoned opportunity on a large 0.51-acre fully fenced and paved lot with three structures: a grandfathered residential house/duplex and office, a 5-bay mechanic garage, and an additional garage. The current tenant is Magic City Garage, specializing in performance tuning and mechanical repairs with a lease in place with 15 months remaining. Strong local synergy with other repair shops enhances lease stability and ensures optimal use of the space. The lease outlines minimal landlord...Heavy Industrial zoned opportunity on a large 0.51-acre fully fenced and paved lot with three structures: a grandfathered residential house/duplex and office, a 5-bay mechanic garage, and an additional garage. The current tenant is Magic City Garage, specializing in performance tuning and mechanical repairs with a lease in place with 15 months remaining. Strong local synergy with other repair shops enhances lease stability and ensures optimal use of the space. The lease outlines minimal landlord responsibility.
  1. Listed by Cory Carlson • Constant Commercial Real Estate Inc • 503-222-0282

Property Details for 1806 Northwest Eleven Mile Avenue

Zoning
HI
Garage Spaces
7.00
LISTING UPDATED: 11/04/2024 10:04 AM

Property Details for 1806 Northwest Eleven Mile Avenue

StatusActive
MLS #24147134
Days on Market48
Taxes$3,096 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1988
Lot Size-
CountyMultnomah County

Building Information for 1806 Northwest Eleven Mile Avenue

Stories-Residences-Year Built1988Building Size-Lot Size-

Property Information for 1806 Northwest Eleven Mile Avenue

Summary
Location and General Information
  • Country: US
  • Directions: South on Burnside
School Information
  • Middle Or Junior School: Other
Taxes and HOA
  • Tax Annual Amount: $3,096.11
  • Parcel Number: R303196
  • Tax Legal Description: WEST RUBY JUNCTION, N 75.4' OF S 86.4' OF LOT 16
Property
Lot Information
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1988
Utilities
  • Fuel Description: Electricity
  • Heating Description: Wall Heater
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum, T111Siding
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
  • Gross Income Actual: $96,000.00
  • Gross Rent Multiplier: $10.31
  • Investor Information: According To Owner, Profit Loss Statement
  • Net Income Actual: $91,024.00
  • Operating Expense: $4,976.00
  • SqFt Approximate Building Total: 3760

Property History for 1806 Northwest Eleven Mile 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 1806 Northwest Eleven Mile Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$3,827 ($319 / month)
Home Facts
Total Finished SqFt1,750 SqFtAbove Grade Finished SqFt1,750 SqFtStories1Lot Size22,458 SqFtStyleService StationYear Built1988ZoningHICountyMULTNOMAHAPN1S3E05DA 01500

Schools near 1806 Northwest Eleven Mile Avenue

This home is within Reynolds School District 7.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Davis Elementary School
PublicK to 5

Reynolds Middle School
Public6 to 8

Reynolds High School
Public9 to 12

Rockwood Preparatory 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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1806 Northwest Eleven Mile Avenue is a multi-family home for sale in Gresham, OR 97030. This property was listed for sale on October 31, 2024 by Constant Commercial Real Estate Inc, it's currently listed at $990,000. It has been on the market for a total of 48 days and was last sold on June 13, 2019. This listing's school district is Reynolds School District 7. Nearby schools include Davis Elementary School, Reynolds Middle School and Reynolds High School. 1806 Northwest Eleven Mile Avenue is a 0-bed, 0-bath, 3,760 sqft multi-family home built in 1988.

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 Constant Commercial Real Estate Inc

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: 11/04/2024 10:04 AM