22 Southeast 94th Avenue

Portland, OR 97216

$595,000
Price
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a view of a house with a patio
a front view of a house with a yard
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a view of a house with a yard
a view of a big room with chandelier fan and windows
a view of an entryway with wooden floor
a kitchen with kitchen island a sink stainless steel appliances and cabinets
a utility room with dryer and washer
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a view of empty room
a bathroom with a toilet a sink and mirror
a view of an empty room with a window
a view of an empty room
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a bathroom with a sink and a mirror
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Description

Investment Opportunity: Two Homes on One Lot! Discover a rare investment gem featuring two distinct homes on a single lot, perfect for maximizing your rental income! Both home’s inviting layouts make them attractive options for long term tenants or owner occupied homes. #22 is a 4-bedroom, 1 bath residence providing ample space for all. #26 is a cozy 3-bedroom, 1.5-bath residence with mini splits, updated kitchen and baths and new carpet. Both homes offer well-designed living spaces. Both homes feature...Investment Opportunity: Two Homes on One Lot! Discover a rare investment gem featuring two distinct homes on a single lot, perfect for maximizing your rental income! Both home’s inviting layouts make them attractive options for long term tenants or owner occupied homes. #22 is a 4-bedroom, 1 bath residence providing ample space for all. #26 is a cozy 3-bedroom, 1.5-bath residence with mini splits, updated kitchen and baths and new carpet. Both homes offer well-designed living spaces. Both homes feature separate entrances and private outdoor areas, ensuring occupant privacy and convenience. Located in a SE PDX, this property is close to local amenities, schools, and public transportation. Whether you're an experienced investor or new to real estate, this property presents a fantastic opportunity to diversify your portfolio or the option to live in one home and rent the other. Do not access property without an agent!
  1. Listed by Kris Cochran • Cochran Property Group Inc.

Property Details for 22 Southeast 94th Avenue

Parking Features
Driveway, Open
Zoning
R25
View
Mountain
Parking Total
3.00
LISTING UPDATED: 11/05/2024 04:47 PM

Property Details for 22 Southeast 94th Avenue

StatusActive
MLS #24572595
Days on Market75
Taxes$5,026 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1992
Lot Size0.16 AC / 6,969 SF
CountyMultnomah County

Building Information for 22 Southeast 94th Avenue

Stories2Residences2Year Built1992Building Size-Lot Size0.16 AC / 6,969 SF

Property Information for 22 Southeast 94th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: SE 94th & SE Burnside
  • Road Surface: Paved
School Information
  • Elementary School: Cherry Park
  • High School: David Douglas
  • Middle Or Junior School: Floyd Light
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $5,026.26
  • Parcel Number: R319546
  • Tax Legal Description: SECTION 33 1N 2E, TL 2700 0.16 ACRES
Property
Lot Information
  • Acres: 0.16
  • Lot Description: Level
  • Lot Size Square Feet: 6969.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Year Built: 1992
Utilities
  • Fuel Description: Electricity
  • Heating Description: Mini Split, Wall Furnace
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cedar, Cement Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Pillar Post Pier, Slab
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $48,000.00
  • Gross Rent Multiplier: $12.40
  • Investor Information: According To Owner
  • Net Income Actual: $44,160.00
  • Operating Expense: $9,454.00
  • Storage: Deck, Locked
  • Unit Type Type: Unit Type Type1, Unit Type Type2
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 4
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $1,800
  • Unit Type 1 SqFt: 1152.0
  • 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: 3
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $0
  • Unit Type 2 SqFt: 1062.0
  • Unit Type 2 Units Total: 1

Public Records for 22 Southeast 94th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2010$1,932 ($161 / month)
Home Facts
Total Finished SqFt850 SqFtAbove Grade Finished SqFt850 SqFtLot Size6,840 SqFtYear Built1992ZoningLR5CountyMULTNOMAHAPNR942333070

Schools near 22 Southeast 94th Avenue

This home is within David Douglas School District 40.
Rating
School
Type
Grades
Distance
Cherry Park Elementary School
Public - PK to 5
Floyd Light Middle School
Public - 6 to 8
David Douglas High School
Public - 9 to 12
Arthur Academy
Charter - K to 5
Rating
School
Distance
Cherry Park Elementary School
PublicPK 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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More information about 22 Southeast 94th Avenue, Portland, OR 97216

22 Southeast 94th Avenue is a multi-family home for sale in Portland, OR 97216. This property was listed for sale on October 4, 2024 by Cochran Property Group Inc., it's currently listed at $595,000. This listing's school district is David Douglas School District 40. Nearby schools include Cherry Park Elementary School, Floyd Light Middle School and David Douglas High School. 22 Southeast 94th Avenue is a 0-bed, 0-bath, multi-family home built in 1992.

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 Cochran Property Group 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: 11/05/2024 04:47 PM