2416 Southeast 34th Avenue
Portland, OR 97202
$1,299,900
Price
—
Beds
3,415 Sq. Ft.
$381 / Sq. Ft.
3,415
Sq. Ft.
$381
per Sq. Ft.
Description
Fully remodeled property retaining its vintage charm including a permitted ADU and two additional licensed AirBnB units remote keyless private entrances. The ADU has a potential gross income exceeding $25,000 a year, while the AirBnB rooms can generate over $40,000 annually. The AirBnB units are fully permitted and feature a security gate, private entrance, private patio with covered hot tub. Interiors have heated floors, AC, and come fully furnished, including mini fridges and microwaves, linens...Fully remodeled property retaining its vintage charm including a permitted ADU and two additional licensed AirBnB units remote keyless private entrances. The ADU has a potential gross income exceeding $25,000 a year, while the AirBnB rooms can generate over $40,000 annually. The AirBnB units are fully permitted and feature a security gate, private entrance, private patio with covered hot tub. Interiors have heated floors, AC, and come fully furnished, including mini fridges and microwaves, linens and supplies. Units are ready to rent after obtaining new short term rental permits from the city. Unit 1 is 434 sq. ft. with one bedroom while unit two is a 349 sq. ft. studio. The property includes tandem double car parking. Unit A is a 1,549 sq ft upper flat with 3 bedrooms, 3 full baths (with a built-in Murphy bed in the front bedroom), gourmet kitchen with Thermidor stainless appliances, gas range with hood, pantry, new refrigerator with ice maker, quartz countertops, gas stove in the dining room, vintage built-ins in dining/living room, new Maytag washer/dryer, two new tankless water heaters, new 4-stair heat/AC, hardwood flooring, double-pane vinyl windows, and fresh paint. It also features a large front porch, separate backyard with a paver patio patio and turf along with a insulated and heated work shed. There is private storage for units A and B, alarm system for the upper flat, security lighting, and new waterproofed front decking with warranty. Unit B (ADU) is 919 sq ft with 2 bedrooms, 1 bath, full kitchen with dishwasher, electric range with oven, stack washer/dryer, electric heat, private south-facing patio with small garden area, exterior storage, and waterproofing by John? s Waterproofing with sump pump, French drain, and subterranean insulation.
Property Details for 2416 Southeast 34th Avenue
Parking Features
Driveway
Zoning97214
LISTING UPDATED: 10/16/2024 09:30 AM
Property Details for 2416 Southeast 34th Avenue
| Status | Active |
|---|---|
| MLS # | 24609633 |
| Days on Market | 87 |
| Taxes | $9,032 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1922 |
| Lot Size | 0.10 AC / 4,356 SF |
| County | Multnomah County |
Building Information for 2416 Southeast 34th Avenue
Stories2Residences4Year Built1922Building Size-Lot Size0.10 AC / 4,356 SF
Property Information for 2416 Southeast 34th Avenue
Summary
Location and General Information
- Country: US
- Directions: Division, N on 34th
- Road Surface: Paved
School Information
- Elementary School: Abernethy
- High School: Cleveland
- Middle Or Junior School: Hosford
Taxes and HOA
- Tax Year: 2023
- Tax Annual Amount: $9,031.82
- Parcel Number: R277062
- Tax Legal Description: STRATFORD-SYDNEY ADD, BLOCK 3, LOT 2
Property
Lot Information
- Acres: 0.1
- 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: Updated Remodeled
- Year Built: 1922
Utilities
- Cooling Description: Central Air, Mini Split
- Fuel Description: Electricity, Gas
- Heating Description: Ductless, Forced Air, Mini Split
- Hot Water Description: Gas
- Sewer Description: Public Sewer
- Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
- Exterior Description: Cement Siding
- Roof Type: Composition
Interior Features
- Basement: Full Basement, Separate Living Quarters Apartment Aux Living Unit
- Stories: 2
Multi Family
Multi-Family Information
- Number Of Units Total: 4
- Gross Income Actual: $54,000.00
- Gross Income Projected: $99,000.00
- Gross Rent Multiplier: $24.07
- Investor Information: According To Owner
- Net Income Actual: $42,000.00
- Net Income Projected: 15300
- Operating Expenses Projected: $15,300.00
- Operating Expense: $12,000.00
- Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
- Common Amenities: Spa Hot Tub
- SqFt Approximate Building Total: 3415
Unit 1 Information
- Unit Type 1 Baths Total: 3
- Unit Type 1 Beds Total: 3
- Unit Type 1 Features: Dishwasher, Disposal, Hardwood Floors, Range
- Unit Type 1 Rent: $0
- Unit Type 1 SqFt: 1639.0
- Unit Type 1 Units Total: 1
Unit 2 Information
- Unit Type 2 Baths Total: 1
- Unit Type 2 Beds Total: 2
- Unit Type 2 Features: Dishwasher, Disposal, Refrigerator, Storage
- Unit Type 2 Rent: $1,700
- Unit Type 2 SqFt: 934.0
- Unit Type 2 Units Total: 1
Unit 3 Information
- Unit Type 3 Baths Total: 1
- Unit Type 3 Beds Total: 1
- Unit Type 3 Features: Air Conditioning, Furnished
- Unit Type 3 Rent: $1,375
- Unit Type 3 SqFt: 462.0
- Unit Type 3 Units Total: 1
Unit 4 Information
- Unit Type 4 Baths Total: 1
- Unit Type 4 Beds Total: 0
- Unit Type 4 Features: Furnished
- Unit Type 4 Rent: $1,375
- Unit Type 4 SqFt: 380
- Unit Type 4 UnitsTotal: 1
Schools near 2416 Southeast 34th 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 - | PK to 5 |
Rating | School | Distance |
|---|---|---|
Abernethy Elementary School PublicK to 5 | ||
Hosford Middle School Public6 to 8 | ||
Cleveland High School Public9 to 12 | ||
Richmond Elementary School PublicPK 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Richmond
Neighborhoods
Cities
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 John L. Scott
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 09:30 AM
