3116 Southeast 7th Avenue

Portland, OR 97202

$525,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Charming duplex located in the popular Brooklyn area. Converted from single family and could be returned to single family use. Perfect investment opportunity. 87 walk score and 89 bike score, so you can get everywhere you need to be without a car. Vintage features make this building stand out. Spacious yard for outdoor entertaining.Charming duplex located in the popular Brooklyn area. Converted from single family and could be returned to single family use. Perfect investment opportunity. 87 walk score and 89 bike score, so you can get everywhere you need to be without a car. Vintage features make this building stand out. Spacious yard for outdoor entertaining.
  1. Listed by Chris Bonner • The Hasson Company
LISTING UPDATED: 07/01/2021 09:43 AM

Property Details for 3116 Southeast 7th Avenue

StatusSold
MLS #21165094
Days on Market25
Taxes$5,668 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1896
Lot Size-
CountyMultnomah County

Building Information for 3116 Southeast 7th Avenue

Stories3Residences2Year Built1896Building Size-Lot Size-

Property Information for 3116 Southeast 7th Avenue

Summary
Location and General Information
  • Area: Portland Southeast
  • Country: US
  • Directions: 1/2 Block South of Powell
  • Road Surface: Paved
  • Subdivision: Brooklyn
Parking
  • Parking Features: None
Taxes and HOA Information
  • FIRPTA Y/N: No
  • Tax Year: 2020
  • Tax Deferral YN: No
Virtual Tour
Property
Lot Information
  • Lot Description: On Busline, Level
  • Zoning: R2.5
Property and Assessments
  • Water Description: Public
  • Property Condition: Converted
Utilities
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Man Made, Shingle Siding
  • Roof Type: Composition
Interior Features
  • Basement: Exterior Entry,Unfinished,Storage Space
  • Foundation Details: Concrete Perimeter
  • View Y/N: No
Amenities
Amenities Information
  • Amenities Walk Score: 87
  • Amenities DistanceTo Bus Numeric: 0.2
  • Amenities DistanceTo Bus Units: Miles
  • Amenities DistanceTo Public Park Numeric: 0.5
  • Amenities DistanceTo Public Park Units: Miles
  • Amenities DistanceTo Public Rail Numeric: 0.75
  • Amenities DistanceTo Public Rail Units: Miles
  • Amenities DistanceTo Shopping Numeric: 0.5
  • Amenities DistanceTo Shopping Units: Miles
  • Amenities DistanceTo Waterfront Numeric: 0.5
  • Amenities DistanceTo Waterfront Units: Miles
Multi Family
Multi-Family Information
  • Common Amenities: Commons, Laundry
  • Gross Income Actual: $37,733
  • Gross Income Projected: $39,540
  • Gross Rent Multiplier: 14
  • Investor Information: Rent Records, Tax Returns Available
  • Net Income Actual: $20,379
  • Net Income Projected: $24,540
  • Occupancy Types: Month To Month, Vacant
  • Operating Expenses Actual: $17,278
  • Operating Expenses Projected: $15,000
  • SqFt Approximate Building Total: 2905
  • Storage: Basement
  • Unit Features: Deck, Dishwasher, Range, Refrigerator, Storage, Washer/Dryer
  • Unit Type Type: 1, 2
Unit 1
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Deck, Dishwasher, Storage, Washer/Dryer
  • Unit Type 1 Rent: $1,845
  • Unit Type 1 SqFt: 1168.0
  • Unit Type 1 Units Total: 1
Unit 2
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Range, Refrigerator, Storage, Washer/Dryer
  • Unit Type 2 Rent: $1,450
  • Unit Type 2 SqFt: 699.0
  • Unit Type 2 Units Total: 1

Property History for 3116 Southeast 7th 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 3116 Southeast 7th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$6,424 ($535 / month)
Home Facts
Baths2Total Finished SqFt1,867 SqFtAbove Grade Finished SqFt1,867 SqFtUnfinished Basement SqFt1,038 SqFtStories1Lot Size4,792 SqFtStyleDuplexYear Built1896ZoningR2.5CountyMULTNOMAHAPN1S1E11BC 04400

Schools near 3116 Southeast 7th 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 - K to 8
Rating
School
Distance
Grout Elementary School
PublicK to 5

Hosford Middle School
Public6 to 8

Cleveland High School
Public9 to 12

Winterhaven School
PublicK to 8

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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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 The Hasson Company

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: 07/01/2021 09:43 AM