3618 North Albina Avenue

Portland, OR 97227

$899,900
Price
—
Beds
2,175 Sq. Ft.
$414 / Sq. Ft.
2,175
Sq. Ft.
$414
per Sq. Ft.

Description

2 units! Major income producing properties. Airbnb & VRBO ready. A gorgeous Victorian main residence PLUS newly constructed detached loft just one block from the popular Mississippi Ave. Perfectly located one block from shops, bars, coffee and top rated restaurants, this property is a must see. The main residence offers tons of natural light emphasizing the tall ceilings throughout the main level. All new finishes and so much more will make you feel happy to be home as soon as you step inside. Retreat...2 units! Major income producing properties. Airbnb & VRBO ready. A gorgeous Victorian main residence PLUS newly constructed detached loft just one block from the popular Mississippi Ave. Perfectly located one block from shops, bars, coffee and top rated restaurants, this property is a must see. The main residence offers tons of natural light emphasizing the tall ceilings throughout the main level. All new finishes and so much more will make you feel happy to be home as soon as you step inside. Retreat downstairs to your rec room, 3rd bedroom and large laundry area. This property has convenient alley access with ideal parking for the main home and 2 story ADU loft (built in 2019). The ADU is a fantastic income producing property or can simply be enjoyed by your out of town guests when they visit. This luxury designed loft has vaulted ceilings and incredible natural light making this 620 square foot space feel much larger than imaginable. Both units are being sold FULLY FURNISHED. Contact us for a tour!
  1. Listed by Dustin Funes • Premiere Property Group, LLC

Property Details for 3618 North Albina Avenue

Subdivision
MISSISSIPPI / WILLIAMS
Parking Features
Off Street, Paved
Zoning
RM1
Garage Spaces
.00
Parking Total
2.00
LISTING UPDATED: 11/12/2024 12:20 PM

Property Details for 3618 North Albina Avenue

StatusActive
MLS #24545466
Days on Market186
Taxes$5,810 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1907
Lot Size0.10 AC / 4,356 SF
CountyMultnomah County

Building Information for 3618 North Albina Avenue

Stories2Residences2Year Built1907Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 3618 North Albina Avenue

Summary
Location and General Information
  • Country: US
  • Directions: From Fremont St - North on Albina - Parking available from Alley in rear of home
  • Road Surface: Paved
School Information
  • Elementary School: Boise-Eliot
  • High School: Jefferson
  • Middle Or Junior School: Harriet Tubman
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $5,810.11
  • Parcel Number: R131292
  • Tax Legal Description: CENTRAL ALBINA, BLOCK 31, N 1/2 OF LOT 15, S 16 1/2' OF LOT 16
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: 1907
Utilities
  • Cooling Description: Central Air, Mini Split
  • Fuel Description: Gas
  • Heating Description: Forced Air95Plus, Mini Split
  • Hot Water Description: Gas, Tankless
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Partially Finished
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $93,033.00
  • Gross Income Projected: $108,000.00
  • Gross Rent Multiplier: $9.67
  • Investor Information: Rent Records
  • Net Income Actual: $78,033.00
  • Net Income Projected: 90000
  • Operating Expenses Projected: $18,000.00
  • Operating Expense: $15,000.00
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 2175
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Air Conditioning, Furnished, Hardwood Floors, Washer Dryer
  • Unit Type 1 Rent: $4,300
  • Unit Type 1 SqFt: 1555.0
  • 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: 1
  • Unit Type 2 Features: Air Conditioning, Furnished, Range, Washer Dryer
  • Unit Type 2 Rent: $3,450
  • Unit Type 2 SqFt: 620.0
  • Unit Type 2 Units Total: 1

Property History for 3618 North Albina 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 3618 North Albina Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$5,810 ($484 / month)
Home Facts
Beds1Baths1Total Finished SqFt1,003 SqFtAbove Grade Finished SqFt1,003 SqFtUnfinished Basement SqFt552 SqFtStories1Lot Size4,150 SqFtStyleSingle Family ResidenceYear Built1907ZoningR2ACountyMULTNOMAHAPN1N1E22CD 16300

Schools near 3618 North Albina Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Boise-Eliot Elementary School
Public - PK to 5
Harriet Tubman Middle School
Public - 6 to 8
Grant High School
Public - 9 to 12
Jefferson High School
Public - 9 to 12
Rating
School
Distance
Boise-Eliot Elementary School
PublicPK to 5

Harriet Tubman Middle School
Public6 to 8

Grant High School
Public9 to 12

Jefferson 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.

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More information about 3618 North Albina Avenue, Portland, OR 97227

3618 North Albina Avenue is a multi-family home for sale in Portland, OR 97227. This property was listed for sale on May 15, 2024 by Premiere Property Group, LLC, it's currently listed at $899,900. It has been on the market for a total of 186 days and was last sold on August 1, 2018. This listing's school district is Portland School District 1j. Nearby schools include Boise-Eliot Elementary School, Harriet Tubman Middle School and Grant High School. 3618 North Albina Avenue is a 0-bed, 0-bath, 2,175 sqft multi-family home built in 1907.

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 Premiere Property Group, 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: 11/12/2024 12:20 PM