3755 South Hood Avenue
Portland, OR 97239
$3,740,000
Last Sold Price
—
Beds
9,695 Sq. Ft.
$386 / Sq. Ft.
9,695
Sq. Ft.
$386
per Sq. Ft.
Sold 11/8/24
Virtual Tour
Sold 11/8/24
Virtual Tour
Description
Invest in your future with this exceptional opportunity to acquire an impressive new 18-unit apartment building crafted by a trusted local builder. Located in the vibrant South Waterfront district, this property offers unparalleled access to Portland's finest dining, coffee shops, and is just moments from downtown and OHSU. Each unit is meticulously designed with high-end finishes and boasts tall ceilings and an open floor plan that bathes the interiors in natural light. Designer tones complement...Invest in your future with this exceptional opportunity to acquire an impressive new 18-unit apartment building crafted by a trusted local builder. Located in the vibrant South Waterfront district, this property offers unparalleled access to Portland's finest dining, coffee shops, and is just moments from downtown and OHSU. Each unit is meticulously designed with high-end finishes and boasts tall ceilings and an open floor plan that bathes the interiors in natural light. Designer tones complement the stylish aesthetic, and select units feature coveted covered patios or balconies for outdoor enjoyment. Inside, custom cabinetry, stainless-steel appliances, and convenient stackable washer/dryer units ensure modern comfort and convenience. Residents will appreciate additional amenities such as bike storage and a dedicated trash area, enhancing the appeal of this prime investment opportunity. With a 1-year builder warranty included for peace of mind, this property represents a secure and attractive addition to any investment portfolio. Don't miss out on this chance to own a premier apartment complex in one of Portland's most sought-after locations.
- Listed by Darryl Bodle • Keller Williams Realty Portland Premiere
- Listed by Kelly Christian • Keller Williams Realty Portland Premiere
Property Details for 3755 South Hood Avenue
Subdivision
SOUTH PORTLAND
ZoningRM3
ViewCity, Trees Woods
LISTING UPDATED: 11/08/2024 02:46 PM
Property Details for 3755 South Hood Avenue
| Status | Sold |
|---|---|
| MLS # | 24029999 |
| Days on Market | 35 |
| Taxes | $13,543 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 2024 |
| Lot Size | 0.11 AC / 4,791 SF |
| County | Multnomah County |
Virtual Tour
Building Information for 3755 South Hood Avenue
Stories4Residences18Year Built2024Building Size-Lot Size0.11 AC / 4,791 SF
Property Information for 3755 South Hood Avenue
Summary
Location and General Information
- Country: US
- Directions: Corner of S Hood Ave & S Lane St
- Road Surface: Paved
School Information
- Elementary School: Capitol Hill
- High School: Ida B Wells
- Middle Or Junior School: Jackson
Taxes and HOA
- Tax Year: 2023
- Tax Annual Amount: $13,542.63
- Parcel Number: R129249
- Tax Legal Description: CARUTHERS ADD, BLOCK 161, LOT 3
Virtual Tour
- Video Virtual Tour 1 URL: https://youtu.be/hOy_c-Ch9cQ
- Video Virtual Tour 2 URL: https://youtu.be/s9zA0D_P6LI
Property
Lot Information
- Acres: 0.11
- Lot Description: Corner Lot
- Lot Size Square Feet: 4791.0
- Lot Size Dimension: 100' x 50'
- Lot Size Range: Sq Ft5000to6999
- Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
- Property Type: Multi Family
- Water Description: Public Water
- Property Condition: New Construction
- Year Built: 2024
Utilities
- Cooling Description: Mini Split
- Fuel Description: Electricity
- Heating Description: Zoned
- Hot Water Description: Electricity
- Sewer Description: Public Sewer
- Rent Includes: None
Interior and Exterior Features
Exterior Features
- Exterior Description: Cement Siding
- Roof Type: Metal
Interior Features
- Foundation Details: Slab
- Stories: 4
Multi Family
Multi-Family Information
- Number Of Units Total: 18
- Gross Income Actual: $284,022.00
- Gross Rent Multiplier: $14.08
- Net Income Actual: $207,025.00
- Operating Expense: $76,997.00
- Unit Type Type: Unit Type Type1, Unit Type Type10, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6, Unit Type Type7, Unit Type Type8, Unit Type Type9
- SqFt Approximate Building Total: 9695
Unit 1 Information
- Unit Type 1 Baths Total: 1
- Unit Type 1 Baths Decimal: 1.00
- Unit Type 1 Beds Total: 0
- Unit Type 1 Features: Dishwasher, Microwave, Range, Washer Dryer
- Unit Type 1 Rent: $950
- Unit Type 1 SqFt: 245.0
- 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: 0
- Unit Type 2 Features: Dishwasher, Microwave, Range, Washer Dryer
- Unit Type 2 Rent: $975
- Unit Type 2 SqFt: 285.0
- Unit Type 2 Units Total: 4
Unit 3 Information
- Unit Type 3 Baths Total: 1
- Unit Type 3 Baths Decimal: 1.00
- Unit Type 3 Beds Total: 0
- Unit Type 3 Features: Dishwasher, Microwave, Range, Washer Dryer
- Unit Type 3 Rent: $995
- Unit Type 3 SqFt: 315.0
- Unit Type 3 Units Total: 2
Unit 4 Information
- Unit Type 4 Baths Total: 1
- Unit Type 4 Baths Decimal: 1.00
- Unit Type 4 Beds Total: 0
- Unit Type 4 Features: Dishwasher, Microwave, Range, Washer Dryer
- Unit Type 4 Rent: $1,095
- Unit Type 4 SqFt: 385
- Unit Type 4 UnitsTotal: 2
Unit 5 Information
- Unit Type 5 Baths Total: 1
- Unit Type 5 Baths Decimal: 1.00
- Unit Type 5 Beds Total: 1
- Unit Type 5 Features: Dishwasher, Microwave, Range, Washer Dryer
- Unit Type 5 Rent: $1,495
- Unit Type 5 SqFt: 420.0
- Unit Type 5 Units Total: 1
Unit 6 Information
- Unit Type 6 Baths Total: 1
- Unit Type 6 Baths Decimal: 1.00
- Unit Type 6 Beds Total: 1
- Unit Type 6 Features: Dishwasher, Microwave, Range, Washer Dryer
- Unit Type 6 Rent: $1,295
- Unit Type 6 SqFt: 454.0
- Unit Type 6 Units Total: 2
Unit 7 Information
- Unit Type 7 Baths Total: 1
- Unit Type 7 Baths Decimal: 1.00
- Unit Type 7 Beds Total: 1
- Unit Type 7 Features: Dishwasher, Microwave, Range, Washer Dryer
- Unit Type 7 Rent: $1,650
- Unit Type 7 SqFt: 485
- Unit Type 7 Units Total: 1
Unit 8 Information
- Unit Type 8 Baths Total: 1
- Unit Type 8 Baths Decimal: 1.00
- Unit Type 8 Beds Total: 1
- Unit Type 8 Features: Dishwasher, Microwave, Range, Washer Dryer
- Unit Type 8 Rent: $1,625
- Unit Type 8 SqFt: 548.0
- Unit Type 8 Units Total: 2
Unit 9 Information
- Unit Type 9 Baths Total: 1
- Unit Type 9 Baths Decimal: 1.00
- Unit Type 9 Beds Total: 1
- Unit Type 9 Features: Dishwasher, Microwave, Range, Washer Dryer
- Unit Type 9 Rent: $1,695
- Unit Type 9 SqFt: 575.0
- Unit Type 9 Units Total: 2
Unit 10 Information
- Unit Type 10 Baths Total: 1
- Unit Type 10 Baths Decimal: 1.00
- Unit Type 10 Beds Total: 1
- Unit Type 10 Features: Dishwasher, Microwave, Range, Washer Dryer
- Unit Type 10 Rent: $1,795
- Unit Type 10 SqFt: 656.0
- Unit Type 10 Units Total: 1
Property History for 3755 South Hood Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3755 South Hood Avenue
Taxable ValueLand-Additions-Total-
Tax Record2024$29,325 ($2,444 / month)
Home Facts
Baths2Total Finished SqFt9,695 SqFtAbove Grade Finished SqFt9,695 SqFtStories2Lot Size5,000 SqFtStyleMulti-Family Res (5+ Units)Year Built2023ZoningRHCountyMULTNOMAHAPN1S1E10CA 01200Fireplace TypeHas Fireplace
Schools near 3755 South Hood 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 |
|---|---|---|
Capitol Hill Elementary School PublicK to 5 | ||
Jackson Middle School Public6 to 8 | ||
Ida B. Wells-Barnett 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.
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Listing Courtesy of Keller Williams Realty Portland Premiere
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