5153 Northeast Killingsworth Street

Portland, OR 97218

$875,000
Price
Beds
3,328 Sq. Ft.
$263 / Sq. Ft.
3,328
Sq. Ft.
$263
per Sq. Ft.

Description

Don't miss out on this incredible opportunity for a prime investment property: well-maintained 4-Plex that promises consistent cash flow. Each unit boasts spacious townhouse style 2-bedroom layouts with w/d hookups, attached storage, shared yard, and assigned parking -- ideal for attracting quality tenants and maximizing rental income. Currently owner-managed, this property features newer exterior siding and modern stainless-steel appliances in most units, ensuring renter satisfaction and minimizing...Don't miss out on this incredible opportunity for a prime investment property: well-maintained 4-Plex that promises consistent cash flow. Each unit boasts spacious townhouse style 2-bedroom layouts with w/d hookups, attached storage, shared yard, and assigned parking -- ideal for attracting quality tenants and maximizing rental income. Currently owner-managed, this property features newer exterior siding and modern stainless-steel appliances in most units, ensuring renter satisfaction and minimizing maintenance costs. With solid renters already in place and commanding market-rate rents, this investment is a seamless addition to any portfolio. Convenience is key with off-street parking available and excellent proximity to essential amenities. Situated just steps away from the NE 42nd bus line, local stores, and cafes, tenants enjoy easy access to everyday necessities. Plus, with Fernhill Park, New Seasons, and the iconic Kennedy School McMennamins nearby, tenants have ample recreational and entertainment options at their fingertips. This 4-Plex offers a hassle-free investment opportunity in a sought-after location. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10225971]
  1. Listed by Vanessa Calvert • Cascade Hasson Sotheby's International Realty

Property Details for 5153 Northeast Killingsworth Street

Subdivision
CULLY
Parking Features
Assigned
Zoning
RM-1
Garage Spaces
.00
Parking Total
5.00
LISTING UPDATED: 08/14/2024 05:37 PM

Property Details for 5153 Northeast Killingsworth Street

StatusActive
MLS #24037645
Days on Market254
Taxes$9,598 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1984
Lot Size0.21 AC / 9,147 SF
CountyMultnomah County

Building Information for 5153 Northeast Killingsworth Street

Stories2Residences4Year Built1984Building Size-Lot Size0.21 AC / 9,147 SF

Property Information for 5153 Northeast Killingsworth Street

Summary
Location and General Information
  • Country: US
  • Directions: Set back off Killingsworth down private drive. Turn N off of Killingsworth onto 50th Pl towards 5123
  • Road Surface: Paved
School Information
  • Elementary School: Rigler
  • High School: Leodis Mc Daniel
  • Middle Or Junior School: Beaumont
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $9,597.57
  • Parcel Number: R113608
  • Tax Legal Description: BEE'S ADDITION, LOT 4, INC UND 1/4 INT TRACT A
Property
Lot Information
  • Acres: 0.21
  • Lot Description: Gentle Sloping
  • Lot Size Square Feet: 9147.0
  • 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
  • Property Condition: Approximately
  • Year Built: 1984
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • 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, Shingle
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $69,012.00
  • Gross Income Projected: $71,760.00
  • Gross Rent Multiplier: $12.68
  • Investor Information: According To Owner
  • Net Income Actual: $52,232.00
  • Operating Expense: $16,780.00
  • Security Features: None
  • Storage: Attached
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • SqFt Approximate Building Total: 3328
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $1,495
  • Unit Type 1 SqFt: 832.0
  • 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, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 2 Rent: $1,270
  • Unit Type 2 SqFt: 832.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 3 Rent: $1,495
  • Unit Type 3 SqFt: 832.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 4 Rent: $1,495
  • Unit Type 4 SqFt: 832
  • Unit Type 4 UnitsTotal: 1

Schools near 5153 Northeast Killingsworth Street

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 - 9 to 12
Rating
School
Distance
Rigler Elementary School
PublicK to 5

Beaumont Middle School
Public6 to 8

Leodis V. McDaniel High School
Public9 to 12

Alliance 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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5153 Northeast Killingsworth Street is a multi-family home for sale in Portland, OR 97218. This property was listed for sale on March 15, 2024 by Cascade Hasson Sotheby's International Realty, it's currently listed at $875,000. This listing's school district is Portland School District 1j. Nearby schools include Rigler Elementary School, Beaumont Middle School and Leodis V. McDaniel High School. 5153 Northeast Killingsworth Street is a 0-bed, 0-bath, 3,328 sqft multi-family home built in 1984.

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 Cascade Hasson Sotheby's International Realty

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: 08/14/2024 05:37 PM