694 Northwest Joy Avenue

Portland, OR 97229

$799,000
Price
—
Beds
2,592 Sq. Ft.
$308 / Sq. Ft.
2,592
Sq. Ft.
$308
per Sq. Ft.
a view of backyard with green space
an aerial view of a
an aerial view of residential houses with outdoor space
an aerial view of residential houses with outdoor space and street view
a view of a house with a yard
a view of a house with swimming pool
a backyard of a house
a view of a yard in front of a house with a large tree
a view of outdoor space yard and deck
a view of a house with backyard and a tree
a view of a house with a backyard
an aerial view of a house with swimming pool
an aerial view of a house with garden space and outdoor seating
a car parked on the side of a street
a view of a city
a view of a city
a view of city
a view of a city
a view of a city
a view of a city
a view of city and mountain
an aerial view of residential houses with outdoor space and ocean view
an aerial view of residential houses with city and mountain view in back
a view of a city

Description

Excellent investment opportunity in amazing location in sought-after Cedar Mill. Single-level Triplex with 2 Bedrooms, 1 Bathroom per unit. Recent capital improvements include NEW tear-off roof in 2021 (10-year transferrable warranty), NEW electrical panels in each unit in 2022. Unit 690 updates include interior paint, flooring & washer/dryer in October 2023. Assigned parking + additional parking spaces. Easy access to shopping, dining, mass transit. 0.2 mile to bus stop & 2.7 miles to MAX Light...Excellent investment opportunity in amazing location in sought-after Cedar Mill. Single-level Triplex with 2 Bedrooms, 1 Bathroom per unit. Recent capital improvements include NEW tear-off roof in 2021 (10-year transferrable warranty), NEW electrical panels in each unit in 2022. Unit 690 updates include interior paint, flooring & washer/dryer in October 2023. Assigned parking + additional parking spaces. Easy access to shopping, dining, mass transit. 0.2 mile to bus stop & 2.7 miles to MAX Light Rail Station. Walk Score 83. Development potential - Zoned TO:RC - Transit Oriented Retail Commercial District. Property to be sold in tandem with additional Triplex across the courtyard, see MLS# 24553472. Combined tax lots total 14,880 square feet. Fantastic opportunity! Please do not disturb tenants.
  1. Listed by Jessica Corcoran • ELEETE Real Estate
  2. Listed by Christopher Kuehl • ELEETE Real Estate

Property Details for 694 Northwest Joy Avenue

Subdivision
CEDAR MILL
Parking Features
Assigned, On Street
Zoning
TO:RC
Garage Spaces
.00
Parking Total
5.00
LISTING UPDATED: 10/14/2024 03:23 PM

Property Details for 694 Northwest Joy Avenue

StatusActive
MLS #24444756
Days on Market83
Taxes$4,579 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1959
Lot Size-
CountyWashington County

Building Information for 694 Northwest Joy Avenue

Stories1Residences3Year Built1959Building Size-Lot Size-

Property Information for 694 Northwest Joy Avenue

Summary
Location and General Information
  • Country: US
  • Directions: NW Cornell Rd, S on NW Joy Ave
  • Road Surface: Paved
School Information
  • Elementary School: Terra Linda
  • High School: Sunset
  • Middle Or Junior School: Tumwater
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $4,578.54
  • Parcel Number: R636208
  • Tax Legal Description: GREDVIG'S SUBDIVISION, BLOCK 1, LOT PT 5
Property
Lot Information
  • Lot Description: Level
  • 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: Existing
  • Year Built: 1959
Utilities
  • Fuel Description: Electricity
  • Heating Description: Ceiling, Zoned
  • Hot Water Description: Tank
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cedar
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $57,420.00
  • Gross Rent Multiplier: $13.92
  • Investor Information: According To Owner, Incomplete, Profit Loss Statement
  • Net Income Actual: $40,265.00
  • Operating Expense: $17,154.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • Common Amenities: Front Yard Landscaping
  • SqFt Approximate Building Total: 2592
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,595
  • Unit Type 1 SqFt: 864.0
  • 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: Range, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,530
  • Unit Type 2 SqFt: 864.0
  • 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: Range, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $1,230
  • Unit Type 3 SqFt: 864.0
  • Unit Type 3 Units Total: 1

Public Records for 694 Northwest Joy Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$4,579 ($382 / month)
Home Facts
Lot Size7,339 SqFtStyleMulti-Family Res (5+ Units)ZoningRCCountyWASHINGTONAPN1N133DB-05102

Schools near 694 Northwest Joy Avenue

This home is within Beaverton School District 48j.
Rating
School
Type
Grades
Distance
Terra Linda Elementary School
Public - K to 5
Tumwater Middle School
Public - 6 to 8
Sunset High School
Public - 9 to 12
Flex Online School
Public - K to 12
Rating
School
Distance
Terra Linda Elementary School
PublicK to 5

Tumwater Middle School
Public6 to 8

Sunset High School
Public9 to 12

Flex Online School
PublicK 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 694 Northwest Joy Avenue, Portland, OR 97229

694 Northwest Joy Avenue is a multi-family home for sale in Portland, OR 97229. This property was listed for sale on October 8, 2024 by ELEETE Real Estate, it's currently listed at $799,000. This listing's school district is Beaverton School District 48j. Nearby schools include Terra Linda Elementary School, Tumwater Middle School and Sunset High School. 694 Northwest Joy Avenue is a 0-bed, 0-bath, 2,592 sqft multi-family home built in 1959.

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 ELEETE Real Estate

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: 10/14/2024 03:23 PM