8218 Southeast Washington Street

Portland, OR 97216

$729,888
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Introducing 8218 SE Washington Street, a triplex located in the sought-after Montavilla neighborhood of Portland, OR. Built in 1997, this three-unit property consists of one 3-bedroom unit and two 2-bedroom units, each featuring two baths and a private attached garage. With rents currently below market, there is significant potential for increased revenue, making this an excellent investment opportunity.Introducing 8218 SE Washington Street, a triplex located in the sought-after Montavilla neighborhood of Portland, OR. Built in 1997, this three-unit property consists of one 3-bedroom unit and two 2-bedroom units, each featuring two baths and a private attached garage. With rents currently below market, there is significant potential for increased revenue, making this an excellent investment opportunity.
  1. Listed by Greg Messick • RealtyNET, LLC

Property Details for 8218 Southeast Washington Street

Parking Features
Detached, Garage
Zoning
CG
Parking Total
4.00
LISTING UPDATED: 11/15/2024 10:58 AM

Property Details for 8218 Southeast Washington Street

StatusActive
MLS #24521965
Days on Market112
Taxes$11,177 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1997
Lot Size0.12 AC / 5,227 SF
CountyMultnomah County

Building Information for 8218 Southeast Washington Street

Stories2Residences3Year Built1997Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 8218 Southeast Washington Street

Summary
Location and General Information
  • Country: US
  • Directions: SE Washington St
  • Road Surface: Paved
School Information
  • Elementary School: Harrison Park
  • High School: Franklin
  • Middle Or Junior School: Harrison Park
Taxes and HOA
  • Management Name: Yuriy Chubok
  • Management Phone: 971-200-0686
  • Tax Year: 2024
  • Tax Annual Amount: $11,177.08
  • Parcel Number: R281400
  • Tax Legal Description: SUNRISE PK, BLOCK 2, LOT 7&8
Property
Lot Information
  • Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • 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: Existing
  • Year Built: 1997
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Electricity
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding
  • Roof Type: Composition
Interior Features
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $53,860.00
  • Gross Rent Multiplier: $13.55
  • Net Income Actual: $34,478.00
  • Operating Expense: $.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Baths Decimal: 2.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Rent: $1,575
  • Unit Type 1 SqFt: 864.0
  • Unit Type 1 Units Total: 2
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Baths Decimal: 2.00
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Rent: $1,770
  • Unit Type 2 SqFt: 996.0
  • Unit Type 2 Units Total: 1

Public Records for 8218 Southeast Washington Street

Taxable ValueLand-Additions-Total-
Tax Record2017$7,505 ($625 / month)
Home Facts
Beds7Baths6Above Grade Finished SqFt2,856 SqFtStories2Lot Size5,250 SqFtStyleSingle Family ResidenceYear Built1997Year Renovated1997ZoningCGCountyMULTNOMAHAPNR281400

Schools near 8218 Southeast Washington Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Charter - K to 5
Public - K to 8
Rating
School
Distance
Harrison Park School
PublicK to 8

Leodis V. McDaniel High School
Public9 to 12

Portland Arthur Academy Charter School
CharterK to 5

Creative Science 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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8218 Southeast Washington Street is a multi-family home for sale in Portland, OR 97216. This property was listed for sale on November 14, 2024 by RealtyNET, LLC, it's currently listed at $729,888. This listing's school district is Portland School District 1j. Nearby schools include Harrison Park School, Leodis V. McDaniel High School and Portland Arthur Academy Charter School. 8218 Southeast Washington Street is a 0-bed, 0-bath, multi-family home built in 1997.

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 RealtyNET, LLC

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