4450 Ne 38th Ave | $1,485,000 | Active
Property Map
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Listing courtesy of John L. Scott NE Portland.
Description
Fantastic property located in NE Portland. 11 bedrooms, 5 full baths, and 4 half baths and 3 kitchens, one on each level. Updates with tasteful additions, and extremely well maintained. Investor opportunity with solid cash flow and a 8.05 cap rate. Rented fully as a care home. ADA friendly home, featuring accessibility amenities including an approach with ramp, accessible doors and hallways, main floor bedrooms with baths and walk in showers. High vaulted ceilings in back unit and lots of natural light on the upper floor and hardwoods throughout the main floor with many period details such as coved ceilings, two fireplaces and built-ins. All rooms are equipped with high end Mini-splits and energy efficient double pane vinyl windows. Great opportunity to own a high income producing property close to Wilshire Park, Beaumont Village and a short distance to Alberta Arts.
Property Map
Property Details and Features
Property Access
- Road Surface Type: Paved
Appliances & Equipment
- Appliances: Dishwasher,FreeStandingRange,FreeStandingRefrigerator,RangeHood
Basement
- Basement: Finished,FullBasement,SeparateLivingQuartersApartmentAuxLivingUnit
Bathrooms
- 9 total baths
- 5 full bathrooms
- 4 partial baths
- 2 total lower level baths
- 2 lower level full baths
- 1 lower level partial bath
- 2 total main level baths
- 2 main level full baths
- 2 main level partial baths
- 1 upper level total baths
- 1 upper level full bath
- 1 upper level partial bath
Bedrooms
- 11 total bedrooms
Building
- Architectural Style: English
- Building Area Calculated: 3940
- Building Area Description: TRIO
- Building Area Total: 4948
- Built in 1942
- Lower Level Area Total: 1008
- Main Level Area Total: 2244
- Stories: 3
- Upper Level Area Total: 1696
Cooling
- Cooling: Other
Disclosures
- Disclosures: Disclosure
Exterior Features
- Exterior Description: WoodSiding
- Exterior Features: Patio,Yard
Fireplaces
- Fireplace Features: WoodBurning
- Fireplace Included
- Fireplaces Total: 2
Foundation
- Foundation Details: ConcretePerimeter
Heating
- Heating Available
- Heating: MiniSplit
Interior Features
- Features: HardwoodFloors,HeatedTileFloor,HighCeilings,Laundry,SeparateLivingQuartersApartmentAuxLivingUnit,VaultedCeiling
Listing
- Contract Status Change Date: 2023-06-22
- Days On Market: 309
- Last Transaction Date: 2024-04-24 11:10:04
- List Price: $1,485,000
- Listing Contract Date: 2023-06-22
- Listing Id: 23382743
- Mls Status: Active
- Modification Timestamp: 2024-04-24 11:10:04
- On Market Date: 2023-06-22
- Previous List Price: $1,495,000
- Rent Amount: $11,200
- Standard Status: Active
Location
- MLS Area Major: _142
- Subdivision Name: Wilshire/ Beaumont
- County Or Parish: Multnomah
Lot
- Features: Level
- Size Acres: 0.12
- Size Dimensions: 62 X 97
- Size Range: SqFt5000to6999
- Size Square Feet: 5,227
- Size: 5,000 to 6,999 SqFt
Parking
- Features: Driveway,OnStreet
Possession
- Possession: SubjectToTenantRights
Property
- Property Condition: Approximately
- Property Sub Type: SingleFamilyResidence
- Zoning: R5
Roof
- Roof: Composition
Schools
- High School: Jefferson
- Middle Or Junior School: Vernon
- Elementary School: Vernon
Sewer
- Sewer: PublicSewer
Taxes
- Annual Amount: $13,642
- Legal Description
- Tax Year: 2023
Utilities
- Fuel Description: Electricity
- Hot Water Description: Electricity
- Internet Service Type: Cable
- Water Source: PublicWater
Windows
- Features: DoublePaneWindows,VinylFrames
This content last updated on April 27, 2024 11:48. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.