Listing courtesy of John L. Scott NE Portland.
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 with an 8.56 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.
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 with an 8.56 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.
Residential
SingleFamilyResidence
1942
3
--
0.12
Active
649
4,948 Sq. Ft.
5,227 Sq. Ft.
Location
- Yes
- WoodBurning
- HardwoodFloors, HeatedTileFloor, HighCeilings, Laundry, SeparateLivingQuartersApartmentAuxLivingUnit, VaultedCeiling
- Other
- MiniSplit
- Dishwasher, FreeStandingRange, FreeStandingRefrigerator, RangeHood
Israel Hill
John L. Scott NE Portland
Multnomah
23382743
SubjectToTenantRights
This content last updated on 04/01/2025 10:44 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Average List Price
$535,201
3%
Average Sale Price
$542,190
2%
Days on Market
40
5%
Homes Sold
75
22%
Median List Price
$500,000
5%
Median Sale Price
$518,000
3%
Sale/Price Ratio
101%
0%
Homes for Sale
60
12%
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All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 04/01/2025 10:44 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Listing content is © 2025 RMLS, Portland, Oregon.
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