5136 SE 17TH AVE Portland, OR $ 2,300,000
5136 SE 17TH AVE
$ 2,300,000
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5136 SE 17TH AVE

Portland, OR, 97202
$ 2,300,000
Bedrooms16 Baths10.0

Monthly Estimate*

$ 16,066

5136 SE 17TH AVE, Portland, OR 97202 - Image 1
5136 SE 17TH AVE, Portland, OR 97202 - Image 2
5136 SE 17TH AVE, Portland, OR 97202 - Image 3
5136 SE 17TH AVE, Portland, OR 97202 - Image 4
5136 SE 17TH AVE, Portland, OR 97202 - Image 5
5136 SE 17TH AVE, Portland, OR 97202 - Image 6
5136 SE 17TH AVE, Portland, OR 97202 - Image 7
5136 SE 17TH AVE, Portland, OR 97202 - Image 8

Multi-Family Home for sale in Portland, OR

for $2,300,000 with 16 bedrooms and 10 full baths. This home was built in 1975 on a lot size of 0.23.

Amazing location for this 10 unit investment property! 6 2 bedroom and 4 1 bedroom units which have been remodeled to include newer cabinets, granite countertops, tile flooring along with laminate flooring, and fresh coat of paint in each unit as well as the exterior of the building. Steady income producing property with room to raise rents. Potential development opportunity of up to 60 units. Buyer to do their due diligence. Seller to do 1031 exchange at no cost to the buyer.

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Multi-Family Active

Price

$ 2,300,000

Bedrooms

16

Full Bath

10

Property Type

Multi-Family

Taxes

$ 16,946

Style

Lot Size

0.23

Year Built

1975

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

24387000

Features
General
Sewer PublicSewer
Heating Baseboard WallHeater
Cooling None
Roof Composition
Zoning CE
Garage Spaces 0
Year Built 1975
Stories 2
Tax Year 2023
Gross Income 142559.0
Community Features Laundry
County Multnomah
Net Operating Income 105260.0
Operating Expense 37299.0
Property Type MultiFamily
Rent Includes None
Status Active
Directions S 99 to 17th ave
City Portland
Total Units 10
MLS Area _143
Lot Size Square Feet 10018.0
Street Name 17TH
Listing Terms CallListingAgent Cash Conventional
Tax Annual Amount 16946.7
Middle/Junior High School Sellwood
Property Condition UpdatedRemodeled
Days on Market 77
Standard Status Active
Legal Description HOLGATE ADD BLOCK 8 LOT 4&5
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Interior
Basement CrawlSpace
Storage Attached
Hot Water Electricity
Unit 10 Beds Total 2
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit 4 Baths Total 1
Unit 4 Beds Total 1
Unit 5 Beds Total 2
Unit 6 Beds Total 2
Unit 7 Beds Total 2
Unit 8 Beds Total 2
Unit 9 Beds Total 2
Street Suffix AVE
Unit Type UnitTypeType1 UnitTypeType10 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6 UnitTypeType7 UnitTypeType8 UnitTypeType9
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Exterior
Parking Features Paved
Lot Features Level
Water Source PublicWater
Exterior Description CementSiding
Foundation Details ConcretePerimeter
Lot Size Acres 0.23
Road Surface Type Paved
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Internal Only
Street Number 1 5136
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* Excluded Features
List By
24/7 Properties

Broker

george@247prop.com

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Affordability Calculator

$17,478
Per Month
92%
8%
0%
Monthly Principal & Interest
$16,066
Monthly Property Taxes
$1,412
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949264 Elementary School
4568118 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2024$2,300,000 -4.17% Price Down
2/9/2024$2,400,000 Listed Price

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5136 SE 17TH AVE, Portland, OR, 97202 is a Multi-Family Home for sale at $2,300,000 with a lot size of 0.23. 5136 SE 17TH AVE has 16 bedrooms, 10.0 baths, and was built in 1975. The property's zip code is 97202 which is in Portland, OR