4450 NE 38TH AVE Portland, OR $ 1,450,000
4450 NE 38TH AVE
$ 1,450,000
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4450 NE 38TH AVE

Portland, OR, 97211
$ 1,450,000
Bedrooms11 Baths5.4 Sq 4,948

Monthly Estimate*

$ 9,637

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Single Family Home for sale in Portland, OR

for $1,450,000 with 11 bedrooms and 5 full baths, 4 half baths. This 4,948 square foot home was built in 1942 on a lot size of 0.12.

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.

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Single Family Active

Price

$ 1,450,000

Bedrooms

11

Full Bath

5

Half Bath

4

Property Type

Single Family

Taxes

$ 13,642

Style

English

Lot Size

0.12

Year Built

1942

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

23382743

Features
General
Interior Features HardwoodFloors HeatedTileFloor HighCeilings Laundry SeparateLivingQuartersApartmentAuxLivingUnit VaultedCeiling
Sewer PublicSewer
Heating MiniSplit
Cooling Other
Roof Composition
Appliances Dishwasher FreeStandingRange FreeStandingRefrigerator RangeHood
Exterior Features Patio Yard
Zoning R5
Garage Spaces 0
Architectural Style English
Year Built 1942
Stories 3
Property SubType SingleFamilyResidence
Tax Year 2023
County Multnomah
Property Type Residential
Subdivision Name Wilshire/ Beaumont
Status Active
Directions Between Skidmore and Prescott
High School Jefferson
City Portland
Disclosures Disclosure
MLS Area _142
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional
Elementary School Vernon
Tax Annual Amount 13642.34
Middle/Junior High School Vernon
Property Condition Approximately
Days on Market 357
Standard Status Active
Legal Description SECTION 24 1N 1E TL 9400 0.12 ACRES
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Interior
Basement Finished FullBasement SeparateLivingQuartersApartmentAuxLivingUnit
Total Fireplaces 2
Fireplace Features WoodBurning
Hot Water Electricity
Window Features DoublePaneWindows VinylFrames
Full Baths 5
Total Bathrooms 5.4
Total Bedrooms 11
Total Baths 9
1/2 Baths 4
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Exterior
Parking Features Driveway OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 4948.0
Lot Dimensions 62 X 97
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 4450
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* Excluded Features
List By
John L. Scott Ne Portland

Broker

israelhill@johnlscott.com

Email

Affordability Calculator

$10,774
Per Month
89%
11%
0%
Monthly Principal & Interest
$9,637
Monthly Property Taxes
$1,137
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1951195 Elementary School
1949638 Middle School
Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2024$1,450,000 -2.36% Price Down
2/21/2024$1,485,000 -0.67% Price Down
10/9/2023$1,495,000 -3.24% Price Down
8/2/2023$1,545,000 -3.13% Price Down
6/22/2023$1,595,000 Listed Price

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4450 NE 38TH AVE, Portland, OR, 97211 is a Single Family Home for sale at $1,450,000 with 4,948 sqft and a lot size of 0.12. 4450 NE 38TH AVE has 11 bedrooms, 5.4 baths, and was built in 1942. The property's zip code is 97211 which is in Portland, OR