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4642 SE MADISON ST Portland, OR $ 780,000
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$ 780,000 Get more info
4642 SE MADISON ST
$ 780,000
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Share Save

4642 SE MADISON ST

Portland, OR, 97215
$ 780,000
Bedrooms7 Baths5.0 Sq 4,292

Monthly Estimate*

$ 5,449

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Multi-Family Home for sale in Portland, OR

for $780,000 with 7 bedrooms and 5 full baths. This 4,292 square foot home was built in 2008 on a lot size of 0.11.

Fantastic turn key investment property. Low maintenance newer construction craftsman plus an impressive 5.74 cap rate and all in an A+ location, just off of SE Hawthorne Blvd.! Unit A consist of the top 3 floors and boasts 5 bedrooms and 3 1/2 baths. Spacious main floor living with lovely kitchen and eat area that opens to the fenced backyard. Unit B is the 1,085 square foot lower level and is a 2 bed 1 bath. Fully separate water and electricity for both units. And both fully rented with tenants that would love to stay.

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Multi-Family Pending

Price

$ 780,000

Bedrooms

7

Full Bath

5

Property Type

Multi-Family

Taxes

$ 13,482

Style

Lot Size

0.11

Year Built

2008

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

24313154
Features
General
Sewer PublicSewer
Heating ForcedAir90
Cooling CentralAir
Roof Composition
Zoning R5
Garage Spaces 0
Year Built 2008
Stories 4
Tax Year 2023
Gross Income 59100.0
County Multnomah
Net Operating Income 44777.0
Operating Expense 14323.0
Property Type MultiFamily
Subdivision Name SUNNYSIDE / HAWTHORNE
Rent Includes TrashCollection
Status Pending
Directions South of Hawthorne one block
High School Franklin
City Portland
Total Units 2
MLS Area _143
Lot Size Square Feet 4791.0
Street Name MADISON
Listing Terms Cash Conventional FHA VALoan
Elementary School Glencoe
Tax Annual Amount 13482.01
Middle/Junior High School Mt Tabor
Property Condition Approximately
Days on Market 41
Standard Status Pending
Legal Description SECTION 06 1S 2E TL 26200 0.11 ACRES
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Interior
Basement ExteriorEntry Finished SeparateLivingQuartersApartmentAuxLivingUnit
Storage Attached IndividualStorageUnits
Hot Water Gas
Unit 1 Baths Total 4
Unit 1 Beds Total 5
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Street Suffix ST
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway OffStreet
Lot Features Level
Water Source PublicWater
Total Parking 1.0
Exterior Description LapSiding
Foundation Details ConcretePerimeter
Building Area Total 4292.0
Lot Size Acres 0.11
Road Surface Type Paved
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Internal Only
Street Number 1 4642
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* Excluded Features
List By
Windermere Realty Trust

Broker

kcaplener@windermere.com

Email

Affordability Calculator

$6,572
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,449
Monthly Property Taxes
$1,124
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1951009 Elementary School
1948940 Middle School
Franklin High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/27/2024$780,000 Listed Price

Map

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4642 SE MADISON ST, Portland, OR, 97215 is a Multi-Family Home for sale at $780,000 with 4,292 sqft and a lot size of 0.11. 4642 SE MADISON ST has 7 bedrooms, 5.0 baths, and was built in 2008. The property's zip code is 97215 which is in Portland, OR

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