5806 NE 16TH AVE Portland, OR $ 825,000
5806 NE 16TH AVE
$ 825,000
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5806 NE 16TH AVE

Portland, OR, 97211
$ 825,000
Bedrooms6 Baths3.0 Sq 3,762

Monthly Estimate*

$ 5,763

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Multi-Family Home for sale in Portland, OR

for $825,000 with 6 bedrooms and 3 full baths. This 3,762 square foot home was built in 1912 on a lot size of 0.11.

Beautiful 1912 3-Unit craftsman just 2 blocks west of Alberta Park and within half-mile from hot new development on lower Killingsworth and Alberta Street. The main level unit retains the original charm including wainscoting, high ceilings, box beams, fireplace and built ins. At the same time it has modern features like an updated kitchen (2016), built in dishwasher, stackable W/D and air conditioning. The upper 3-bedroom unit includes a private deck with views to the east, air conditioning and washer/dryer. The lower level unit is the most modern of all with features like polished concrete floors, Comfort Cove radiant heat, passive radon system, upgraded insulation for sound & comfort, open kitchen with quartz counters & new cabinetry. All units include newer tankless hot water heaters. Amazing Location with a walk score of 89 and a bike score of 98. Great LT or ST rental options!

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Multi-Family Active

Price

$ 825,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,446

Style

Lot Size

0.11

Year Built

1912

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

24011138

Features
General
Sewer PublicSewer
Heating ForcedAir MiniSplit Radiant
Cooling CentralAir MiniSplit
Roof Composition
Zoning R2.5
Year Built 1912
Stories 3
Tax Year 2023
Gross Income 74739.0
County Multnomah
Net Operating Income 57898.0
Operating Expense 16841.0
Property Type MultiFamily
Subdivision Name VERNON / ALBERTA ARTS
Rent Includes Sewer TrashCollection Water
Status Active
Directions At the corner of NE 16th and NE Jarrett
High School Jefferson
City Portland
Total Units 3
MLS Area _142
Lot Size Square Feet 4791.0
Street Name 16TH
Listing Terms Cash Conventional
Elementary School Vernon
Tax Annual Amount 5446.54
Middle/Junior High School Vernon
Property Condition UpdatedRemodeled
Days on Market 60
Standard Status Active
Legal Description OAKHURST BLOCK 8 S 1/2 OF LOT 1&2
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Interior
Basement Finished FullBasement SeparateLivingQuartersApartmentAuxLivingUnit
Storage IndividualStorageUnits Locked
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Street Suffix AVE
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features Assigned
Lot Features CornerLot Level
Water Source PublicWater
Total Parking 3.0
Exterior Description LapSiding WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 3762.0
Lot Dimensions 50x100
Lot Size Acres 0.11
Road Surface Type Paved
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Internal Only
Street Number 1 5806
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* Excluded Features
List By
Jma Properties Llc

Broker

brian@brianporter.com

Email

Affordability Calculator

$6,217
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,763
Monthly Property Taxes
$454
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!
Nearby
1951195 Elementary School
1949638 Middle School
Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$825,000 -5.71% Price Down
2/29/2024$875,000 Listed Price

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5806 NE 16TH AVE, Portland, OR, 97211 is a Multi-Family Home for sale at $825,000 with 3,762 sqft and a lot size of 0.11. 5806 NE 16TH AVE has 6 bedrooms, 3.0 baths, and was built in 1912. The property's zip code is 97211 which is in Portland, OR