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3618 N ALBINA AVE Portland, OR $ 979,900
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3618 N ALBINA AVE
$ 979,900
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New Construction
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3618 N ALBINA AVE

Portland, OR, 97227
$ 979,900
Bedrooms4 Baths2.0 Sq 2,175

Monthly Estimate*

$ 6,513

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Multi-Family Home for sale in Portland, OR

for $979,900 with 4 bedrooms and 2 full baths. This 2,175 square foot home was built in 1907 on a lot size of 0.1.

2 units! Major income producing properties. A gorgeous Victorian main residence AND newly constructed detached loft just one block from the popular Mississippi Ave. This is the rare opportunity you have been waiting for. Perfectly located one block from shops, coffee and top rated restaurants, this property is a must see. The main residence offers tons of natural light emphasizing the tall ceilings throughout the main level. All new finishes and so much more will make you feel happy to be home as soon as you step inside. Retreat downstairs to your rec room, 3rd bedroom and large laundry area. This property has convenient alley access with ideal parking for the main home and 2 story ADU loft (built in 2019). The ADU is a fantastic income producing property or can simply be enjoyed by your out of town guests when they visit. This luxury designed loft has vaulted ceilings and incredible natural light making this 620 square foot space feel much larger than imaginable. Both units are being sold FULLY FURNISHED. Contact us for a tour!

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Multi-Family Active

Price

$ 979,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,810

Style

Lot Size

0.1

Year Built

1907

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

24545466
Features
General
Sewer PublicSewer
Heating ForcedAir95Plus MiniSplit
Cooling CentralAir MiniSplit
Roof Composition
Zoning RM1
HOA 1
Garage Spaces 0
Year Built 1907
Stories 2
Tax Year 2023
Gross Income 93033.0
County Multnomah
Net Operating Income 78033.0
Operating Expense 15000.0
Property Type MultiFamily
Subdivision Name MISSISSIPPI / WILLIAMS
Rent Includes None
Status Active
Directions From Fremont St - North on Albina - Parking available from Alley in rear of home
High School Jefferson
City Portland
NumberOfUnitsTotal 2
MLS Area _141
Lot Size Square Feet 4356.0
Terms Cash Conventional
Elementary School Boise-Eliot
Tax Annual Amount 5810.11
Middle/Junior High School Harriet Tubman
Property Condition UpdatedRemodeled
Days on Market 71
Standard Status Active
Legal Description CENTRAL ALBINA BLOCK 31 N 1/2 OF LOT 15 S 16 1/2' OF LOT 16
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Interior
Basement PartiallyFinished
Storage Basement
Hot Water Gas Tankless
Unit 1 Baths Total 1
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features OffStreet Paved
Water Source PublicWater
Total Parking 2.0
Exterior Description CementSiding WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 2175.0
Lot Size Acres 0.1
Road Surface Type Paved
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Internal Only
Street Number 1 3618
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* Excluded Features
List By
Premiere Property Group, Llc

Broker

dustin@dustinfunes.com

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Affordability Calculator

$6,997
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,513
Monthly Property Taxes
$484
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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Nearby
1949289 Elementary School
2406671 Middle School
Jefferson High School High School
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Pricing History
DatePricePrice ChangeDescription
7/9/2024$979,900 -2.00% Price Down
5/15/2024$999,900 Listed Price

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3618 N ALBINA AVE, Portland, OR, 97227 is a Multi-Family Home for sale at $979,900 with 2,175 sqft and a lot size of 0.1. 3618 N ALBINA AVE has 4 bedrooms, 2.0 baths, and was built in 1907. The property's zip code is 97227 which is in Portland, OR

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