Price Reduction
Address
1224 NE 81ST AVE Portland, OR
Price
$ 389,900
Property Attributes
  • MLS#20521423
  • TypeMulti-Family
  • CountyMULTNOMAH
  • CityPortland
  • AreaPortland Northeast
  • Neighborhoodmontavilla
  • Zip97213
  • Style
  • Year Built1920
  • Taxes2369
  • Price$ 389,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1464
Listing Provided Courtesy Of:
First Class Properties
Property Description

House and an ADU for this price! Main floor is a 2 bed, 1 bath home with kitchen, living room, dining area, indoor laundry, front porch and rear deck. Lower level ADU is recently approved with huge bedroom, large living room, kitchen and bath. Also, large indoor laundry area with storage. Located 600 feet from Max Station, CM2 zoning allows for several commercial uses. Projected rents indicate a strong cash flow. Buy and hold? Live on one floor and have tenant make most of your payments.

Elementary School Middle School High School
Woodlawn Elementary School Roseway Heights Middle School Madison High School
Price History
10/21/2020 Listed $435,000
11/5/2020 6% - $409,900
11/23/2020 3% - $399,900
11/30/2020 3% - $389,900

General Features

Heating Zoned
MLS Area Portland Northeast
Property Type Multi Family
Roof Composition
Security Features Security System Owned
Sewer Public Sewer
Subdivision Name montavilla
Terms Cash, Conventional, FHA
Total Units 2
Video Tour Y/N No
Zoning CM2

Interior Features

Fueldescription Electricity
Hot Water Electricity
Sqftapproximatebuildingtotal 1464
Unit 1 Baths Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Features Deck, Range, Washer/Dryer Hookup
Unittype1sqft 687
Unittype1unitstotal 1
Unittype2sqft 777
Unittype2unitstotal 1

Exterior Features

Exterior Description Lap Siding
Foundation Details Concrete Perimeter
Lot Features Level
Lot Size 5, 000 to 6, 999 SqFt
View Y/N No
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 97213

Price
AVG $740K
$390K
Taxes
AVG $6,136
$2,369
Visits
AVG 51
34
Year Built
AVG 1954
1920

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