$1,440,000
11 Beds
5, 4 half Baths
4,948 SqFt
0.12 Acre Lot
5,227 Sqft Lot
Status Active
Property Type Singlefamilyresidence
Price Type
Year Built 1942
Neighborhood Wilshire/ Beaumont
Days on Website 520

Property Map

$1,440,000 – 4450 Ne 38th Ave, Portland, OR 97211

Street View

Listing courtesy of John L. Scott NE Portland.

Description

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.

Property Details and Features

Property Access

  • Road Surface Type: Paved

Appliances & Equipment

  • Appliances: Dishwasher,FreeStandingRange,FreeStandingRefrigerator,RangeHood

Basement

  • Basement: Finished,FullBasement,SeparateLivingQuartersApartmentAuxLivingUnit

Bathrooms

  • 9 total baths
  • 5 full bathrooms
  • 4 partial baths
  • 2 total lower level baths
  • 2 lower level full baths
  • 1 lower level partial bath
  • 2 total main level baths
  • 2 main level full baths
  • 2 main level partial baths
  • 1 upper level total baths
  • 1 upper level full bath
  • 1 upper level partial bath

Bedrooms

  • 11 total bedrooms

Building

  • Architectural Style: English
  • Building Area Calculated: 3940
  • Building Area Description: TRIO
  • Building Area Total: 4948
  • Built in 1942
  • Lower Level Area Total: 1008
  • Main Level Area Total: 2244
  • Stories: 3
  • Upper Level Area Total: 1696

Cooling

  • Cooling: Other

Disclosures

  • Disclosures: Disclosure

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: Patio,Yard

Fireplaces

  • Fireplace Features: WoodBurning
  • Fireplace Included
  • Fireplaces Total: 2

Foundation

  • Foundation Details: ConcretePerimeter

Heating

  • Heating Available
  • Heating: MiniSplit

Interior Features

  • Features: HardwoodFloors,HeatedTileFloor,HighCeilings,Laundry,SeparateLivingQuartersApartmentAuxLivingUnit,VaultedCeiling

Listing

  • Contract Status Change Date: 2023-06-22
  • Days On Market: 519
  • Last Transaction Date: 2024-09-30 12:17:42
  • List Price: $1,440,000
  • Listing Contract Date: 2023-06-22
  • Listing Id: 23382743
  • Mls Status: Active
  • Modification Timestamp: 2024-09-30 12:17:42
  • On Market Date: 2023-06-22
  • Previous List Price: $1,450,000
  • Rent Amount: $11,200
  • Standard Status: Active

Location

  • MLS Area Major: _142
  • Subdivision Name: Wilshire/ Beaumont
  • County Or Parish: Multnomah

Lot

  • Features: Level
  • Size Acres: 0.12
  • Size Dimensions: 62 X 97
  • Size Range: SqFt5000to6999
  • Size Square Feet: 5,227
  • Size: 5,000 to 6,999 SqFt

Parking

  • Features: Driveway,OnStreet

Possession

  • Possession: SubjectToTenantRights

Property

  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Zoning: R5

Roof

  • Roof: Composition

Schools

  • High School: Jefferson
  • Middle Or Junior School: Vernon
  • Elementary School: Vernon

Sewer

  • Sewer: PublicSewer

Taxes

  • Annual Amount: $13,642
  • Legal Description
  • Tax Year: 2023

Utilities

  • Fuel Description: Electricity
  • Hot Water Description: Electricity
  • Internet Service Type: Cable
  • Water Source: PublicWater

Windows

  • Features: DoublePaneWindows,VinylFrames

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This content last updated on November 23, 2024 11:46. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.