1817 N ROSA PARKS WAY Portland, OR97217

$1,007,000
4 total units
8 total bedrooms
8 total bathrooms
$73,179 annual income
Capitilization Rate: 4.64
4190 total sq. ft
3,000 to 4,999 SqFt
Elementary School: Chief Joseph
Middle School: Ockley Green
High School: Jefferson
Zoning: RM3
1470 days on market
Tour #1Tour #2

VestorFilter™

Price per unit$251.8K/unit
Price per ft²$240.33/ft²
Price per acre$14.29M/ac
Price per bedroom$125.9K/bed
Time on market1470 days

Property Description

Blocks from New Seasons, this fantastically located fourplex is turn-key and ready to go! Each unit features 2 bedrooms upstairs with 1.5 baths, its own washer and dryer, attached secure storage, and a private patio. RM3 zoning provides huge upside for future development. Property next door just built 18 condos, listed currently at 4.8 Million! Cash flow now, build later. Check out the 6.15% cap rate Pro Forma and 3D virtual tour links.

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Financial Data

Date Sold2020-08-12
Sold Price$1,007,000
Original Price$1,050,000
Current Price$1,007,000
Property Taxes$8,708

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Home Facts

StatusSold
Year Built2005
Stories2
Green/Energy SupplementNo
Exterior Features
MLS ID20003370

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4