2416 SE 34TH AVE Portland, OR97214

$1,243,500
4 total units
7 total bedrooms
6 total bathrooms
$115,200 annual income
Capitilization Rate: 7.81
3415 total sq. ft
3,000 to 4,999 SqFt
Elementary School: Abernethy
Middle School: Hosford
High School: Cleveland
Zoning: R5
1501 days on market
Tour

VestorFilter™

Price per unit$310.9K/unit
Price per ft²$364.13/ft²
Recent price drop$41,500
Price per acre$17.64M/ac
Price per bedroom$177.6K/bed
Time on market1501 days

Property Description

Incredible opportunity in the heart of the Richmond/Divison neighborhood. This completely redeveloped income property consists of a stunning 3BD/3BA Portland Craftsman home, a 2BD/1BA ADU, & two separate Airbnbs (all fully permitted). Live in main dwelling with a chef's kitchen and designer finishes - have the rental income pay your mortgage! All work was completed with the intent to own the property for decades. This is a truly unique opportunity! Walk:96, Bike:100, HES:10

{{ compliance-logo }}Listing Provided By Change Realty, LLC

Financial Data

Date Sold2020-08-03
Sold Price$1,243,500
Price ChangeDropped $41,500 on 08/03/2020
Total $41,500 drop
Original Price$1,285,000
Current Price$1,243,500
Property Taxes$7,676

Find On Map

Home Facts

StatusSold
Year Built1922
Stories2
Green/Energy SupplementYes
Home Energy Score10
Exterior Features
MLS ID20102664

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4