Bought with Apex Residential
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5110 SE DIVISION ST Portland, OR 97206
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Key Details
Sold Price $1,613,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,752 sqft
Price per Sqft $150
Subdivision Richmond
MLS Listing ID 23604124
Sold Date 04/12/24
Year Built 1927
Annual Tax Amount $19,148
Tax Year 2023
Property Description
The property is comprised of two buildings with a gated courtyard between. Each building has four large (896 sqft) 1 Bed / 1 Bath units. The basement of each building includes a coin-op washer/dryer and separate storage for each unit. There is interior access to the laundry facilities from every unit. The property was built in 1927 and sits upon apex. 10,000 Sqft of land (0.23 Ac) per the City of Portland. While many of the windows have been upgraded to newer vinyl, there are still a handful of wood framed windows that capture the old portland charm. The exterior of the buildings are stucco which has been maintained well over the years. In addition to the available storage in the basement, there are six garage spaces that are available to rent for additional income, though only three are street facing.
Location
State OR
County Multnomah
Community Laundry
Area _143
Zoning RM2
Rooms
Basement Full Basement, Storage Space
Interior
Heating Forced Air
Exterior
Community Features Laundry
Waterfront Yes
Waterfront Description Other
Roof Type Tile
Parking Type None
Garage No
Building
Lot Description Level, On Busline
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Atkinson
Middle Schools Mt Tabor
High Schools Franklin
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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