Bought with Better Homes & Gardens Realty
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1303/1309 SW BERTHA BLVD Portland, OR 97219
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Key Details
Sold Price $900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,324 sqft
Price per Sqft $208
MLS Listing ID 24442039
Sold Date 10/11/24
Year Built 1959
Annual Tax Amount $13,412
Tax Year 2023
Lot Size 0.330 Acres
Property Description
This clean updated brick front 4 plex feels privately tucked away up in the trees, and yet it's located on a highly visible corner lot just across the street from Barbur Fred Meyer. Consistently 100% occupied and excellent long term rental history. The seller just posts a sign out front and these sought after apartments get snapped up. Unit 1303 has a separate/second patio entrance and is available to view up until May 31st before the new tenant signs a one year lease and moves in. The other three units are long term month to month tenants. Two of the units have dens which could act as a third nonconforming bedroom. Incredibly low maintenance landscaping with sprinkler system, attached carport parking for each unit, plus 5 additional spaces for guests, individual storage for each unit, all tile kitchens with ceiling fans, some units have hardwood floors, all newer double vinyl windows minus two aluminum, gas furnaces, and all new electrical panels installed late 2019. Treed private park like common area for tenants to enjoy, and on-site washer and dryer that contributes to the owner's profits. Easy commute to stores, parks, bus lines, I-5, OHSU, Lewis & Clark, and National College of Natural Medicine (NCNM). Seller was told additional units could be built - buyer to do their own due diligence on this possibility for room to grow.
Location
State OR
County Multnomah
Community Alllandscaping, Commons, Laundry
Area _148
Zoning RM1
Rooms
Basement None
Interior
Heating Forced Air
Cooling Exhaust Fan, None
Exterior
Community Features AllLandscaping, Commons, Laundry
View Trees Woods
Roof Type Composition
Parking Type Carport, Guest
Garage No
Building
Lot Description Commons, Corner Lot, Private
Story 2
Foundation Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Rieke
Middle Schools Robert Gray
High Schools Ida B Wells
Others
Acceptable Financing Cash, Conventional, VALoan
Listing Terms Cash, Conventional, VALoan
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