Bought with Non Rmls Broker
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18 SE 162ND Portland, OR 97233
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Key Details
Sold Price $2,492,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 15,500 sqft
Price per Sqft $160
Subdivision Beaver Acres
MLS Listing ID 21674710
Sold Date 02/09/22
Year Built 1969
Annual Tax Amount $16,984
Tax Year 2020
Property Description
Great income producing investment property. This 18-unit multifamily property consists of a two story building situated on .64 acres. This unit mix includes 16 2 bed/1 bath units and 2 3 bed/1 bath units. New roof 2019 Vinyl siding 2014/15, windows 2011. Private laundry on site (extra income for owner). Property is located within walking distance to light rail and nature park. Great opportunity for passive income with long-term tenants. Fully occupied.
Location
State OR
County Multnomah
Area _143
Zoning SC
Rooms
Basement Storage Space
Interior
Heating Baseboard
Exterior
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level, On Busline
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Wilkes
Middle Schools H.B. Lee
High Schools Reynolds
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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