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$2,050,000 $1,975,000 Estimate Your Mortgage
7319 Se Evergreen St , Portland, OR 97206
6 Beds
3 Baths
5,739 sqft

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6.1% Actual Cap Rate on 14 Unit in SE Portland with upside rent potential! The complex is located on a dead-end street with no through traffic, creating an ideal atmosphere for young families and high-quality tenants. Comprised of 14 two-bedroom, one bath units varying in size from 543-750 sq. ft. Recent repairs include complete foundation update, electrical upgrading, and units have been renovated on turn over.
  • Price:
  • $1,975,000
  • Bedrooms:
  • 6
  • Square Footage:
  • 5,739
  • Year Built:
  • 1942
  • Listing ID #:
  • 19456053
  • Street Address:
  • 7319 Se Evergreen St
  • City:
  • Portland
  • State:
  • Oregon
  • Postal Code:
  • 97206
  • County:
  • Multnomah
  • Community:
  • Portland Southeast
  • Listing Status:
  • Active
1
out of 5

Woodmere Elementary School
Public
K-5
300 students
17 student/
teacher
1
out of 5

Lane Middle School
Public
6-8
480 students
16 student/
teacher
2
out of 5

Franklin High School
Public
9-12
1834 students
19 student/
teacher
  • Amenities:
  • Laundry
  • Foundation:
  • Crawl Space
  • Siding:
  • Wood Composite
  • Stories:
  • 1
  • Total Building Square Footage:
  • 5739
  • Type Of Roof:
  • Composition
  • Unit 1 - Square Footage Available:
  • 543
  • Unit 1 - Square Footage Available:
  • 750
  • Unit 1 Monthly Rent:
  • 1056
  • Unit 2 - Square Footage Available:
  • 700
  • Unit 2 Monthly Rent:
  • 1090
  • Unit 3 Monthly Rent:
  • 1115
  • Unit Features:
  • Range, Refrigerator
  • Unit1 Bathrooms:
  • 1
  • Unit1 Bedrooms:
  • 2
  • Unit1 Features:
  • Range, Refrigerator
  • Unit2 Bathrooms:
  • 1
  • Unit2 Bedrooms:
  • 2
  • Unit2 Features:
  • Range, Refrigerator
  • Unit3 Bathrooms:
  • 1
  • Unit3 Bedrooms:
  • 2
  • Unit3 Features:
  • Range, Refrigerator
  • Year Built:
  • 1942
  • Adjusted Gross Income:
  • 184889
  • Net Operating Income:
  • 123032
  • Conforms To Zoning:
  • R2
  • Lot Description:
  • Private
  • Lot Size:
  • 20, 000 Sqft To .99 Acres
  • Legal Description:
  • Gaston Tr, N 75' Of S 181.68' Of E 225.2' Of Lot 7
  • List Date:
  • 2019-09-05
  • Previous Listing Price:
  • 2050000
  • Terms:
  • Cash, Conventional
  • Property Taxes:
  • $7,860
  • Parking Description:
  • Paved
  • Heating Description:
  • Zoned
  • Heating Fuel:
  • Electricity
  • Sewage Type:
  • Public Sewer
  • Utilities Included:
  • Trash Collection
  • Water Amenities:
  • Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Premiere Property Group
  • All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 10/22/2019 7:06 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. ORREG
  • Schools information provided by ATTOM

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