4450 NE 38TH AVE Active Save Request In-Person Tour Request Virtual Tour
Portland,OR 97211
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,948 sqft
Price per Sqft $291
Subdivision Wilshire/ Beaumont
MLS Listing ID 23382743
Style English
Bedrooms 11
Full Baths 5
Year Built 1942
Annual Tax Amount $13,642
Tax Year 2023
Lot Size 5,227 Sqft
Property Description
Fantastic property located in NE Portland. 11 bedrooms, 5 full baths, and 4 half baths and 3 kitchens, one on each level. Updates with tasteful additions, and extremely well maintained. Investor opportunity with solid cash flow with an 8.56 cap rate. Rented fully as a care home. ADA friendly home, featuring accessibility amenities including an approach with ramp, accessible doors and hallways, main floor bedrooms with baths and walk in showers. High vaulted ceilings in back unit and lots of natural light on the upper floor and hardwoods throughout the main floor with many period details such as coved ceilings, two fireplaces and built-ins. All rooms are equipped with high end Mini-splits and energy efficient double pane vinyl windows. Great opportunity to own a high income producing property close to Wilshire Park, Beaumont Village and a short distance to Alberta Arts.
Location
State OR
County Multnomah
Area _142
Zoning R5
Interior
Heating Mini Split
Cooling Other
Fireplaces Number 2
Fireplaces Type Wood Burning
Exterior
Exterior Feature Patio, Yard
Roof Type Composition
Building
Lot Description Level
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Vernon
Middle Schools Vernon
High Schools Jefferson
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional