4450 NE 38TH AVE, Portland, OR 97211 – 23382743 - Kathy Quick

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Kathy Quick

kathy@kathyquick.com +1(503) 730-0702

Listed by John L. Scott Portland Central • neportland@johnlscott.com

$ 1,440,000

Est. payment | -/mo

11 Beds

5.4 Baths

4,948 SqFt

Save

$ 1,440,000

Est. payment | -/mo

Save

11 Beds

5.4 Baths

4,948 SqFt

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

Rooms

Basement Finished, Full Basement, Separate Living Quarters Apartment Aux Living Unit

Interior

Interior Features Hardwood Floors, Heated Tile Floor, High Ceilings, Laundry, Separate Living Quarters Apartment Aux Living Unit, Vaulted Ceiling

Heating Mini Split

Cooling Other

Fireplaces Number 2

Fireplaces Type Wood Burning

Appliance Dishwasher, Free Standing Range, Free Standing Refrigerator, Range Hood

Exterior

Exterior Feature Patio, Yard

Roof Type Composition

Garage No

Building

Lot Description Level

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Vernon

Middle Schools Vernon

High Schools Jefferson

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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