$495,000
$40K PRICE DROP

10618 SW 49th Ave Unit 10620 Portland, OR 97219

West Portland Park Neighborhood

Estimated payment $3,174/month

Total Views 7,891
4 Beds
2 Baths
1,824 Sq Ft
$271 Price per Sq Ft

Highlights

  • Zoned Heating
  • Level Lot
  • 1-Story Property

About This Home

At this NEW price this Portland side-by-side duplex has great upside potential. It's in good shape behind Markham Elementary school and 1 block to Holly Farm park. Each unit features 2 bedrooms with dual closets, one bathroom, open living room/dining room and kitchen that leads to a sliding door with a paved, private patio. Newer hardiplank siding, newer windows and newer exterior paint in March 2020. Both units have long term month-month tenants at below market rents. Owner Occupied option allows a 90 day notice upon accepted offer of either unit, to move in and update for increased value.

Listing Agent

Amber Clark

The Group Real Estate Services License #951100050 Listed on: 03/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,562

Year Built

  • Built in 1988

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,824 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Paved Parking
  • Assigned Parking

Schools

  • Jackson Middle School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R186628

Community Details

Overview

  • 2 Units
  • Capitol Hill Subdivision

Building Details

  • Operating Expense $11,630
  • Gross Income $31,296
  • Net Operating Income $18,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,562

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1988
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 4
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Middle Or Junior School: Jackson

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: R186628

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6561.52

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.82
  • Annual Gross Income: 31296.0
  • Property Net Operating Income: 18100.0
  • Annual Operating Expense: 11630.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $6,562 $238,330 $0 $0
2022 $6,173 $231,390 $0 $0
2021 $5,891 $224,660 $0 $0
2020 $5,567 $218,120 $0 $0
2019 $5,362 $211,770 $0 $0
2018 $5,205 $205,610 $0 $0
2017 $4,988 $199,630 $0 $0
2016 $4,487 $193,820 $0 $0
2015 $3,820 $188,180 $0 $0
2014 $3,454 $182,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 Price Changed $495,000 -4.7% $271 / Sq Ft
04/30/2025 04/30/25 Price Changed $519,500 -2.9% $285 / Sq Ft
03/24/2025 03/24/25 For Sale $535,000 -- $293 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 595024285

Regional Multiple Listing Service (RMLS)

APN: R186628