$995,000

11018 E Burnside St Unit 11032 Portland, OR 97216

Hazelwood Neighborhood

Estimated payment $6,213/month

Total Views 6,363
2 Beds
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • High Speed Internet
  • Lap Siding
  • Baseboard Heating
  • Level Lot
  • 1-Story Property

About This Home

DND Tenants or walk the property without listing agent. Listing agent part owner. Strong rental history and excellent owner occupied opportunity. Well maintained multifamily 4-plex. Large 2 bed 1 bath, single level units. Two buildings. Potential for additional units on large lot. 8-10 parking spaces off street. 100% occupied. Conveniently located minutes to mass transit, freeways & shopping.

Listing Agent

Peter Jameson

J Residential Properties License #200204424 Listed on: 11/27/2024

Co-Listing Agent

Erin Maher

J Residential Properties License #201205719

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,614

Year Built

  • Built in 1964

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • Composition Roof
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 8 Parking Spaces
  • Assigned Parking

Schools

  • Ventura Park Elementary School
  • Floyd Light Middle School
  • David Douglas High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R320006

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Gateway Subdivision
  • Property managed by SMI

Building Details

  • Operating Expense $21,901
  • Gross Income $70,500
  • Net Operating Income $48,599

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,614

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1964
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Total Bedrooms: 2
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding,T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, LightRail
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable,Satellite
  • Cooling Y N: No
  • Heating: Baseboard, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: SMI
  • Association: No

Schools

  • Elementary School: Ventura Park
  • High School: David Douglas
  • Middle Or Junior School: Floyd Light

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14374.0
  • Parcel #: R320006

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 8613.52

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.11
  • Annual Gross Income: 70500.0
  • Property Net Operating Income: 48599.0
  • Annual Operating Expense: 21901.0

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 $8,614 $350,550 $0 $0
2022 $7,810 $340,340 $0 $0
2021 $7,681 $330,430 $0 $0
2020 $6,959 $320,810 $0 $0
2019 $6,737 $311,470 $0 $0
2018 $6,530 $302,400 $0 $0
2017 $6,289 $293,600 $0 $0
2016 $6,123 $285,050 $0 $0
2015 $5,789 $276,750 $0 $0
2014 $5,417 $268,690 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 For Sale $995,000 +31.8% --
10/14/2021 10/14/21 Sold $755,000 -5.0% $230 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $795,000 0.0% $242 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/09/2021 05/09/21 For Sale $795,000 -- $242 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Ticor Title
Contract Of Sale $470,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $277,000 New Conventional
Previous Owner $262,500 Seller Take Back
Source: Public Records

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See All Homes in Portland

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24518506

Regional Multiple Listing Service (RMLS)

APN: R320006

Oregon Multnomah County Portland 97216 Hazelwood

11018 E Burnside St Unit 11032, Portland, OR

This home is located at 11018 E Burnside St Unit 11032, Portland, OR 97216 and is currently priced at $995,000. This property was built in 1964. 11018 E Burnside St Unit 11032 is a home located in Multnomah County with nearby schools including Ventura Park Elementary School, Floyd Light Middle School, and David Douglas High School.

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Peter Jameson
Listing Agent
Peter Jameson
Section Image
J Residential Properties
(971) 447-0590