Listed by John L. Scott - Portland
$975,000
2047 SW 10th Ave
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,350
Units 5
Cap Rate 4.77%
NOI $52,443
Pro-Forma Cap Rate 5.47%
Pro-Forma NOI $60,160
Price per SqFt $328
Year Built 1912
Buildings 1
Stories 3
Lot Size (SqFt) 8,850
Zoning RM4
Multifamily | 5 Units | $220,000/unit
Marketing description
5 Plex with CITY VIEWS and close to PSU campus. Zoning is RM4 which accommodates a high density, multi-dwelling build up to 30 units in a fabulous, central city location. As an investment, this 1912 build has a consistent rental history with a blend of studio, 1,2 and 3 bedroom units. Main floor units have hardwood floors, period built-ins, large front porch and patio access. Garage is currently used for storage and not rented. Laundry machines are located in the basement.
Listing Contacts
Listed by John L. Scott - Portland
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$52,443.00
$4,370.25/mo
Valuation Metrics
0
DSCR
5.38%
Cap Rate
5.38%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Is there information that looks off?
