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47
Photos
4450 Ne 38TH Ave, Portland, OR 97211
$1,440,000 Asking Price
$---/mo Est. Payment Get Prequalified »
11
beds
9
baths
4,948
sqft
Built in
1942
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.
Features & Amenities
Interior
- General:
- Hardwood floors, Heated tile floor, High ceilings, Laundry, Separate living quarters apartment aux living unit, Vaulted ceiling
- Appliances:
- Dishwasher, Free standing range, Free standing refrigerator, Range hood
- Basement:
- Finished, Full basement, Separate living quarters apartment aux living unit
- A/C:
- Other
- Heating:
- Mini split
- Fireplace:
- Wood burning, Fireplace, Fireplaces: 2
Exterior
- General:
- Wood siding, Patio, Yard
- Style:
- English
- Parking:
- Driveway, On street, Parking spaces: 0
Construction
- Roofing:
- Composition
- Windows:
- DoublePaneWindows,VinylFrames
- General:
- Concrete perimeter
Location
- Road/Access:
- Paved
- Originating MLS:
- Regional Multiple Listing Service, Inc.
- County:
- Multnomah
Lot
- Zoning:
- R5, SECTION 24 1N 1E, TL 9400 0.12 ACRES, R316139
Utilities
- Water:
- Public Water
- Sewer:
- Public Sewer
Financial
- Source:
- Regional Multiple Listing Service, Inc.
This listing courtesy of:
John L. Scott NE Portland, Israel Hill
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Portland, OR
Housing
- Number of Units
- 428,822
- Median Home Value
- $473,531
- Median Rent
- $1,251
43.72% of housing units are renter occupied.
5.89% are vacant.
Commute
- Car
-
46.63%
- Public Transportation
-
6.64%
- Walk to Work
-
3.11%
- Work from Home
-
40.47%
- Other
-
0.60%
The median travel time to work is 17 minutes.
People
- Population
- 933,432
- Median Age
- 38.50
- Median Household Size
- 2.55
Education
- High School
-
15.24%
- Associate’s Degree
-
6.78%
- Bachelor’s Degree
-
30.17%
- Graduate Degree
-
20.64%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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