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2071 NE Davis St, Portland, OR 97232

$3,930,000

29 Total Photos [Click to View All]

Property Description

Nine unit complex in prime location in Kerns. Seller is willing to offer partial seller financing to help make the terms/ROI more desirable. Three units renovated in 2019, and six units built as new construction in 2023. Eight units are 2BR/1BA and one unit is 3BR/1.5BA. Units are all rented on long-term leases. New construction units (6) feature open floor plans, large windows, high end appliances, modern kitchens and tasteful finishes. Remodeled units (3) highlight the charm and beauty of original home. 6-plex completed as new construction in 2023. Front 3-plex renovated in 2019, including all new kitchens, bathrooms, electric work, refinished floors, all new appliances, new roof, and new interior/exterior painting. Listing agent is seller. Call with any questions.

2071 NE Davis St | MLS# 659962179

This multi-family property located at 2071 NE Davis St, Portland, OR 97232 is currently listed for sale with an asking price of $3,930,000. Search Portland real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished, SeparateLivingQuartersApartmentAuxLivingUnit
Basement: Yes
Cooling: MiniSplit
Fuel Type: Electricity, Gas
Heating: Mini Split, WallHeater
Roof Type: Composition
Stories: 3.0
Taxes: $3,259
Year Built: 2023

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1.00
Square Footage: 685
Total Units: 6
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $1.00
Square Footage: 900
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Rent: $1.00
Square Footage: 1000
Total Units: 1
Unit Type 4:
Bathroom(s): 2
Bedrooms: 3
Rent: $1.00
Square Footage: 1100
Total Units: 1

Feature Descriptions

Days on Site: 3
Exterior: Cement Siding, Wood Siding
Gross Income: $4000.00 (Actual)
Hot Water: Electricity
Lot: Private
Operating Expenses: $3259.00 (Actual)
Parking: OnStreet
Parking Notes: OnStreet
Sewer: Public Sewer
Special View Info: City
Storage: Attic, Basement
Units: 9
Water: Public Water

Local Schools

High School: Cleveland
Middle School: Hosford
Elementary School: Buckman

Listed By / Shown By

Listed By

Agency Name: Kelly Right Real Estate of Portland, LLC
Agency Phone: 503-719-6056

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimated Payment

$ 21,290.05 per month $19,872.22 Principal & Interest $271.58 Property Tax $1,146.25 Homeowner's Insurance

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