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4450 NE 38TH AVE
Portland, OR 97211

$1,485,000

Beds: 11
Baths: 5 | 4
Sq. Ft.: 4,948
Type: House
Listing #23382743
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 and a 8.05 cap rate. ADA friendly home, featuring accessibility amenities including an approach with ramp, accessible doors and hallways, an elevator and 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.
Property Features
Location Information
County: Multnomah
Area: Portland Northeast
Subdivision: Wilshire/ Beaumont
Directions: Between Skidmore and Prescott
Interior Features
Interior: Hardwood Floors, Heated Tile Floor, High Ceilings, Laundry, Separate Living Quarters/Apartment/Aux Living Unit, Vaulted Ceiling(s)
Primary Bedroom Description: Level: Main
Has Fireplace: Yes
Num Fireplaces: 2
Fireplace Description: Wood Burning
Heating: Mini Split
Heating Fuel: Electricity
Cooling: Other
Water Heater: Electricity
Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Range Hood
Basement: Finished, Full Basement, Separate Living Quarters/Apartment/Aux Living Unit
Exterior Features
Style: English
Stories: 3
Exterior Description: Wood Siding
Foundation: Concrete Perimeter
Roof: Composition
Sewer: Public Sewer
Water: Public Water
Parking Description: Driveway, On Street
Parking Spaces: 0
Lot Description: Level
Lot Size: 5, 000 to 6, 999 SqFt
Lot Size in Acres: 0.12
Lot Dimensions: 62 X 97
Lot Dimensions: 62 X 97
Zoning: R5
Exterior Features: Patio, Yard
Road Surface: Paved
Windows Description: Double Pane Windows, Vinyl Frames
School
Elementary School: Vernon
Jr High School: Vernon
High School: Jefferson
Additional Information
List Date: 06/22/2023
Property Condition: Approximately
Property Subtype: Single Family Residence
Year Built: 1942
Status: Active
Tax Year: 2023
Tax Amount: $13,642.34
Green Certification: No


$ per month
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Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This Listing Courtesy of John L. Scott NE Portland
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RMLS - Oregon data last updated at March 15, 2024 5:48 PM PT