Multi-Family $ 949,000

436 SE 44TH AVE

Portland, OR 97215

  • 1926 Year Built
Portland's most desirable neighborhood. This property has been thoughtfully maintained for a long-time, previous owner was a contractor, and this has been a hands-on owner, caring for the property while it was rented. It is the kind of home plus investment opportunity rarely comes available.The home is full of charm and architectural character, and stands out with details, built-ins and features that simply can't be replicated today. Bedroom plus bathroom on the main brings flexibility for any family dynamic. Formal dining room with built-ins, living room with wood stove to cozy up and a family room which spills out onto a deck. The outdoor spaces add to its appeal, and the Laurelhurst neighborhood makes it even more attractive.The ADU was constructed in 2019 with state-of-the-art design and has been beautifully remodeled with quality finishes that enhance the living experience while supporting long-term value. In the last 5 years the home and ADU have had consistent rental demand in this location, the property offers a great addition to any portfolio with strong long-term upside. The property had a strong, stable rent roll with excellent tenants who took pride in the home as well as ADU as an office, or a living space.Surrounded by parks, schools, libraries, neighborhood markets, shops, and local amenities, residents enjoy easy access to everyday essentials. According to Walkscore.com, the location is considered a “Walker's Paradise,” making a car-free lifestyle easy. Properties like this don't come along often.
Listed by Inhabit Real Estate

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Listing Status Pending

    Purchase Type For Sale

    Subdivision Laurelhurst

    MLS Listing ID 148181090

    Year Built 1926

    Annual Tax Amount $12,429

  • Location

    State OR

    County Multnomah

    Area _143

    Zoning RS

  • Rooms

    Basement Full Basement, Storage Space, Unfinished

  • Building

    Lot Description Level, Trees

    Foundation Concrete Perimeter

    Sewer Public Sewer

    Water Public Water

  • Interior

    Heating Mini Split

    Cooling Mini Split

  • Exterior

    Roof Type Composition

    Garage No

  • Schools

    Elementary Schools Glencoe

    Middle Schools Mt Tabor

    High Schools Franklin

  • Others

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Virtual Tour https://my.matterport.com/show/?m=vdnco9DqGBP

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Marika Feibel
Marika Feibel

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