532 SE 52ND AVE Portland, OR $ 875,000
532 SE 52ND AVE
$ 875,000
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532 SE 52ND AVE

Portland, OR, 97215
$ 875,000
Bedrooms6 Baths4.0 Sq 4,490

Monthly Estimate*

$ 5,816

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Multi-Family Home for sale in Portland, OR

for $875,000 with 6 bedrooms and 4 full baths. This 4,490 square foot home was built in 1951 on a lot size of 0.11.

Gorgeous mid-century brick Quad-Plex! This 1951 bricker oozes with character including hardwood floors, arched entries, coved ceilings, wood-burning fireplaces and bright oversized windows. The grand main-level unit is a very generous 2-Bedroom with spacious kitchen and massive rooms, updated high-eff furnace & A/C. The top floor 1-Bedroom is 862sf and features an open floorplan throughout DR/LR/Kitchen. Includes oak hardwoods, mini split with A/C and insulation upgrades. The lower level was built out between 2019-2021 and features sleek, refined finishes mixed with large windows and lots of light. The lower level includes a 2-Bedroom unit with fireplace, polished concrete floors and custom tile. The lower level 1-Bedroom unit lives large with double closets and open floorplan. Soundproofing added to lower level ceiling & walls for privacy. Amenities for all units include; shared back patio, (2) shared Washer/Dryer units, (4) bike lockers, (3) electric car charging stations and a dedicated off-street parking spot per unit. Don't miss out on this great investment opportunity in the coveted Mount Tabor neighborhood! See private remarks - 4Plex with 1.1M potential!

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Multi-Family Contingent

Price

$ 875,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,759

Style

Lot Size

0.11

Year Built

1951

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

24555307

Features
General
Sewer PublicSewer
Heating ForcedAir90 MiniSplit Radiant
Cooling CentralAir MiniSplit
Roof Composition
Zoning R5
Year Built 1951
Stories 3
Tax Year 2023
Gross Income 88451.0
Community Features Commons Laundry
County Multnomah
Net Operating Income 65079.0
Operating Expense 23372.0
Property Type MultiFamily
Subdivision Name MT TABOR
Rent Includes Sewer TrashCollection Water
Status BumpableBuyer
Directions From SE Stark south on SE 52nd Avenue
High School Franklin
City Portland
NumberOfUnitsTotal 4
MLS Area _143
Lot Size Square Feet 4791.0
Street Name 52ND
Listing Terms Cash Conventional
Elementary School Glencoe
Tax Annual Amount 8759.14
Middle/Junior High School Mt Tabor
Property Condition Existing
Standard Status ActiveUnderContract
Legal Description PARADISE PK ADD LOT 13
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Interior
Basement ExteriorEntry FullBasement SeparateLivingQuartersApartmentAuxLivingUnit
Storage IndividualStorageUnits Locked
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 1
Street Suffix AVE
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features Assigned OffStreet
Lot Features Level
Water Source PublicWater
Total Parking 4.0
Exterior Description Brick
Foundation Details ConcretePerimeter
Building Area Total 4490.0
Lot Dimensions 55 x 88
Lot Size Acres 0.11
Road Surface Type Paved
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Internal Only
Street Number 1 532
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* Excluded Features
List By
Jma Properties Llc

Broker

Spear@JMAProperties.com

Email

Affordability Calculator

$6,545
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,816
Monthly Property Taxes
$730
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1951009 Elementary School
1948940 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2024$875,000 -2.67% Price Down
3/28/2024$899,000 -5.37% Price Down
2/29/2024$950,000 Listed Price

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532 SE 52ND AVE, Portland, OR, 97215 is a Multi-Family Home for sale at $875,000 with 4,490 sqft and a lot size of 0.11. 532 SE 52ND AVE has 6 bedrooms, 4.0 baths, and was built in 1951. The property's zip code is 97215 which is in Portland, OR