215 NE 30th Ave
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215 NE 30th Ave
3 Unit Apartment Building Offered at £1,086,607 at a 5.31% Net Initial Yield in Portland, OR 97232
Executive Summary
Amazing opportunity to own an updated tri-plex in the highly desirable Kerns/Laurelhurst neighborhood! Walk & Bike score of 97! Each unit has quartz counters, vinyl flooring and features an in-unit washer and dryer, fully updated kitchens with stainless steel appliances, which include dishwasher, refrigerator, and range/oven. Situated perfectly between E Burnside and NE Glisan - cafes, restaurants, local shops, and parks make it easy to rent and thus provides an attractive investment. Detached 480 square foot outbuilding in the back currently provides a secure, individual storage unit for each tenant. Additional development opportunities exist.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £1,086,607 | Property Type | Residential |
| Price Per Unit | £362,202 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 3,998 SF |
| Net Initial Yield | 5.31% | Number of Floors | 4 |
| Gross Rent Multiplier | 15.86 | Year Built | 1908 |
| No. Units | 3 |
| Price | £1,086,607 |
| Price Per Unit | £362,202 |
| Sale Type | Investment |
| Net Initial Yield | 5.31% |
| Gross Rent Multiplier | 15.86 |
| No. Units | 3 |
| Property Type | Residential |
| Lot Size | 0.11 AC |
| Building Size | 3,998 SF |
| Number of Floors | 4 |
| Year Built | 1908 |
Unit Amenities
- Dishwasher
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+2 | 1 | £1,972 | 1,132 |
| 3+2 | 1 | £2,294 | 1,846 |
| 2+1 | 1 | £1,445 | 1,020 |
1 of 1
Walk Score ®
Walker's Paradise (97)
Bike Score ®
Biker's Paradise (97)
zoning
| Zoning Code | R5 |
| R5 |
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215 NE 30th Ave
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