3541 SE Yamhill St, Portland, OR 97214

$2,250,000

36 Total Photos [Click to View All]

Property Description

ONE-OF-A-KIND! A trophy 8-plex, situated on a residential street between Belmont & Hawthorne. The property was fully renovated down to the studs in 2015 and has been meticulously maintained! The Property is an outstanding rental with a historical vacancy rate of 1.57%! Professionally managed by the same manager since 2015 with complete and detailed records. Each unit has too much to list, but highlights include: LVP flooring throughout (no carpet), Milgard vinyl windows, solid core doors, tankless (gas) water heaters, in-unit stacked laundry. Property highlights include: Outdoor area w/ patio tables and chairs, BBQ, bike storage shed, individual storage lockers, assigned off-street parking (8 spaces), wired surveillance camera system, in-ground sprinklers, LED landscape lighting. A Walker's (95) & Biker's (100) Paradise with many nearby transit options. Nearby parks include Sunnyside School Park, Laurelhurst City Park and Sewallcrest City Park. 10/10! The property manager is available for in-person orientation and Q&A.

3541 SE Yamhill St | MLS# 221791392

This multi-family property located at 3541 SE Yamhill St, Portland, OR 97214 is currently listed for sale with an asking price of $2,250,000. Search Portland real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace, None
Cooling: Exhaust Fan
Fuel Type: Electricity, Gas
Heating: Forced Air, WallHeater
Roof Type: Composition
Stories: 2.0
Taxes: $25,432
Year Built: 1979
Square Feet: 6,272

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $1750.00
Square Footage: 712
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $1895.00
Square Footage: 712
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $1675.00
Square Footage: 709
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $1775.00
Square Footage: 709
Total Units: 1
Unit Type 5:
Bathroom(s): 1
Bedrooms: 2
Features: Fireplace, Range, Refrigerator, WasherDryer
Rent: $1795.00
Square Footage: 711
Total Units: 1
Unit Type 6:
Bathroom(s): 1
Bedrooms: 2
Features: Fireplace, Range, Refrigerator, WasherDryer
Rent: $1850.00
Square Footage: 711
Total Units: 1
Unit Type 7:
Bathroom(s): 1
Bedrooms: 2
Features: Fireplace, Range, Refrigerator, WasherDryer
Rent: $1845.00
Square Footage: 713
Total Units: 1
Unit Type 8:
Bathroom(s): 1
Bedrooms: 2
Features: Fireplace, Range, Refrigerator, WasherDryer
Rent: $1955.00
Square Footage: 713
Total Units: 1

Feature Descriptions

Days on Site: 39
Exterior: Brick, Cedar, Lap Siding
Gross Income: $182760.00 (Actual)
Hot Water: Gas, Tankless
Lot: Level, Trees
Net Income: $121447.00 (Actual)
Operating Expenses: $61313.00 (Actual)
Parking: Assigned, OffStreet
Parking Notes: Assigned, OffStreet
Sewer: Public Sewer
Storage: Attached, IndividualStorageUnits
Units: 8
Water: Public Water

Local Schools

High School: Franklin
Middle School: Sunnyside Env
Elementary School: Sunnyside Env

Listed By / Shown By

Listed By

Agency Name: Rick Bean Real Estate
Agency Phone: 503-849-8199

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

IDX logo

Estimate Your Payment

Estimated Payment

$ 14,152.81 per month $11,377.22 Principal & Interest $2,119.33 Property Tax $656.25 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel