Sold

1404 SE 29TH AVE

Portland OR, 97214

$2,575,000


$332.30 per sqft

Sold

8 Beds

7 Baths

7,749 sqft

Multi-family

Built in 1927

Courtesy of Township Properties

Solid investment property in Sunnyside neighborhood in the heart of the Hawthorne District. The property consists of two buildings. An 11 unit built in 1927 & a 4-plex built in 1970, both on a 16,100 SF lot. There are 4 off-street parking spaces between the buildings, a laundry room & an additional room with individual storage for tenants.The 11-unit currently has 8 vacant units, deliberately left vacant by the current owner, which allows a new owner to put in tenants of their choice at current market rents.The fourplex has one vacant unit, two units that have not paid rent since Covid & one unit well under market rent at $525. Again, this was done deliberately by the current owner.The property is located one block north of Hawthorne Blvd. and five blocks south of Belmont St. Both streets are on bus lines and are well known for their trendy shops and restaurants. The property is two miles from downtown Portland, with easy access across the Hawthorne, Belmont & Burnside bridges.Vacant units available to see by appointment.

23606145

MLS ID

August 15, 2023

Listed

August 23, 2024

Updated

Map

1404 SE 29TH AVE
Portland OR, 97214

Interior Features

Total Stories

1


Bedrooms

8


Total Bathrooms

7


Full Bathrooms

7


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Features

Corner Lot


Roof

Composition


Sewer

Public Sewer

School Information

High School

Franklin


Elementary School

Sunnyside Env

Other Property Details

Area Name

_143


Taxes

$27,629


Tax Frequency

Annually


Days on Market

22


Garage

No


Parking

Assigned, Paved


Parking Total

4


View

No


County

Multnomah


Water Source

Public Water


Pool

No


Zoning

RM2

Listing History

Date

Event

Price

11/15/2023

Price change

$2,575,000

-17%

11/15/2023

Sold

$2,575,000

9/14/2023

Pending

Listing Courtesy of Township Properties, Marc Rogers. 503-703-0964

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Wings NW Real Estate are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 8/23/2024, 2:41 PM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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