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
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