Multi-Family for Sale: 4641 98TH AVE, Portland, OR 97220 SOLD

2,600 sqft
$565,000
$565,000
4641 98TH AVE, Portland, OR 97220 SOLD
2,600 sqft
$565,000
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Selling Price: $565,000
Original List Price: $580,000
Sold at 97.4% of list price
Sold Date: 08/26/2024

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Type Multi-Family
Square Feet 2,600 sqft
Lot Size 0.12 acres
Year Built 2006
Taxes Paid $4,928
City Portland
Area 142 - Portland Northeast
County Multnomah
School District Parkrose
MLS 24503544
Status Sold
DOM 77 days
Duplex consisting of (2) large, 3 bed / 2.5 bath units. Below market rents with upside potential to bring utility reimbursements up to market rate as well. The property has been professionally managed and ideal for an investor or owner-user looking to take advantage of a 2006 construction duplex. Ideal location just blocks from I-205 in the Parkrose neighborhood. Do not disturb tenants. Sellers in a 1031 exchange.

Lot & Building Features

Cooling None
Heating Forced Air
Parking Description Attached
Sewer Public Sewer
Water Public Water

Community and Schools

Elementary School Prescott
Junior High School Parkrose
Senior High School Parkrose

Unit Features

Unit Type 1 Actual Rent 1828
Unit Type 1 Area 1400
Unit Type 1 Baths 2.100
Unit Type 1 Baths Total 3
Unit Type 1 Beds Total 3
Unit Type 1 Units Total 1
Unit Type 2 Actual Rent 1725
Unit Type 2 Area 1400
Unit Type 2 Baths 2.100
Unit Type 2 Baths Total 3
Unit Type 2 Beds Total 3
Unit Type 2 Units Total 1

Price History of 4641 98TH AVE, Portland, OR

Date Name Price Difference
07/16/2024 Price Adjustment $565,000 2.59%
06/10/2024 Listing Price $580,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Shirley Cox, GRI, SRES
Shirley Cox, GRI, SRES
REALTOR, Managing Broker
Direct: 541-490-3139
Office
65 NE Estes
White Salmon, WA 98672
509-493-1783
Listed by RealtyNET, LLC, Greg Messick
Sold by The Broker Network, LLC, Tanner Chambers
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0.87238584070796%
6.75%
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Listing information courtesy of: RealtyNET, LLC

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 Pacific Rim Brokers 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.