1736 NE 45TH AVE, Portland, OR 97213

$4,370,000
List Price
$4,370,000
Days on Market
12
MLS#
19067677
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Northeast
Status
Active

Property Description

Brand new modern 12 unit multifamily in the heart of the Hollywood District. Stylish, high end contemporary finishes with floor to ceiling windows, open concept design in a desirable urban setting. Estimated completion date is early July, 2019. Property sits adjacent to its stabilized sister buildings, The Hollywood 8 and 12. See attached flyer for more details.

Additional Information

Tax Amount
$4,494
Year Built
2019
High School
Grant
Elementary School
Beverly Cleary
Stories
4
Subdivision
Hollywood
Terms
Cash, Conventional
Basement Foundation
Daylight, Finished
Cooling Description
Heat Pump
Fuel Description
Electricity
Heating Description
Mini Split
Hot Water Description
Tank
Exterior Description
Cement Siding, Metal Siding
Sewer Description
Public Sewer
Water Description
Public
View
City
Capitalization Rate
4.98
Operating Expenses Actual
62158
Gross Income Actual
279576
Gross Rent Multiplier
15.63
Net Income Actual
217417
Security Or Entry
Entry, Fire Sprinkler System
Utilities Included
Electricity, Trash Collection, Heat, Sewer, Water, Landscaping
Parking Description
None
Number Of Units Total
12
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1995
Unit Type One Sq Ft
840
Unit Type One Units Total
7
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
1895
Unit Type Two Sq Ft
810
Unit Type Two Units Total
4
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1495
Unit Type Three Sq Ft
450
Unit Type Three Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of City and State Real Estate.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.