2311 NE SCHUYLER ST, Portland, OR 97212

$925,000
List Price
$925,000
Days on Market
24
MLS#
20246683
Property Type
Multifamily
Lot Size
10, 000 to 14, 999 SqFt
Region
Portland Northeast
Status
Active

Property Description

Come and see this handsome Irvington duplex! Landscaped park-like double lot, currently zoned R-2a with potential for more units, slated to change to RM-1. Built in 1906 by famed Portland architect Joseph Jacobberger, this over 5,000 sq ft Dutch colonial holds the highest of pedigrees, but at a fraction of the price. This property has a lot going for it, such as it's clinker brick exterior, two new furnaces, newer partially finished garage w/ bath. Just needs some TLC!

Additional Information

Tax Amount
$11,054
Year Built
1905
High School
Grant
Elementary School
Irvington
Middle School
Irvington
Stories
2
Subdivision
Irvington
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Brick, Metal Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
Trees/Woods
Sq Ft Approximate Building Total
5374
Capitalization Rate
2.23
Operating Expenses Actual
21620
Gross Income Actual
55140
Gross Rent Multiplier
16.78
Net Income Actual
20654
Occupancy Types
Leased
Covenants/Restrictions
No
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
1
Unit Type One Sq Ft
3188
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
3
Unit Type Two Sq Ft
1539
Unit Type Two Units Total
1

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of City and State Real Estate.

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