1511 NE Hancock ST

Portland, OR 97212
Square Ft.
7,822
$1,125,000
Vintage Mid-Century 4-Plex. Just two blocks from the vibrant NE Broadway corridor, this well-preserved 1955 Mid-Century Ranch offers a rare opportunity to own an authentic piece of Irvington while enjoying immediate income with exceptional long-term potential. Original hardwood floors, vintage birch cabinetry & hardware, period tile, wood-burning fireplaces, generous storage,Read MoreRead Less
Listing courtesy of Where, Inc.
Listing Snapshot
Days Online
1
Last Updated
Square Ft.
7,822
Lot Size
0.16 Acres
Year Built
1955
MLS Number
601661489
30 Days Snapshot Of 97212
$906k
+1%
(avg) sold price
26
-16%
homes sold
22
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: ExteriorEntry, FullBasement, StorageSpace
Building
Building Area Total: 7822, Built in 1955, Storage: Garage, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense Scheduled: 18887, Operating Expense: $18,887
Exterior Features
Exterior Description: Brick
Foundation
Foundation Details: ConcretePerimeter, Slab
Heating
Heating: ForcedAir
Income
CAP Rate: 5.01, Gross Income: $75,300, Gross Rent Multiplier: 14.94, Gross Scheduled Income: $75,300, Net Operating Income: $56,413, Net Scheduled Income: 56413
Lot
Features: CornerLot, Level, OnBusline, Size Acres: 0.16, Size Range: SqFt7000to9999, Size Square Feet: 6,969, Size: 7,000 to 9,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, AnnualPropertyOperationData, RentRecords, UtilityRecordsAvailable
Parking
Features: OnStreet, 3 total parking spots
Property
Number Of Units Total: 4, Property Condition: Existing, Zoning: RM2
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $11,396, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,700, Area: 1964, Features: Fireplace, HardwoodFloors, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $975, Area: 1570, Features: Fireplace, HardwoodFloors, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $1,600, Area: 2316, Features: Fireplace, HardwoodFloors, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Four
Actual Rent: $2,000, Area: 1972, Features: Fireplace, HardwoodFloors, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Gas, Hot Water Description: Electricity, Water Source: PublicWater
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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.