6026 NE AINSWORTH ST $1,075,000

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    6026 NE AINSWORTH ST Portland, OR 97218

    • 11 Beds
    • 11 Baths
    • Multi-Family
    • Listing# 22577278
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    Views: 21 Days On Site: 57

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    Property Details

    Seller will consider owner carry terms. THREE separate properties adjacent to each other that are generating $8,700/month in rent sitting on a rare half of arces RM1 land. Excellent long term investment that has great cash flow now and future upside with RM1 zoning allowing for multi family development in an upcoming NE Portland area. Within proximity to all Cully Neighborhood has to offer.

    • General Features
      • Area Portland Northeast
      • Bank Owned Y/N No
      • Capitalization Rate 6.80
      • Cooling Description None
      • Country US
      • Fuel Description Electricity
      • Gross Income Actual 104400
      • Gross Income Projected 104400
      • Gross Rent Multiplier 10.30
      • Heating Description Wall Furnace
      • Hot Water Description Electricity,Gas
      • Net Income Actual 73080
      • Net Income Projected 73080
      • Number Of Units Total 4
      • Occupancy Types Leased,Month To Month
      • Operating Expenses Actual 33397
      • Operating Expenses Projected 33397
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Supplement Number 0
      • Tax Amount 9866.04
      • Terms Cash,Conventional,Owner Will Carry,Rehab
      • Third Party Approval Y/N No
      • Utilities Included Electricity,Gas,Trash Collection,Water
      • View Y/N No
      • Water Description Public Water
      • Year Built 1943
      • Zoning RM1
    • Building Features
      • Basement Crawl Space,Unfinished
      • Basement1 Concrete Perimeter
      • Exterior Description Wood Composite,Wood Siding
      • SqFt Approximate Building Total 5809
      • Storage Basement
      • Unit Type1 Baths Total 3
      • Unit Type1 Beds Total 3
      • Unit Type1 Rent 3125
      • Unit Type1 SqFt 2087
      • Unit Type1 Units Total 1
      • Unit Type2 Baths Total 5
      • Unit Type2 Beds Total 5
      • Unit Type2 Rent 3225
      • Unit Type2 SqFt 1999
      • Unit Type2 Units Total 1
      • Unit Type3 Baths Total 2
      • Unit Type3 Beds Total 2
      • Unit Type3 Rent 1500
      • Unit Type3 SqFt 1123
      • Unit Type3 Units Total 1
      • Unit Type4 Baths Total 1
      • Unit Type4 Beds Total 1
      • Unit Type4 SqFt 600
      • Unit Type4 Units Total 1
      • Unit Type4Rent 850
      • UnitTypeType 1,2,3,4
    • Room Features
      • Legal Description KILLINGSWORTH GARDENS, BLOCK 2, W 1/2 OF LOT 2 & E 1/2 OF LOT 2
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Description Level
      • Lot Size 20,000 SqFt to .99 Acres
      • Property Category Multi Family
    • Schools
      • Elementary School Rigler
      • High School Leodis McDaniel
      • Middle School Beaumont

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    Neighborhood

    97218 (Portland) Demographics

    35 Median Age
    2,147 Population Density (per sq. mile)
    49% College Educated
    $66,285 Estimated Median Income
    3,365 Estimated Total Home Owners
    2,111 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    15,191 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $533,000 Median Sales Price
    22 Homes Sold
    28 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,075,000
        3/31/2022 1:22:00 PM New in Database Source: Multiple Listing Service New Value: $1,075,000

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        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 MORE REALTY are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2022 RMLS™, Portland, Oregon. This content last updated on 5/27/2022 5:09:33 AM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.