This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

945 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Morrison 4 Plex 714 SE 16th Ave

4 Unit Apartment Building $1,477,723 CAD ($369,431 CAD/Unit) 5% Cap Rate Portland, OR 97214

Apartment Buildings Oregon Portland 714 SE 16th Ave, Portland, OR 97214

Investment Highlights

  • Victorian 4 plex with large back yard in PRIME SE location and ONE HALF block to Buckman Park.

Executive Summary

Breaking news! MAJOR PRICE REDUCTION...$1,052,000. In addition, Seller has authorized the sale of this property without the contingency of a simultaneous sale of the other nearby properties within their portfolio.
Please do NOT disturb tenants. Physical tour of property ONLY after mutually accepted LOI. Please see Scan #132 - Oregon Real estate Agency Disclosure Pamphlet. Thank you.

Attachments

scan0132

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,477,723 CAD Apartment Style Low Rise
Price Per Unit $369,431 CAD Lot Size 0.11 AC
Sale Type Investment Building Size 4,444 SF
Cap Rate 5% Average Occupancy 100%
Sale Conditions 1031 Exchange No. Stories 2
No. Units 4 Year Built 1908
Property Type Multifamily Parking Ratio 0.23/1,000 SF
Property Subtype Apartment
Price $1,477,723 CAD
Price Per Unit $369,431 CAD
Sale Type Investment
Cap Rate 5%
Sale Conditions 1031 Exchange
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Lot Size 0.11 AC
Building Size 4,444 SF
Average Occupancy 100%
No. Stories 2
Year Built 1908
Parking Ratio 0.23/1,000 SF

Unit Amenities

  • Cable Ready
  • Storage Space
  • Crown Molding
  • Granite Countertops
  • Hardwood Floors
  • Range
  • Tub/Shower
  • Carpet
  • Yard
  • Basement
  • Built-In Bookshelves
  • Deck
  • Dining Room
  • Pantry

Site Amenities

  • Fenced Lot
  • Vintage Building

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $2,420 CAD -
1 of 1
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number R114334 Total Assessment $548,184 CAD
Land Assessment $0 CAD Annual Taxes -$1 CAD ($0.00 CAD/SF)
Improvements Assessment $0 CAD Tax Year 2023

PROPERTY TAXES

Parcel Number
R114334
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$548,184 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023

zoning

Zoning Code R 2.5 (R 2.5 - Residential)
R 2.5 (R 2.5 - Residential)
(541) 686-1415

  • Listing ID: 30133478

  • Date on Market: 2023-11-20

  • Last Updated:

  • Address: 714 SE 16th Ave, Portland, OR 97214

The SE Close-In Multifamily Property at 714 SE 16th Ave, Portland, OR 97214 is currently available. Contact Ruggles Commercial Realty for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 12
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/12
714 SE 16th Ave, Portland, OR for sale Building Photo- Image 1 of 12
selker16th20130317_0937-01
714 SE 16th Ave, Portland, OR for sale Building Photo- Image 2 of 12
selker16thfrontbalcony072024
714 SE 16th Ave, Portland, OR for sale Interior Photo- Image 3 of 12
selker16th2LR072024
714 SE 16th Ave, Portland, OR for sale Interior Photo- Image 4 of 12
selker16thLR072024
714 SE 16th Ave, Portland, OR for sale Interior Photo- Image 5 of 12
selker16th2bathroom072024
714 SE 16th Ave, Portland, OR for sale Interior Photo- Image 6 of 12
selker16thbathroom072024
714 SE 16th Ave, Portland, OR for sale Interior Photo- Image 7 of 12
selker16th6interior05c2f2b86561b93f0ec256733f5f1ff3-uncropped_scaled_within_1536_1152
714 SE 16th Ave, Portland, OR for sale Interior Photo- Image 8 of 12
selker16th5kitchendf921389c4a02d215a8044215280db32-uncropped_scaled_within_1536_1152
714 SE 16th Ave, Portland, OR for sale Interior Photo- Image 9 of 12
selker16thkitchenaee6b52b79eaab095759073fe56e6d54-uncropped_scaled_within_1536_1152
714 SE 16th Ave, Portland, OR for sale Interior Photo- Image 10 of 12
selker16th4interiorb7bf994bfdaf560a3f90af301131e45b-uncropped_scaled_within_1536_1152 (1)
714 SE 16th Ave, Portland, OR for sale Interior Photo- Image 11 of 12
selkerinterior16th20200806_1948-01

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Morrison 4 Plex | 714 SE 16th Ave
(541) 686-1415 x

Morrison 4 Plex | 714 SE 16th Ave

Allen Ruggles

(541) 686-1415

(541) 686-1415

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link