Fantastic property located in NE Portland. 11 bedrooms, 5 full baths, and 4 half baths and 3 kitchens, one on each level. Updates with tasteful additions, and extremely well maintained. Investor opportunity with solid cash flow with an 8.56 cap rate. Rented fully as a care home. ADA friendly home, featuring accessibility amenities including an approach with ramp, accessible doors and hallways, main floor bedrooms with baths and walk in showers. High vaulted ceilings in back unit and lots of natural light on the upper floor and hardwoods throughout the main floor with many period details such as coved ceilings, two fireplaces and built-ins. All rooms are equipped with high end Mini-splits and energy efficient double pane vinyl windows. Great opportunity to own a high income producing property close to Wilshire Park, Beaumont Village and a short distance to Alberta Arts.
Room Features
Bathrooms Full Lower Room2
Bathrooms Full Main Room2
Bathrooms Full Upper Room1
Bathrooms Partial Lower Room1
Bathrooms Partial Main Room2
Bathrooms Partial Upper Room1
Bathrooms Total Lower Room2.1
Bathrooms Total Main Room2.2
Bathrooms Total Upper Room1.1
Primary BedroomMain
Basement DescriptionFinished, Separate Living Quarters/Apartment/Aux Living Unit, Full Basement
Lot & Building Features
AppliancesDishwasher, Range Hood, Free-Standing Refrigerator, Free-Standing Range
CoolingOther
HeatingMini Split
Parking DescriptionDriveway, On Street
SewerPublic Sewer
WaterPublic Water
Water HeaterElectricity
Fireplaces2
Community and Schools
Elementary SchoolVernon
Junior High SchoolVernon
Senior High SchoolJefferson
Price History of 4450 38TH AVE, Portland, OR
Date
Name
Price
Difference
07/31/2024
Price Adjustment
$1,440,000
0.69%
06/05/2024
Price Adjustment
$1,450,000
2.36%
02/21/2024
Price Adjustment
$1,485,000
0.67%
10/09/2023
Price Adjustment
$1,495,000
3.24%
08/01/2023
Price Adjustment
$1,545,000
3.13%
06/22/2023
Listing Price
$1,595,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
4450 38TH AVE (MLS #23382743) is a english single family home located in Portland, OR.
This single family home is 4,948 sqft and on a lot of 5,227 sqft (or 0.12 acres) with 11 bedrooms, 9 baths and is 82 years old. This property was listed on 06/22/2023 and has been priced for sale at $1,440,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: John L. Scott Portland Central