Ne St Ave, Portland, Home For Sale

house for sale

Listed: 07/07/24

931 NE 81st Ave, Portland, Oregon, 97213

12 Bed:

12 Bath:

5,208 Sq Ft Living Area:

Save

Price

$ 1,05M

Show 6 more

About This House

Fantastic 4-plex property with unique hard-to-find 3 bedroom/2.1 bath, large 1300 square foot units great for longer term tenanncies. Stackable washer and dryer in every unit. Large living spaces. Kitchens include a range, refrigerator, dishwasher and disposal, built-in microwave, and spacious dining room. Living rooms have slider access to a fenced, private yard. All bedrooms are up. Primary has an en-suite bath with a shower and a walk-in closet. The second full bath has a tub/shower combination. Units are separately metered for electricity. Great for an owner-occupant after the lease ends8/31/24. 6% cap rates are based on rent improvement to the highest rent level. Current cap rate of 5.5%. RUBS allows for utility bill back in all leases. Easy to get to mass trans, coffee, parks, and restaurants. 97 bike score. 82 walk score.

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Houses for sale in Portland

Original listing

Montavilla Housing & Living

Average sale prices for houses

3 bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$460,750 (-3.2%)
May 2024	$475,986 (-9.9%)
Apr 2024	$528,284 (0%)
Mar 2024	$528,284 (0%)
Feb 2024	$528,284 (0%)
Jan 2024	$528,284 (+11.9%)

In June 2024, the asking price for 3 bed houses for sale in/near Montavilla, Portland, United States averaged $460,750, a decrease of 3.2% from the previous month.

Median price trends for properties for sale in Montavilla, Portland, United States as of June 2024.

Household Income

Median household income: $73,097

Number of households: 273,607

The average household income in Portland, OR grew from $66,187 to $73,097 in the past year. This data is an estimate based upon 273,607 households in Portland, OR.
The chart below presents how household income is distributed in Portland, OR in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Portland, OR compared to median property taxes around the country. The prevalent amount of property taxes in Portland, OR equals $3k+ , which is more than the national average.