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$799,000
Listing Price3beds
2baths
2,485sqft
14,810sqft lot
13414 Nw Sherry St, Portland, OR 97229
Member Features
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
*Don't Walk the Property* Cap rate is 6.2% with current rental income. 5-10 additional units can be added! Recent remodeling includes all new water and sewer line, new tankless water heaters, new electrical panels. Exceptional investment and development opportunity in the heart of Cedar Mill! This remodeled duplex features two spacious 3-bedroom, 1-bath units, offering strong rental appeal in a highly desirable location. A detached shop provides additional income and yard care, currently leased for $600/month. Situated on a generous, multi-family zoned lot, the property offers significant upside with the potential to add approximately 5-10 additional units while retaining the existing improvements. Estimated 912 unit project is achievable while keeping the existing structure. (buyer to complete all due diligence with Washington County). Minutes to Nike, Intel, downtown Portland, shopping, restaurants, parks, and public transit, this is a rare opportunity to own a cash-flowing asset with outstanding future development potential.
Interior Details
2485
3
2
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
Wood (unspecified)
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
14810
No
No
Type:
Driveway Concrete
Location:
N/A
Status:
N/A
Number of Spaces:
0
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
Wood
N/A
Hip
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$3,998
$0
$0
--%
$225,030
2018
$3,867
$0
$0
--%
$218,480
2017
$3,728
$0
$0
--%
$212,120
2016
$3,399
$0
$0
--%
$194,740
2015
$3,268
$0
$0
--%
$189,070
2013
$3,144
$0
$0
--%
$178,230
2012
$2,795
$0
$0
--%
$173,040
Average Home Price in 97229
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