6402 SE 103RD AVE $1,599,900


    6402 SE 103RD AVE Portland, OR 97266

    • 14 Beds
    • 9 Baths
    • Multi-Family
    • Listing# 21578270
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    Views: 42 Days On Site: 124

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    Property Details

    Rare, close-in opportunity to invest in a charming 9-unit cottage-style complex with great proximity to downtown while providing a serene and rural feel alongside Johnson Creek and Springwater Trail! Updated 1 bed & 2 bed units showcasing slab counters, hard surface flooring, tile backsplash, built-ins, washer/dryer hookup, common courtyard space, ample parking and shared fenced backyard! 82 BikeScore!

    • General Features
      • Area Portland Southeast
      • Bank Owned Y/N No
      • Capitalization Rate 6.49
      • Country US
      • Fuel Description Electricity
      • Gross Income Actual 132780
      • Gross Income Projected 132780
      • Gross Rent Multiplier 12.05
      • Heating Description Zoned
      • Net Income Actual 103757
      • Net Income Projected 103757
      • Number Of Units Total 9
      • Operating Expenses Actual 25859
      • Operating Expenses Projected 25859
      • Sewer Description Septic Tank
      • Short Sale Y/N No
      • Supplement Number 0
      • Tax Amount 9163.48
      • Terms Cash,Conventional
      • Third Party Approval Y/N No
      • Utilities Included Sewer
      • View Type Creek/Stream,Trees/Woods
      • View Y/N Yes
      • Water Description Public
      • Year Built 1946
      • Zoning EG2
    • Building Features
      • SqFt Approximate Building Total 5350
      • Unit Type1 Baths Total 1
      • Unit Type1 Beds Total 2
      • Unit Type1 Rent 1500
      • Unit Type1 SqFt 750
      • Unit Type1 Units Total 1
      • Unit Type2 Baths Total 1
      • Unit Type2 Beds Total 1
      • Unit Type2 Rent 1100
      • Unit Type2 SqFt 550
      • Unit Type2 Units Total 1
      • Unit Type3 Baths Total 1
      • Unit Type3 Beds Total 1
      • Unit Type3 Features Furnished
      • Unit Type3 Rent 1085
      • Unit Type3 SqFt 550
      • Unit Type3 Units Total 1
      • Unit Type4 Baths Total 1
      • Unit Type4 Beds Total 2
      • Unit Type4 SqFt 750
      • Unit Type4 Units Total 1
      • Unit Type4Rent 1295
      • Unit Type5 Baths Total 1
      • Unit Type5 BedsTotal 2
      • Unit Type5 Rent 1295
      • Unit Type5 SqFt 750
      • Unit Type5 Units Total 1
      • Unit Type6 Baths Total 1
      • Unit Type6 Beds Total 2
      • Unit Type6 Rent 1295
      • Unit Type6 SqFt 500
      • Unit Type6 Units Total 1
      • Unit Type7 Baths Total 1
      • Unit Type7 Beds Total 2
      • Unit Type7 Rent 1295
      • Unit Type7 SqFt 500
      • Unit Type7 Units Total 1
      • Unit Type8 Baths Total 1
      • Unit Type8 Beds Total 1
      • Unit Type8 Rent 1100
      • Unit Type8 SqFt 500
      • Unit Type8 Units Total 1
      • Unit Type9 Baths Total 1
      • Unit Type9 Beds Total 1
      • Unit Type9 Rent 1100
      • Unit Type9 SqFt 500
      • Unit Type9 UnitsTotal 1
      • UnitFeatures Furnished
      • UnitTypeType 1,2,3,4,5,6,7,8,9
    • Room Features
      • Legal Description SECTION 15 1S 2E, TL 5000 0.53 ACRES
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Description Private,Trees
      • Lot Size 20,000 SqFt to .99 Acres
      • Property Category Multi Family
      • Roof Type Composition
    • Schools
      • Elementary School Kelly
      • High School Franklin
      • Middle School Lane


    GoodHome Group, LLC.

    GoodHome Group, LLC.

    Mark Shadrin & Andrea Gonzalez (Espanol)

    Licensed in the State of Oregon & Washington

    Real Estate Professionals Salem

    Direct: 503-983-4405
    • 2-10 Home Buyers Warranty
    • American Home Shield - Be sure with the Shield.


    97266 (Portland) Demographics

    35 Median Age
    5,843 Population Density (per sq. mile)
    26% College Educated
    $40,904 Estimated Median Income
    6,550 Estimated Total Home Owners
    5,620 Estimated Total Renters
    54% / 46% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    35,299 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $401,150 Median Sales Price
    42 Homes Sold
    70 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: $1,599,900
        5/26/2021 5:07:00 PM New in Database Source: Multiple Listing Service New Value: $1,599,900

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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 Berkshire Hathaway HomeServices Real Estate Professionals are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2021 RMLS™, Portland, Oregon. This content last updated on 9/27/2021 5:53:28 PM. 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.