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1448 NE 28TH AVE Portland, OR $ 1,399,900
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1448 NE 28TH AVE
$ 1,399,900
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1448 NE 28TH AVE

Portland, OR, 97232
$ 1,399,900
Bedrooms3 Baths2.0 Sq 2,903

Monthly Estimate*

$ 9,304

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Multi-Family Home for sale in Portland, OR

for $1,399,900 with 3 bedrooms and 2 full baths. This 2,903 square foot home was built in 1909 on a lot size of 0.05.

**Rare Mixed-Use Commercial Building located in the heart of Sullivans Gulch** Completely Restored from the studs! CM1 Zoning. Commercial portion downstairs (Zoned "M" for Mercantile/Retail). Currently Leased on Gross modified Lease. Residential portion (Zoned R3) located upstairs also completely renovated. New Grease trap installed in downstairs, New Garage doors, New closed cell insulation throughout commercial walls, TESLA charging ports in Driveway. Would make great coffee shop, bar, or restaurant or even office space! Plumbed for cat6, New Electrical thought, New Plumbing, New Siding, New HVAC, & Central Air, New reclaimed hardwood, New windows, New Doors, And anything else you can think of. (2) 220 amp plugs in drive way. Hot/Cold outside water. Upstairs completely remodeled. Can be used for Airbnb. Or building can be used a Work Live Space. Updaters has large 220 square ft Balcony. New Exterior lighting and Brick. Photos of the entire process taken of Renovation. No corners cut. Bike Score: 97Walk Sore: 95Transportation Score:60Distance to airport: 6.6 milesDistance to Rose Quarter: 2 milesDistance to Downtown PDX: 4.8 miles

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Multi-Family Active

Price

$ 1,399,900

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,014

Style

Lot Size

0.05

Year Built

1909

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

24696462
Features
General
Sewer PublicSewer
Heating ForcedAir95Plus
Cooling CentralAir
Roof Flat
Zoning CM1
Year Built 1909
Stories 2
Tax Year 2023
Gross Income 135695.0
County Multnomah
Net Operating Income 122340.0
Operating Expense 14256.0
Property Type MultiFamily
Rent Includes None
Status Active
Directions NE HALSEY/NE 28TH AVE
High School Grant
City Portland
NumberOfUnitsTotal 2
MLS Area _142
Lot Size Square Feet 2178.0
Street Name 28TH
Listing Terms Cash Conventional FHA VALoan
Elementary School Beverly Cleary
Tax Annual Amount 3014.48
Middle/Junior High School Beverly Cleary
Property Condition UpdatedRemodeled
Days on Market 55
Standard Status Active
Legal Description YORK BLOCK 1 N 28' OF LOT 7
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Interior
Basement None
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 0
Unit 2 Baths Total 1
Unit 2 Beds Total 3
Street Suffix AVE
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Assigned
Lot Features Level
Water Source PublicWater
Exterior Description LapSiding Stone WoodSiding
Building Area Total 2903.0
Lot Size Acres 0.05
Road Surface Type Paved
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Internal Only
Street Number 1 1448
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* Excluded Features
List By
Modern Realty

Broker

Santino@ModernRealty.House

Email

Affordability Calculator

$9,555
Per Month
97%
3%
0%
Monthly Principal & Interest
$9,304
Monthly Property Taxes
$251
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949221 Elementary School
1950176 Middle School
Grant High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/13/2024$1,399,900 Listed Price

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1448 NE 28TH AVE, Portland, OR, 97232 is a Multi-Family Home for sale at $1,399,900 with 2,903 sqft and a lot size of 0.05. 1448 NE 28TH AVE has 3 bedrooms, 2.0 baths, and was built in 1909. The property's zip code is 97232 which is in Portland, OR

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