Fantastic turn key investment property. Low maintenance newer construction craftsman plus an impressive 5.74 cap rate and all in an A+ location, just off of SE Hawthorne Blvd.! Unit A consist of the top 3 floors and boasts 5 bedrooms and 3 1/2 baths. Spacious main floor living with lovely kitchen and eat area that opens to the fenced backyard. Unit B is the 1,085 square foot lower level and is a 2 bed 1 bath. Fully separate water and electricity for both units. And both fully rented with tenants that would love to stay.
Sold
$740,000
4642 SE Madison St, Portland, OR 97215
7beds
4,292sqft
Multi Family
Built in 2008
-- sqft lot
$842,600 Zestimate®
$172/sqft
$3,233 Estimated rent
Home value
$842,600
$784,000 - $910,000
$3,233/mo
Zestimate® history
Owner options
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$3,233/mo
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$3,233/mo
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$4,523/mo
Est. payment
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$4,523/mo
Est. payment
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List your homeWhat's special
Spacious main floor livingLovely kitchen
Zillow last checked:
Listing updated:
Listed by:
Kevin Caplener 503-888-6999,
Windermere Realty Trust,
Gina Hall Miller 503-709-5622,
Windermere Realty Trust
Bought with:
Suzann Baricevic Murphy, 860700098
Where, Inc.
Source: RMLS (OR),MLS#: 24313154
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- Partial bathrooms: 1
Heating
- Forced Air 90
Cooling
- Central Air, Air Conditioning
Appliances
- Included: Refrigerator, Washer/Dryer, Dishwasher, Gas Water Heater
Features
- Flooring: Hardwood
- Basement: Exterior Entry,Finished,Separate Living Quarters Apartment Aux Living Unit
Interior area
- Total structure area: 4,292
- Total interior livable area: 4,292 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Off Street
- Has uncovered spaces: Yes
Features
- Stories: 4
Lot
- Size: 4,791 sqft
- Features: Level, SqFt 3000 to 4999
Details
- Parcel number: R332813
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Approximately
- Year built: 2008
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
- Subdivision: Sunnyside / Hawthorne
HOA & financial
Other financial information
- Total actual rent: 4925
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2024 | Listing removed | $6,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/14/2024 | Price change | $6,200-10.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/9/2024 | Price change | $6,900-12.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/2/2024 | Listed for rent | $7,900$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/21/2024 | Sold | $740,000-5.1%$172/sqft |
Source:  RMLS (OR) #24313154 Report a problem | ||
| 4/11/2024 | Pending sale | $780,000$182/sqft |
Source: RMLS (OR) #24313154 Report a problem | ||
| 2/26/2024 | Listed for sale | $780,000+200%$182/sqft |
Source: RMLS (OR) #24313154 Report a problem | ||
| 4/15/2010 | Sold | $260,000$61/sqft |
Source:  OCMLS #LC-57840 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Sunnyside
Nearby schools
GreatSchools rating
- 10/10Glencoe Elementary SchoolGrades: K-5Distance: 0.3 mi
- 10/10Mt Tabor Middle SchoolGrades: 6-8Distance: 0.8 mi
- 6/10Franklin High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Glencoe
- Middle: Mt Tabor
- High: Franklin
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$842,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$842,600
- Oregon
- Multnomah County
- Portland
- 97215
- Sunnyside
- 4642 SE Madison St
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