Sold

$405,000

942 SE 16th Ave, Portland, OR 97214

2beds

3,311sqft

Multi Family

Built in 1904

-- sqft lot

$-- Zestimate^®

$122/sqft

$3,039 Estimated rent

Home value

Not available

Estimated sales range

Not available

$3,039/mo

Zestimate^® history

Owner options

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$3,039/mo

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$3,039/mo

Rent Zestimate^®

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$2,500/mo

Est. payment

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$2,500/mo

Est. payment

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What's special

Cash only sale. Priced to SELL! Perfect opportunity for investors to make this 4plex shine! Great income potential and instant equity with upgrades and cosmetic touches. Ideal location to eatery, shops and transportation!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 4
Full bathrooms: 4

Heating

Forced Air, Fireplace(s)

Appliances

Included: Range, Refrigerator, Electric Water Heater
Laundry: Common Area

Features

Flooring: Wood
Basement: Storage Space

Interior area

Total structure area: 3,311
Total interior livable area: 3,311 sqft

Property

Parking

Total spaces: 3
Parking features: Paved

Features

Stories: 3
Has view: Yes
View description: Seasonal

Lot

Features: Level, On Busline, SqFt 3000 to 4999

Details

Parcel number: R144441
Zoning: R5

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Siding
Foundation: Other
Roof: Composition

Condition

Fixer
Year built: 1904

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Laundry
Subdivision: Buckman, Hawthorne

Location

Region: Portland

Financial & listing details

Price per square foot: $122/sqft
Tax assessed value: $777,790
Annual tax amount: $7,336
Date on market: 9/17/2023
Cumulative days on market: 6 days
Listing terms: Cash
Total actual rent: 2580
Road surface type: Paved

Price history

Date	Event	Price
10/20/2023	Sold	$405,000-19%$122/sqft
Source: RMLS (OR) #23287405 Report a problem
9/25/2023	Pending sale	$499,900$151/sqft
Source: RMLS (OR) #23287405 Report a problem
9/17/2023	Listed for sale	$499,900$151/sqft
Source: RMLS (OR) #23287405 Report a problem
1/16/2018	Listing removed	$1,095
Source: Portland Property Management, Inc Report a problem
1/12/2018	Listed for rent	$1,095
Source: Portland Property Management, Inc Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,762 +3.7%	$325,180 +3%
2024	$8,447 +12.6%	$315,710 +11.6%
2023	$7,499 +2.2%	$282,990 +3%
2022	$7,336 +1.7%	$274,750 +3%
2021	$7,212 +9%	$266,750 +3%
2020	$6,616 +3.8%	$258,990 +3%
2019	$6,373	$251,450 +3%
2018	$6,373 +3%	$244,130 +3%
2017	$6,186 +14%	$237,020 +3%
2016	$5,426	$230,120 +3%
2015	$5,426 +2.7%	$223,420 +3%
2014	$5,283 +3.9%	$216,920 +3%
2013	$5,083 +10.5%	$210,610 +3%
2012	$4,598 +3.9%	$204,480 +3%
2011	$4,425 +5.4%	$198,530 +3%
2010	$4,198 +2.7%	$192,750 +3%
2009	$4,089 +6%	$187,140 +3%
2008	$3,858 +0.3%	$181,690 +3%
2007	$3,847 +11.4%	$176,400 +3%
2006	$3,454 +4.7%	$171,270 +3%
2005	$3,299 -8.2%	$166,290 +3%
2004	$3,594 +2.3%	$161,450 +3%
2003	$3,514 +8.9%	$156,750 +3%
2002	$3,227 +9.5%	$152,190 +6.1%
2000	$2,946 +5.4%	$143,460 +3%
1999	$2,795	$139,290