1516 SE SHERRETT ST, Portland, OR 97202

1516 SE SHERRETT ST $620,000

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    1516 SE SHERRETT ST Portland, OR 97202

    • 0 Beds
    • 0 Baths
    • Multi-Family
    Listing# 19124334
    SOLD 7/15/2019

    $620,000

    Days On Market: 4 0 Views
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    Property Details

    Awesome duplex in sought-after Sellwood! Great investment/owner occ opportunity! Each unit: 2beds, 1.1 baths, spacious rooms, gas fireplace, tuck under garage, covered deck both front & back, private fenced back yards. Fantastic indoor & outdoor space! Just 5 blocks to the heart of Sellwood! Walkscore 85. Less than 1mi to Sellwood & Westmoreland Parks & Sellwood Riverfront. Offer subj to interior insp. No sign, do not disturb tenants.

    • General Features
      • Area Portland Southeast
      • Bank Owned Y/N No
      • Capitalization Rate 3.87
      • Country US
      • Fuel Description Gas
      • Gross Income Actual 38400
      • Gross Income Projected 38400
      • Gross Rent Multiplier 15.60
      • Heating Description Forced Air
      • Hot Water Description Electricity
      • Net Income Actual 23162
      • Net Income Projected 23162
      • Number Of Units Total 2
      • Operating Expenses Actual 15238
      • Operating Expenses Projected 15238
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Stories 3
      • Subdivision SELLWOOD MORELAND
      • Supplement Number 0
      • Tax Amount 7456.53
      • Terms Cash,Conventional,FHA,VA Loan
      • Third Party Approval Y/N No
      • Utilities Included Trash Collection,Water
      • View Y/N No
      • Water Description Public
      • Year Built 2000
      • Zoning R5
    • Building Features
      • Exterior Description Vinyl Siding
      • Garage Or Parking Spaces 2
      • SqFt Approximate Building Total 3440
      • Storage Garage(s),Basement
      • Unit Type1 Baths Total 2
      • Unit Type1 Beds Total 2
      • Unit Type1 Features Deck,Fireplace,Hardwood Floors,Range
      • Unit Type1 Rent 1600
      • Unit Type1 SqFt 1520
      • Unit Type1 Units Total 1
      • Unit Type2 Baths Total 2
      • Unit Type2 Beds Total 2
      • Unit Type2 Features Deck,Fireplace,Hardwood Floors,Range
      • Unit Type2 Rent 1600
      • Unit Type2 SqFt 1520
      • Unit Type2 Units Total 1
      • UnitFeatures Deck,Fireplace,Hardwood Floors,Range
      • UnitTypeType 1,2
    • Room Features
      • Basement Foundation Full Basement,Partial Basement
      • Legal Description SELLWOOD, BLOCK 65, LOT 14
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Description Level
      • Lot Size 5,000 to 6,999 SqFt
      • Parking Description Attached,Garage
      • Property Category MultiFamily
      • Roof Type Composition
    • Schools
      • Elementary School Duniway
      • High School Cleveland
      • Middle School Sellwood

    Neighborhood

    97202 (Portland) Demographics

    35Median Age
    6,582Population Density (per sq. mile)
    65%College Educated
    $61,768 Estimated Median Income
    8,860Estimated Total Home Owners
    9,150Estimated Total Renters
    49% / 51%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    41,719Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $550,000 Median Sales Price
    42 Homes Sold
    81 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        7/15/2019 12:00:00 AM Sold Source New Value: $620,000
        7/1/2019 10:06:24 AM Status Changed Source New Value: Pending
        6/27/2019 2:06:48 AM Status Changed Source New Value: Active
        6/21/2019 7:36:30 AM Status Changed Source New Value: Pending

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