1404 NE HANCOCK ST

Portland, OR 97212
Square Ft.
7,804
$1,320,000
Mediterranean Revival Gem! Step into this beautifully restored 5-unit building exuding timeless charm. This rare offering masterfully blends historic character with modern enhancements. Nestled in a desirable Irvington location, this architectural treasure features five distinct residences, each designed to reflect the building’s original elegance while meeting today’s standards of comfortRead MoreRead Less
Listing courtesy of Move Real Estate Inc, 503-836-2010.
Listing Snapshot
Days Online
26
Last Updated
Square Ft.
7,804
Lot Size
0.12 Acres
Year Built
1928
MLS Number
204244204
30 Days Snapshot Of 97212
$756k
-12%
(avg) sold price
19
-47%
homes sold
73
+151%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: FullBasement, Unfinished
Building
Building Area Total: 7804, Built in 1928, Storage: Basement, IndividualStorageUnits, Stories: 3, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
Expenses
Operating Expense Scheduled: 32202, Operating Expense: $45,628
Exterior Features
Exterior Description: Stucco
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: Radiant
Income
CAP Rate: 4.43, Gross Income: $104,100, Gross Rent Multiplier: 12.68, Gross Scheduled Income: $109,920, Net Operating Income: $58,471, Net Scheduled Income: 77718
Lot
Features: CornerLot, Level, Size Acres: 0.12, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, AnnualPropertyOperationData
Parking
Features: OnStreet
Property
Number Of Units Total: 5, Property Condition: Restored, Zoning: RM3
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $12,511, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $2,010, Area: 1300, Features: Fireplace, HardwoodFloors, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,800, Area: 1300, Features: Fireplace, HardwoodFloors, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $2,065, Area: 1300, Features: Fireplace, HardwoodFloors, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Four
Actual Rent: $2,040, Area: 1300, Features: Fireplace, HardwoodFloors, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Five
Actual Rent: $1,245, Area: 800, Features: Dishwasher, HardwoodFloors, Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, Gas, Hot Water Description: Electricity, Water Source: PublicWater
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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.