About 1838 Sw Mill Street Ter
Fantastic opportunity for an owner occupant with a FHA loan or a great investment property. Highly sought out close-in location moments to downtown Portland. PSU, Farmers markets, art museum, Providence Park, restaurants, coffee and access to highway 26. Modern design with exposed beams, wood ceilings, and wood floors. Desirable, large units are easy to rent and never vacant. Rents are $1732 + $1655. Plenty of outdoor space, and parking with its own private driveway. Each unit has its own expansive deck and huge storage space in the basement. City and mountain views, updated bathrooms and spacious units. It is the best of both worlds - private and nestled in the trees but so quick to all the action. Property is zoned RM2 so potential to expand is here if desired.
Features of 1838 Sw Mill Street Ter
| MLS® # | 23481280 |
|---|---|
| Price | $550,000 |
| Units | 2 |
| Square Footage | 1,680 |
| Acres | 0.11 |
| Year Built | 1890 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 1838 Sw Mill Street Ter |
|---|---|
| Area | 148 - Portland NW/ SW/ S, Raleigh Hills |
| City | Portland |
| County | Multnomah |
| State | OR |
| Zip Code | 97201 |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Unfinished, Dirt Floor, Storage Space |
Exterior
| Exterior | Wood Siding |
|---|---|
| Lot Description | Corner Lot, Trees, Private, Secluded |
| Roof | Flat |
| Foundation | Concrete Perimeter, Other |
School Information
| Elementary | Ainsworth |
|---|---|
| Middle | West Sylvan |
| High | Lincoln |
Additional Information
| Date Listed | July 7th, 2023 |
|---|---|
| Days on Market | 303 |
| Zoning | RM2 |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 5.70 |
Unit 1 Details
| Beds | 1 |
|---|---|
| Baths | 1 |
| Rent | $1,655 |
| Features | Deck, Dishwasher, WasherDryer, WoodFloors |
Unit 2 Details
| Beds | 1 |
|---|---|
| Baths | 1 |
| Rent | $1,732 |
| Features | Deck, Dishwasher, WasherDryer, WoodFloors |
Listing Details
| Office | Portland Proper Real Estate |
|---|