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1035 SE 14th Ave, Portland, OR, 97214

$1,050,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,824 SqFt
$372/SqFt
House
Schools Nearby

Location

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1035 SE 14th Ave, Portland$1,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1908
CoolingWall Unit(s)
BasementYes
MLS #24185516
Lot Size0.06 Acres
StatusActive

About 1035 SE 14th Ave

Charming fully restored 6-unit building situated in Buckman neighborhood between popular Belmont and Hawthorne shops and restaurants. Walkers paradise: 96 & Bikers paradise: 97. 2018 studs out remodel included electrical wiring/panels, water lines, water heaters, doors, bathrooms, common area, washer/dryer/storage room and kitchens with new cabinets, quartz countertops and stainless appliances. New roof in 2020 and common area windows in 2021. Unit mix is comprised of three (3) 1 bed / 1 bath units, one (1) 2 bed / 1 bath unit and two studios upstairs sharing one bath. Prime close-in investment opportunity to acquire a turn-key well performing asset in a strong Portland submarket. Subject property currently achieves gross monthly rents of $7,665 per month + 2023 utility reimbursements averaging ~$536 per month. Projected 2024 Effective Gross Income (EGI) of ~$96,553. Stabilized expense load of ~39% provides an Net Operating income of ~$58,712.

Property Details

Property Features

Property Information:

  • Year Built: 1908
  • Living Area: 2,824 SqFt

Listing Office:

  • Office Name: Constant Commercial Real Estate Inc
  • Office Phone: (503) 222-0282
  • Listing Agent: Cory Carlson

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Cleveland High School, Public District Grades 9-12
  • Hosford Middle School, Public District Grades 6-8
  • Buckman Arts Focus Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: West Corner of SE Taylor and SE 14th

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,050,000
  • Price Per SqFt: $372/SqFt

Tax Information:

  • Annual Amount: $10,171
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$539.4K

Med. Price/SqFt

$314

Avg. Days On Market

44

# of Sold Homes

611

1035 SE 14th Ave vs Portland

58 DAYS ON ROCKET

+14 Days

$1,050,000

+$510.5K More

$372/SqFt

+$58 More

KEY TAKEAWAY

This property is $510.5K more than the Median Sold Price and $58/SqFt more than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24185516

Listing Office:

  • Office Name: Constant Commercial Real Estate Inc
  • Office Phone: (503) 222-0282
  • Listing Agent: Cory Carlson

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 1:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 01, 2015Home Sold
$495,000
Jun 01, 1991Home Sold
$72,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,171$398,110
2018$6,304$248,820
2017$6,043$241,580

History based on county public records data.

Payment Calculator

$5,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,214

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2294266
5
/10

  • Buckman Arts Focus Elementary School

  • 320 SE 16th Ave

  • 0.37 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2294267
6
/10

  • Hosford Middle School

  • 2303 SE 28th Pl

  • 0.92 miles

  • Public District Grades 6-8

High School

school-card-donut-2294268
5
/10

  • Cleveland High School

  • 3400 SE 26th Ave

  • 1.32 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,854. Typical income of Portland, OR residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1035 SE 14th Ave

What is the listing price of this property?

The listing price of 1035 SE 14th Ave property is $1,050,000.

What type of property is this?

The property 1035 SE 14th Ave is a house located in Portland, Oregon, 97214.

Is this property for sale now?

Active Listing: 1035 SE 14th Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1035 SE 14th Ave are:
Buckman Arts Focus Elementary School: GreatSchools Rating 5/10
Hosford Middle School: GreatSchools Rating 6/10
Cleveland High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,171 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 1, 2015 for $495,000. (source: MLS/tax record).

What is the square footage of this property?

The property 1035 SE 14th Ave is 2,824 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1035 SE 14th Ave is 1908.

Rocket Homes›Oregon›Multnomah County›Portland›97214›1035 SE 14th Ave

This home is located at 1035 SE 14th Ave in Portland, OR and zip code 97214 in the Southeast Portland neighborhood. This 2,824 square foot home, which was built in 1908, sits on a 0.06 acre lot. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $1,050,000.

While more than 245 listings in Portland, OR in March 2024 were sold above asking price, there were more than 149 listings sold at asking price, and more than 217 were sold below. The number of listings in Portland, OR increased by 8% between February 2024 and March 2024. In March 2024 median list price was $539,441 and the average listing age was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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