For Sale

$4,700,000

12026 SE Ash St, Portland, OR 97216

71Beds
47Baths
30000SqFt

71Beds
47Baths
30000SqFt

Property Type
Condo
Year Built
2011
Price per Sqft
$157
On highrises
1876 Days

Property Details

Ash Court is a 47 unit apartment building. Built in 2011, each unit includes a washer/dryer, wall to wall carpet, and spacious floor plan.6.36% Cap Rate 6.43% Cash on Cash*Both based on actual operating numbers

Property Features

Bedrooms

Bedrooms: 71

Heating and Cooling

Cooling Features: HeatPump
Heating Features: HeatPump
Heating Fuel: Electricity
Heating: Yes
Water Heaters: Electricity

Bathrooms

Full Bathrooms: 47

Rental Info

Gross Income: 461848
Rent Includes: Sewer, TrashCollection, Water

Multi-Unit Info

Number of Units: 47
Unit Type: UnitTypeType1, UnitTypeType2
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1

Other Property Info

LotSizeRange: SqFt15000to19999
Annual Tax Amount: 7093.010000000
Source Listing Status: Pending
County: Multnomah
Cap Rate: 6.36
Directions: SE Portland | 47 units | High Quality Low-Income Housing
Source Property Type: MultiFamily
Parcel Number: R293814
Zoning: RH
Source System Name: C2C

Commercial Info

Net Operating Income: 298843
Operating Expense: 163005

Building and Construction

Year Built: 2011
Building Area Total: 30000
Building Exterior Type: CementSiding
Foundation Details: Slab
Property Age: 13
Roof: Composition

Utilities

Sewer: PublicSewer
Water Source: PublicWater

Home Features

Security Features: HandicapAccess, Sidewalk

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
01/20/2024	Price Changed	$4,700,000	$157	RMLS
01/19/2024	Price Changed	-	-	RMLS
09/10/2022	Price Changed	$4,700,000	$157	RMLS
09/09/2022	Price Changed	-	-	RMLS
11/22/2019	Sold	$4,350,000	$146	Public Record
11/02/2019	Relisted	$4,700,000	$157	RMLS
02/15/2018	Listing removed	$4,700,000	$157	RMLS

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2023	$56,425	-	+	-	=	$2,400,720
2022	$53,485	-	+	-	=	$2,330,800
2021	$7,715	-	+	-	=	$382,760
2020	$7,438	-	+	-	=	$371,620
2019	$7,370	-	+	-	=	$360,800
2018	$6,295	-	+	-	=	$350,300
2017	$7,284	-	+	-	=	$340,100

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
372 SE 86th Ave	$338.8K	2	3	986	986
10985 E Burnside St Apt 2	$139.9K	0	1	396	396
1680 SE 89th Ave	$449.9K	4	3	1437	1437
1682 SE 89th Ave	$419.9K	3	3	1416	1416
10985 E Burnside St Unit 17	$144.9K	0	1	384	384
11829 SE Mill Ct	$350K	3	3	1426	1426

Presented by:
Cameron Irtifa
state license#200412234

Broker Location:

BEAVERTON

Data Source:

RMLS

Source's Property ID:

17107745

Data Source Copyright:

$4,700,000

12026 SE Ash St, Portland, OR 97216

12026 SE Ash St, Portland, OR 97216

Property Details

Property Features

Bedrooms

Heating and Cooling

Bathrooms

Rental Info

Multi-Unit Info

Other Property Info

Commercial Info

Building and Construction

Utilities

Home Features

Property History

Property Price

Property Tax

Neighborhood

Environmental Risk

Nearby Home Values

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