6 months on rocket

2431 SE 141st Ave, Portland, OR, 97233

$949,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,516 SqFt
$210/SqFt
House

Location

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2431 SE 141st Ave, Portland$949,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned, Garage
Garage3 spaces
Year Built1998
HeatingForced Air
CoolingWall Unit(s)
MLS #24301823
Lot Size0.22 Acres
StatusActive

About 2431 SE 141st Ave

Projected CAP Rate for 2024 is 5.63% Excellent opportunity for investor or owner occupied investor. This well built 1998 4Plex has been meticulously maintained for years. Unit #1 is located (eastside) above the 3 garages with additional assigned parking for each unit. Units #2 and #3 are two levels. Unit #4 is one level built to 1998 ADA standards. There is huge upside potential for increased rent rates to maximize net operating profit and create a possible cap rate of over 7%. No sign on property. Please do not disturb tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Living Area: 4,516 SqFt

Listing Office:

  • Office Name: John L. Scott Portland Metro
  • Office Phone: (503) 665-0111
  • Listing Agent: Dan McGraw

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Assigned, Garage

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: SE Division to 141st Ave and turn north.

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000
  • Price Per SqFt: $210/SqFt

Tax Information:

  • Annual Amount: $8,916
  • 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

$541.3K

Med. Price/SqFt

$315

Avg. Days On Market

48

# of Sold Homes

849

2431 SE 141st Ave vs Portland

184 DAYS ON ROCKET

+136 Days

$949,000

+$407.6K More

$210/SqFt

-$106 Less

KEY TAKEAWAY

This property is $407.6K more than the Median Sold Price and $106/SqFt less 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: #24301823

Listing Office:

  • Office Name: John L. Scott Portland Metro
  • Office Phone: (503) 665-0111
  • Listing Agent: Dan McGraw

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: 11/17/2024, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 23, 1997Home Sold
$26,500
Feb 29, 1996Home Sold
$64,000
Dec 29, 1995Home Sold
$43,500

Tax History

YEARPROP. TAXASSESSMENT
2020$8,916$413,490
2018$8,309$389,760
2017$8,002$378,410

History based on county public records data.

Payment Calculator

$4,804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,912

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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.

Nearby Schools

school-card-donut-429166
6
/10

  • Arthur Academy

  • 13717 SE Division St

  • 0.14 miles

  • Public Charter Grades KG-5

school-card-donut-429167
3
/10

  • Lincoln Park Elementary School

  • 13200 SE Lincoln St

  • 0.41 miles

  • Public District Grades PK-5

school-card-donut-429168
2
/10

  • Mill Park Elementary School

  • 1900 SE 117th Ave

  • 1.11 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,880. Typical income of Portland, OR residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2431 SE 141st Ave

What is the listing price of this property?

The listing price of 2431 SE 141st Ave property is $949,000.

What type of property is this?

The property 2431 SE 141st Ave is a house located in Portland, Oregon, 97233.

Is this property for sale now?

Active Listing: 2431 SE 141st Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,916 (source: MLS/based on county public records data).

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

The last sale was on January 23, 1997 for $26,500. (source: MLS/tax record).

What is the square footage of this property?

The property 2431 SE 141st Ave is 4,516 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2431 SE 141st Ave is 1998.

Rocket Homes›Oregon›Multnomah County›Portland›97233›2431 SE 141st Ave

This home is located at 2431 SE 141st Ave in Portland, OR and zip code 97233 in the East Portland neighborhood. This 4,516 square foot home, which was built in 1998, sits on a 0.22 acre lot. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $949,000.

Portland, OR housing market in October 2024 saw over 298 listings sold above listed price, more than 212 sold at listed price and over 339 sold below. Between September 2024 and October 2024, Portland, OR real estate market has seen increase in the number of listings by 4.2%. The median list price of listings available in October 2024 was $541,309, while the average time on the real estate market was 48 days.

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

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