Log In/Sign Up
Your email has been sent.
344 SE 29th Ave 4 Unit Apartment Building $1,168,283 CAD ($292,071 CAD/Unit) 5.78% Cap Rate Portland, OR 97214
Investment Highlights
- Good nieghborhood
- Upside in rents
- Laundry Room
Executive Summary
Inspections upon agreed PSA
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$97,395
|
$32.90
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$4,870
|
$1.65
|
| Effective Gross Income |
$92,525
|
$31.26
|
| Taxes |
$12,680
|
$4.28
|
| Operating Expenses |
$12,320
|
$4.16
|
| Total Expenses |
$25,000
|
$8.45
|
| Net Operating Income |
$67,525
|
$22.81
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $97,395 |
| Annual Per SF | $32.90 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $4,870 |
| Annual Per SF | $1.65 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $92,525 |
| Annual Per SF | $31.26 |
| Taxes (CAD) | |
|---|---|
| Annual | $12,680 |
| Annual Per SF | $4.28 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $12,320 |
| Annual Per SF | $4.16 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $25,000 |
| Annual Per SF | $8.45 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $67,525 |
| Annual Per SF | $22.81 |
Property Facts
| Price | $1,168,283 CAD | Apartment Style | Townhome |
| Price Per Unit | $292,071 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 5.78% | Building Size | 2,960 SF |
| Gross Rent Multiplier | 12 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1967/2019 |
| Property Subtype | Apartment | ||
| Zoning | R5 - Medium-High Density Residential | ||
| Price | $1,168,283 CAD |
| Price Per Unit | $292,071 CAD |
| Sale Type | Investment |
| Cap Rate | 5.78% |
| Gross Rent Multiplier | 12 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 2,960 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1967/2019 |
| Zoning | R5 - Medium-High Density Residential |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,025 CAD | 740 |
1 1
Exceptionally walkable
90/100
Fairly drivable
50/100
Some public transit
50/100
Very bikeable
80/100
Property Taxes
| Parcel Number | R126055 | Total Assessment | $498,398 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Annual Taxes | $12,680 CAD ($4.28 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
R126055
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$498,398 CAD (2025)
Annual Taxes
$12,680 CAD ($4.28 CAD/SF)
Tax Year
2024
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Castagno Real Estate Inc
344 SE 29th Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.