11604 SW 35th Ave
Portland, OR 97219
- 7 beds
- 5 baths
- 2,618 sqft
- ~1/2 acre lot
- $328 per sqft
- 1989 build
- – on site
Park like settings, HUGE Half Acre lot! Charming Adult Foster Care Home with Long-Term Tenant. CUSTOM BUILT excellent SW Portland location. Nestled in a tranquil neighborhood, this property is a hidden gem for investors seeking a reliable income stream. Currently occupied by a long-term tenant, the premises have been successfully operated as an Adult Foster Care Home, ensuring stability and a proven track record of success. Special Layout: Designed to cater to the needs of an Adult Foster Care facility, the property boasts 5 bedrooms, 2.5 baths on the Main level, Separate living quarters upstairs with 2 Master Suites. Extensive decking all around. Fire suppression system and generator hook-up. Quality remodel w/Newer roof, fiber cement siding, gutters. Vinyl windows, Entry & French Patio doors, laminate flooring & carpet, gas range, refrigerator. Unfinished 1800 sqft daylight basement! Prime Location: Situated in a serene and accessible area, the property benefits from proximity to essential amenities, including parks, medical facilities, and shopping centers. Excellent Condition: Regular upkeep and maintenance by the current tenant ensure that the property is in excellent condition, ready for continued use as a foster care home or any other purpose you envision. Investment Opportunity: Turnkey Operation: With a stable, long-term tenant already in place, this property offers a turnkey investment opportunity with minimal initial effort. Versatile Potential: Whether you wish to continue its operation as an Adult Foster Care Home or explore other possibilities, this property offers versatile potential to suit your investment goals. Make Your Offer subject to Interior Inspection, providing you the opportunity to thoroughly review the property and confirm its suitability for your needs. Don't miss this unique opportunity to invest in a property with a successful business model and a dependable tenant. Please don't disturb tenant. Photos from previous listing. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10127781]
Listing courtesy of RMLS / MORE Realty
Last checked:
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Last updated Nov 24, 2024
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MLS# 24429464 —
The Building
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Year Built:1989
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New Construction:false
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Architectural Style:Stories2, CustomStyle
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Roof:Composition
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Stories:2
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Basement:Daylight,StorageSpace,Unfinished
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Foundation Details:ConcretePerimeter,PillarPostPier
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Exterior Description:CementSiding, LapSiding
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Exterior Features:Deck, Yard
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Window Features:VinylFrames
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Security Features:Entry, FireSprinklerSystem, SecuritySystemOwned
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Accessibility:true
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Accessibility Features:AccessibleApproachwithRamp, AccessibleEntrance, AccessibleFullBath, AccessibleHallway, CaregiverQuarters, GarageonMain, Parking, RollinShower, UtilityRoomOnMain, WalkinShower
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Building Area Description:prev list
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Building Area Total:2618.0
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Building Area Calculated:2418
Interior
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Interior Features:GarageDoorOpener, Granite, LaminateFlooring, Laundry, Sprinkler, TileFloor, WasherDryer
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Energy Efficiency Features:DoublePaneWindows
Room Dimensions
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Main Level Area Total:1808
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Upper Level Area Total:610
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Lower Level Area Total:200
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:SW Capitol Hwy, East on SW Huber St, South on SW 35th Ave
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Latitude:45.441792
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Longitude:-122.712393
The Property
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Parcel Number:R331483
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:UpdatedRemodeled
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Lot Features:Cul_de_sac, GentleSloping, GreenBelt, Private
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Lot Size Range:SqFt20000toAcres1
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Lot Size Acres:0.51
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Lot Size SqFt:22215.0
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View:true
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View Description:CreekStream, Territorial, TreesWoods
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Waterfront:true
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Waterfront Features:Creek
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Water Body Name:Arnold Creek
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Property Attached:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (503) 706-4709
- Office phone:
- (503) 353-6673
Taxes
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Tax Year:2024
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Tax Legal Description:SECTION 32 1S 1E, TL 3900 0.51 ACRES
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Tax Annual Amount:11520.27
Beds
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Bedrooms Total:7
Baths
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Total Baths:5
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Full Baths:4
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Partial Baths:1
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Total Baths:4.1
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Total Baths Main Level:2.1
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Total Baths Upper Level:2.0
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Full Baths Main Level:2
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Full Baths Upper Level:2
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Partial Baths Main Level:1
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Sewer:PublicSewer
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Hot Water Description:Gas
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Water Source:PublicWater
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Fuel Description:Gas
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Internet Service Type:Cable
Appliances
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Appliances:BuiltinRange, Dishwasher, Disposal, FreeStandingRefrigerator, GasAppliances, Microwave, StainlessSteelAppliance, Tile
Schools
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Elementary School:Stephenson
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Middle Or Junior School:Jackson
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High School:Ida B Wells
The Community
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Subdivision Name:STEPHENSON
Parking
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Attached Garage:true
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Garage Type:Attached
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Garage Spaces:2.0
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Parking Total:2.0
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Parking Features:Driveway
Monthly cost estimate
Asking price
$860,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,605
|
Taxes | $960 |
Insurance | $236 |
Utilities | $188 See report |
Total | $5,989/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/11/24
Nov 11, 2024
|
Relisted | RMLS | $860,000 | 47.0% (11.5% / YR) |
7/15/23
Jul 15, 2023
|
Pending | RMLS | ||
10/9/20
Oct 9, 2020
|
RMLS | $585,000 |
32% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $14k above asking price on average, but some went as high as $148k over asking price.