MARC ROGERS, INC.

Irvington Duplex

 

2342 - 2346 NE 14th Ave, Portland, OR 97212

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$677,500

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Featured on the cover of Oregon Home in 2001, this unique duplex in the heart of the Irvington features a wonderful master bedroom loft addition in the top floor unit. The lower unit includes a full basement, private yard & deck. Ideally suited for an owner occupant in either unit.

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• Hardwood Floors

• Fireplaces in both units

• Washer/Dryer in both units

• Detached Garage

• Annual Income - 40,223 (16.80 GRM)

• Net Income - $30,813 (4.55 Cap Rate)

• Walk Score - 80; Bike Score - 95

Hawthorne Four-Plex  w/ Developable Lot

 

4047 SE Main St, Portland, OR 97214

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$810,000

 

Grand old Four-Plex with development potential. The 4-plex & detached garage sit on the east side of an oversized 8,572 SF lot. Owner applied for a Lot Line Adjustment & received a Property Line Adjustment Checksheet from the City. Call for details.

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• Hardwood Floors, Built-Ins, Decks

• $61,200 Projected Annual Market Rents

• 13.2 Gross Rent Multiplier

• 6.07% Cap Rate on Pro Forma Financials

• Popular Sunnyside / Hawthorne Neighborhood

• Walk Score - 94; Bike Score - 93

Colonial Heights Six-Plex

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2121 & 2127 SE Caruthers, Portland, OR 97214

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$1,075,000

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The property consists of two side-by-side triplexes on separate tax lots, offered for sale together as a 6-Unit. These wonderful vintage buildings are full of all the charm and character that Portlanders love! The units have period detailing throughout, including hardwood floors, built-ins, coved doorways, French doors and tile kitchen counters. All units have 1 bedroom, 1 bathroom & individual basements.

 

• Six 1BD/1BA Unit

• Individual Basements

• Built in 1928

• 6,192 Square Feet

• Annual Rents - $72,475 (19.3 GRM)

• Projected Market Rents - $90,000 (15.5 GRM)

Sullivan’s Gulch Duplex

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2015 NE Wasco St, Portland, OR 97232

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$680,000

 

Classic Vintage Duplex in the heart of popular Sullivan's Gulch! Property was meticulously renovated in 2014, inside & out. Main floor unit includes finished lower level with 2nd bedroom. Great neighborhood.  Nice yard.  Great for owner occupant or investment.

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• New Roof

• New Water/sewer lines

• New Exterior Paint

• New Furnaces

• New Kitchens & Baths

• Washer/Dryers in Both Units

Fabulous Mid-Century Duplex

 

1120-1122 SE 31st Ave, Portland, OR 97214

 

Sale Price: $750,000

 

Beautifully maintained owner-occupied duplex in the heart of the Hawthorne/Belmont neighborhood. Trendy Mid-Century Feel with High-end finishes.

 

• One 3BD/1BA Unit & One 2BD/1BA Unit

• Kitchens have SS Appliances, Quartz Counters & Marmoleum Floors,

• Bamboo Floor, Gas Fireplaces, Corian Tub/Shower Surround

• Tuck Under Garages & Partial Basements with Laundry

• Vinyl Windows, High Efficiency FAG Furnace, Central A/C.

• Private patios with immaculate grounds.

• New Roof in 2013.

• Pride of Ownership. One of Kind!

Brooklyn / Sellwod Four-Plex

 

5505 SE 17th Ave, Portland, OR 97202

 

Sale Price: $810,000

 

Nicely maintained property with upside in rents.  Great close-in SE neighborhood. RHd zone will allow for multiple unit development.

 

• All 2 bedroom units with Hardwood Floors

•  Built 1962

• Building Sq. Ft. 3,136

•  Annual Gross Scheduled Rents - $49,260

• Projected Market Rents - $66,960

• Gross Rent Multiplier – 17.97 Current; 13.22 Pro Forma

Buckman Four-Plex

 

1923 SE Ash St., Portland, OR 97214
Level

 

Sale Price: $1,000,000

 

Vintage Modernized Comfort in the Heart of Buckman!  One of a Kind Urban Oasis!  Each of the 4 units are tastefully furnished & equipped to operate as an Extended Stay/Executive Rental. These walk-in ready homes are ideal for travelers, professionals, transplants, grandparents – anyone seeking comfortable temporary housing.  The property is currently marketed through Airbnb, VRBO & FlipKey and is being offered for sale including all furnishings & housewares.  Many recent capital improvements – Too many to list.  Call or email for full marketing package & financials.

 

• New Flat Roof w/Walking Membrane, Butters, Hand Rail System, Structural Insulation & Fireproofing in 2014

• New Windows in 2015

• Four New High-Efficiency FAG Furnaces in 2012

• All New Electrical Services to each Unit & Main Building in 2011

• Instant Hot Water Heater

• Private Fenced Back Yard with Outdoor Kitchen, Hot Tub & Gas Fire Pit

• Walk Score – 91

• Bike Score – 100

• Scheduled Gross Income - $134,400 (8.3 GRM & 7.9 Cap Rate)

   

   

   

   

   

   

   

   

   

 

 

14 Units Close-In Southeast

 

4321 & 4342 SE 27th Ave, Portland, OR 97202

 

Sales Price: $1,300,000

 

Two buildings (8-unit & 6-unit) across the street from each other, offered for sale together. Nicely updated buildings with vinyl windows close to downtown, Hawthorne & Division.

 

• Six 2BD/1BA units, Seven 1BD units & One Studio

• Built 1960

• Bldg SqFt: 10,800

• Common Laundry

• Individual Storage

• Annual Rents: $128,839 (10.1 GRM)

   

   

   

   

   

   

   

   

   

Kenton Four-Plex 

 

Sale Price: $567.500

 

2315 N Lombard St, Portland, OR 97217

Newer, well-maintained 4-plex in Hot Kenton area. Six blocks to the downtown Kenton's "Denver Strip." The property has had a single owner & professional property management since it was built in 1995.

 

• Open floor plans with W/D & Decks.

• Main Floor units are handicap accessible.

• Off-Street parking in back.

• Big upside in rents.

• Great rental area.

• Walk Score of 83.

• Two 1BD units & two 2BD units.

• Annual Rents - $45,720 (12.6 GRM).

   

   

   

   

   

   

   

   

   

 

Multi-Family Land – Southeast Portland

 

12040 SE Liebe St, Portland, OR 97266

 

Sale Price: $249.000

Level 16,855 SqFt lot with rental house & unfinished Duplex.

 

• R2 Zoning should allow for 8 units

• House built in 1954 & rents for $995/month

• Duplex built in 2001 but never finished

• Current structures on west side of lot

• Large open space on east side of lot

• Property is nice residential neighborhood just down the street from Raymond Park

• MLS# 13447236

   

   

   

   

   

   

   

   

   

 

 

 

 

 

 

 

Pacific Crest Apartments 16 Units

5235 SE Lambert St, Portland, OR 97206

Sale Price: $1,035,000

 

16-Unit apartment complex about 1 mile south of hot Woodstock strip. Nice mix of 1 & 2 bdrm units. Units have been updated on turnover with new carpet, flooring, paint & appliances. Professionally managed. Upside in rents. Additional income from laundry & utility bill-back.

 

• Built 1966

• Building Sq.Ft. – 11,220

• (8) 1BD/1BA Units & (8) 2BD/2BA Units

• Annual Market Rents – 124,224 (8.8 GRM & 5.55% Cap)

• New exterior paint in 2007, roof was re-tarred in 2001. Some newer windows

   

   

   

   

   

   

   

   

   

Historic Buckman Duplex

 

2533-2535 SE Salmon St., Portland, OR 97214

 

Sale Price: $878,400

 

Beautifully maintained historic duplex in original / restored condition on double lot 

 

• Two large units + Carriage House above Garage

• Plans Approved by city to upgrade Carriage House to Art Studio w/Bathroom

• HW Flrs, High Ceilings, Built-Ins, Original Woodwork, Leaded Glass & so much more!

• New Period-Matched Gourmet Kitchens with SS Appliances & Gas Stove

• Pride of Ownership / Ideal for Owner Occupant

• Featured in the Rejuvenation Catalog

• 4,937 Sq. Ft.

• Annual Rents - $47,700 (18.4 GRM)

 

 

 

 

 

 

 

 

 

Classic Vintage Irvington 23 Units​

 

2238 NE 13th Ave, Portland, OR 97212

 

​Sale Price: $4,200,000

 

This wonderful vintage building in the heart of Irvington is full of all the charm & character that Portlanders love. Well maintained & updated while keeping the building’s original character including a gorgeous wood entry way with original tile flooring. The building has period detailing throughout, including original woodwork, leaded glass windows, built-ins, claw foot tubs, wide hallways & gleaming hardwood floors. The property is ideally located on a quiet residential street in the popular Irvington neighborhood, just four blocks from NE Broadway. It is less than 2 miles into downtown Portland and the Pearl District across the Broadway bridge, and less than eight miles to Portland International Airport. With a walk score of 88 and a bike score of 99, the property is ideal for the urban renter.

 

• 11 oversized Studios & 12 One Bedrooms

• Built 1918

• Build Sq. Ft. 19,846

• Annual Gross Scheduled Rents - $260,999

• Projected Market Rents - $316,620

• Gross Rent Multiplier – 16.3 Current; 13.4 Pro Forma

• Cap Rate – 3.9% Current; 5.05% Pro Forma

   

   

   

   

   

   

   

   

   

 

 

 

 

 

 

 

 

Grand Buckman Duplex

713 – 717 SE 17th Ave, Portland, OR 97214

Sale Price: $825,000

 

Pride of ownership shows in this Grand Old Portland Style Property. Original features including HW Floors, leaded glass windows, pocket doors, & original woodwork. Many upgrades including structural reinforcement, extra wall & floor insulation.

 

• Built 1909

• Building Square Feet: 4,146

• 3BD/2BA - Lower Unit includes basement, has two full kitchens & currently rents as two separate units

• Annual Gross Scheduled Income: $51,360 (16.0 GRM)

• Great yard

• Two Car Garage

• Ideal for owner occupant.

   

   

   

   

   

   

   

   

   

 

Hawthorne Four-Plex

 

3423 SE Hawthorne Blvd, Portland, OR 97214

 

Sale Price: $900,000

 

Four-Plex zoned commercial (CS) in the heart of the Hawthorne district. Oversized lot could allow for future commercial development?? Owner spent approx. $70K in capital improvements over the past 5 years - New front porch, porch foundation, front concrete steps & retaining wall, interior & exterior paint, new appliances, Tile Entry, upgraded laundry room.

 

• CS Zoning on Oversized Lot (6,835 Sq. Ft.)

• Built 1909

• Build Sq. Ft. – 3,914

• Big Upside in Rents

• Current Rents - $42,720/yr (21.7 GRM)

• Projected Market Rents - $61,200/yr (15.1 GRM)

• MLS# 14522452

   

   

   

   

   

   

   

   

   

 

Historic Lair Hill Office Condo

 

3101 SW 1st Ave, Unit B, Porltand, OR 97201

 

$350,000

 

Ground level entrance on SW Woods St.  1,635 square feet of flexible office space configured with open reception area, 4 private offices, 2 large conference rooms or open work areas, private bathroom, copy/break room and storage room.  The interior was taken completely to the studs and renovated in 2014.  Ideal for owner user.

 

• Trendy Lair Hill Location

• Walking distance to S. Waterfront, OHSU Tram & Downtown

• New Electrical, Plumbing, Water & Sewer Lines

• Gas Fireplace

 

Lair Hill Triplex

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3304 – 3308 SW Corbett Ave, Portland, OR 97239

 

Sale Price: $785,500

 

Unique, one of kind triplex in Historic Lair Hill one block to footbridge leading to OHSU Tram, MAX & South Waterfront. Minutes to downtown. Full of light, natural decor & great views of the city & South Waterfront.

 

• All 2BD Units

• Incredible top flr 2BD/2BA suite w/3rd bonus room, 2 fireplaces, 2 decks  - Currently rents thru VRBO.

• Built 1892

• Building Sq Ft: 3,496

• Annual Gross Income $68,700 (12.46 GRM)

• VRBO Listing:  http://www.vrbo.com/490935

• Virtual Tour:   http://www.tourfactory.com/1329669

• MLS#: 15204524