LOCATION, LOCATION, LOCATION! Next to OHSU on a quiet, dead end street with private parking. This is the perfect investment property with a projected cap rate of 6.2! Two buildings on one tax lot with 5 rentable apartments, all currently vacant so you can select your tenants and set rents at market prices. Charming main house can be converted to single-family, if so desired. Zoned RM2.
Sold
$800,000
1104 SW Gaines St, Portland, OR 97239
9beds
4,196sqft
Multi Family
Built in 1937
-- sqft lot
$-- Zestimate®
$191/sqft
$1,322 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,322/mo
Zestimate® history
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Owner options
List your home for rent
$1,322/mo
Rent Zestimate®
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Learn more$1,322/mo
Rent Zestimate®
Refinance and save
$4,881/mo
Est. payment
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See today's rates$4,881/mo
Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: June 17, 2023 at 03:19am
Listed by:
Sanam Dowlatdad 503-702-5591,
Where Real Estate Collaborative
Bought with:
Allison Grice, 200801056
KJK Properties PC
Source: RMLS (OR),MLS#: 22474692
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air, Fireplace(s)
Appliances
- Included: Refrigerator, Electric Water Heater, Tank Water Heater
- Laundry: Common Area
Features
- Flooring: Hardwood
- Basement: Exterior Entry,Separate Living Quarters Apartment Aux Living Unit,Storage Space
Interior area
- Total structure area: 4,196
- Total interior livable area: 4,196 sqft
Property
Parking
- Total spaces: 3
- Parking features: Assigned
Features
- Patio & porch: Deck
Lot
- Features: Secluded, SqFt 3000 to 4999
Details
- Parcel number: R247142
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Existing
- Year built: 1937
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Laundry
Location
- Region: Portland
- Subdivision: Ohsu / Homestead
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2023 | Sold | $800,000-19.6%$191/sqft |
Source:  RMLS (OR) #22474692 Report a problem | ||
| 4/21/2023 | Pending sale | $995,000$237/sqft |
Source: RMLS (OR) #22474692 Report a problem | ||
| 11/21/2022 | Listed for sale | $995,000+47.5%$237/sqft |
Source: RMLS (OR) #22474692 Report a problem | ||
| 1/21/2014 | Sold | $674,7920%$161/sqft |
Source: RMLS (OR) #13121983 Report a problem | ||
| 12/30/2013 | Pending sale | $675,000$161/sqft |
Source: Windermere Cronin & Caplan Realty Group, Inc. #13121983 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,362 +3.7% | $347,770 +3% |
| 2024 | $9,026 +4% | $337,650 +3% |
| 2023 | $8,679 +2.2% | $327,820 +3% |
Find assessor info on the county website
Neighborhood: Homestead
Nearby schools
GreatSchools rating
- 9/10Ainsworth Elementary SchoolGrades: K-5Distance: 1 mi
- 5/10West Sylvan Middle SchoolGrades: 6-8Distance: 3.4 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Ainsworth
- Middle: West Sylvan
- High: Lincoln
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Oregon
- Multnomah County
- Portland
- 97239
- Homestead
- 1104 SW Gaines St