Keller Williams Realty Portland Elite - Bev Blume
1/31
Listing Courtesy Of: MORE Realty, 503-706-4709, Edward Peters
Listing Sold By: Keller Williams PDX Central
Local Realty Services Provided By: KW Portland Premiere
Overview
What It'll Cost
Neighborhood
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$850,000
11604 SW 35TH AVE, Portland, OR 97219
7 Beds
5 Baths
2,618 sq ft
.51 ac
$850,000

11604 SW 35TH AVE, Portland, OR 97219

Estimation provided by Keller Williams Realty Inc.
7 Beds
5 Baths
2,618 sq ft
.51 ac
Sold
Sold

Property Description

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]

Property Details

Compare This Home
Overview
Property Type
Single Family Residence
Property Size
2,618 sq ft
Year Built
1989
Days on Site
140 Days
HVAC
Forced Air, Central Air
Parking
2 Parking Spaces
The Blume Realty Group
Keller Williams Realty Portland Elite
200712177

Activity History

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SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
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Purchase Price: $850,000
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Price & Tax History

Date
Event
Price
11/11/2024
Listed
$860,000
(+47.01%)
10/08/2020
Sold
$585,000
(+17%)
08/02/2007
Sold
$500,000
(+20.48%)
06/16/2005
Sold
$415,000
(+88.64%)
03/19/2002
Sold
$220,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$11,077
(+3.97%)
$418,430
No Breakdown Available
2021
$10,654
(+13.51%)
$394,420
No Breakdown Available
2019
$9,386
(+2.72%)
$371,790
No Breakdown Available
2018
$9,137
(+4.34%)
$360,970
No Breakdown Available
2017
$8,757
$350,460
No Breakdown Available
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
The Blume Realty Group
Keller Williams Realty Portland Elite
200712177

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