2431 SE 141ST AVE

Portland, 97233

  • 9 Bed

  • 8 Bath

  • 4516 SqFt

  • 173 DOM

  • Built: 1998

  • Status: Active

$949,000

X

2431 SE 141ST AVE

Portland 97233

$949000

  • 9 Bed

  • 8 Bath

  • 4516 SqFt

  • 173 DOM

  • Built: 1998

  • Status: Active

Love this home?

Venkatesan Muthu

Broker

(971) 330-1856

Projected CAP Rate for 2024 is 5.63% Excellent opportunity for investor or owner occupied investor. This well built 1998 4Plex has been meticulously maintained for years. Unit #1 is located (eastside) above the 3 garages with additional assigned parking for each unit. Units #2 and #3 are two levels. Unit #4 is one level built to 1998 ADA standards. There is huge upside potential for increased rent rates to maximize net operating profit and create a possible cap rate of over 7%. No sign on property. Please do not disturb tenants.

Residence Information

  • 4516

  • 9

  • 8

  • Composition

  • 3,

  • Assigned,Garage

  • 1998

  • No

  • VinylSiding

  • CrawlSpace

  • CrawlSpace

  • ConcretePerimeter

Features and Utilities

  • WallUnit

  • Gas

  • ForcedAir, WallHeater

  • PublicSewer

  • Gas

  • Electricity, Gas

Financial

  • 10205.08

  • Sewer,TrashCollection,Water

  • Cash,Conventional

  • 05-16-2024

  • No

  • No

Comparable Information

  • 173

  • 437

  • Cash,Conventional

  • $950,000

  • $949,000

  • Nov 05, 2024 14:34

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Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.

— Jagathishp

Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.

— Vignesh Chan

Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.

— Praveen

Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.

— Alishetty

Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.

— Ramren Garajan

Thinking about buying or selling. Let’s Talk.

Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!

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