1554 N JESSUP ST $665,000


    1554 N JESSUP ST Portland, OR 97217

    SOLD 1/12/2021


    • 0 Beds
    • 0 Baths
    • Multi-Family
    • Listing# 20124632
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    Views: 83

    Property Details

    Lots of options for investment or partial owner-occupied. Lower Unit is mo-to-mo starting Jan. Upper Unit (main house) is Leased thru Sept 2021. Home was Lovingly rebuilt (even new studs & foundation) by current owners. Finished in 2015, no detail was missed. Full of reclaimed material & beautiful craftsmanship. All new systems/mechanicals. Each unit has separate entrance, driveway, W/D & outdoor space. Detached garage used as storage. Interior Viewing After Accepted Offer. New Photos Added!

    • General Features
      • Area Portland North
      • Bank Owned Y/N No
      • Capitalization Rate 5.04
      • Country US
      • Fuel Description Gas
      • Gross Income Actual 43740
      • Gross Income Projected 43740
      • Gross Rent Multiplier 15.43
      • Heating Description Radiant
      • Hot Water Description Gas
      • Net Income Actual 34014
      • Net Income Projected 34014
      • Number Of Units Total 2
      • Occupancy Types Leased
      • Operating Expenses Actual 9726
      • Operating Expenses Projected 10000
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Stories 3
      • Subdivision OVERLOOK / ARBOR LODGE
      • Supplement Number 0
      • Tax Amount 6660.11
      • Terms Cash,Conventional
      • Third Party Approval Y/N No
      • Utilities Included Trash Collection,Sewer,Water
      • View Y/N No
      • Water Description Public
      • Year Built 2015
      • Zoning R2
    • Building Features
      • Basement Daylight,Finished,Full Basement
      • Basement1 Slab
      • Exterior Description Wood Siding
      • SqFt Approximate Building Total 2170
      • Storage Garage(s)
      • Unit Type1 Baths Total 2
      • Unit Type1 Beds Total 2
      • Unit Type1 Features Dishwasher,Hardwood Floors,Storage,Washer/Dryer
      • Unit Type1 Rent 2150
      • Unit Type1 SqFt 1290
      • Unit Type1 Units Total 1
      • Unit Type2 Beds Total 1
      • Unit Type2 Features Storage,Washer/Dryer
      • Unit Type2 Rent 1495
      • Unit Type2 SqFt 880
      • Unit Type2 Units Total 1
      • UnitFeatures Dishwasher,Hardwood Floors,Storage,Washer/Dryer
      • UnitTypeType 1,2
    • Room Features
      • Legal Description HAVELOCK, BLOCK 2, LOT 6
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Description Light Rail
      • Lot Size 5,000 to 6,999 SqFt
      • Property Category Multi Family
      • Roof Type Metal
    • Schools
      • Elementary School Beach
      • High School Jefferson
      • Middle School Ockley Green


    97217 (Portland) Demographics

    37 Median Age
    2,505 Population Density (per sq. mile)
    54% College Educated
    $61,830 Estimated Median Income
    8,480 Estimated Total Home Owners
    5,314 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    32,371 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $500,000 Median Sales Price
    71 Homes Sold
    94 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        1/12/2021 12:00:00 AM Sold Source: Multiple Listing Service New Value: $665,000
        The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Oregon First Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2021 RMLS™, Portland, Oregon. This content last updated on 9/23/2021 1:22:37 PM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.