715 Cascade AVE $3,200,000

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    715 Cascade AVE Hood River, OR 97031

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    $3,200,000

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    • 0 Beds
    • 0 Baths
    • Multi-Family
    • Listing# 19350240
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    Views: 224 Days On Market: 140

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    Property Details

    Downtown Hood River property - includes 12 unit apartment complex and two commercial lots. This property is ideally located inside the opportunity zone for maximum potential. Many opportunities to update units, develop vacant lots or develop all three lots as a single residential/commercial project. Located within walking distance to breweries, restaurants, and the waterfront.

    • General Features
      • Area Hood River Co: Hood River City
      • Bank Owned Y/N No
      • Capitalization Rate 3.36
      • Cooling Description Window Unit(s)
      • Country US
      • Fuel Description Electricity
      • Gross Income Actual 164640
      • Gross Rent Multiplier 19.44
      • Heating Description Baseboard
      • Hot Water Description Electricity
      • Net Income Actual 107394
      • Number Of Units Total 12
      • Occupancy Types Leased
      • Operating Expenses Actual 57246
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Supplement Number 1
      • Tax Amount 7660.37
      • Terms Cash,Conventional
      • Third Party Approval Y/N No
      • Utilities Included Trash Collection,Sewer,Water
      • View Type River,Mountain(s)
      • View Y/N Yes
      • Water Description Public
      • Year Built 1963
      • Zoning C1
    • Building Features
      • Common Amenities Laundry
      • Exterior Description Wood Siding
      • SqFt Approximate Building Total 9720
      • Unit Type1 Baths Total 1
      • Unit Type1 Beds Total 2
      • Unit Type1 Features Dishwasher,Window Coverings,Wood Floors
      • Unit Type1 Rent 1400
      • Unit Type1 SqFt 900
      • Unit Type1 Units Total 9
      • Unit Type2 Baths Total 1
      • Unit Type2 Beds Total 1
      • Unit Type2 Features Dishwasher,Window Coverings,Wood Floors
      • Unit Type2 Rent 1200
      • Unit Type2 SqFt 900
      • Unit Type2 Units Total 3
      • UnitFeatures Dishwasher,Window Coverings,Wood Floors
      • UnitTypeType 1,2
    • Room Features
      • Legal Description 3N10E25CD06500
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Description Level
      • Lot Size 1 to 2.99 Acres
      • Property Category Multi-Family
      • Roof Type Composition
    • Schools
      • Elementary School May Street
      • High School Hood River Vall
      • Middle School Hood River

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    Neighborhood

    97031 (Hood River) Demographics

    38 Median Age
    166 Population Density (per sq. mile)
    36% College Educated
    $57,594 Estimated Median Income
    4,432 Estimated Total Home Owners
    2,536 Estimated Total Renters
    64% / 36% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    19,322 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $459,500 Median Sales Price
    12 Homes Sold
    15 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $3,200,000
        9/30/2019 3:37:00 PM New in Database Source

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