7928 N FESSENDEN ST $875,000


    7928 N FESSENDEN ST Portland, OR 97203

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    • 0 Beds
    • 0 Baths
    • Multi-Family
    • Listing# 19615859
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    Views: 132 Days On Market: 280

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    Property Details

    The Fessenden Court Apts were built in 1998 as low-income housing, w/ 5 units rented to tenants earning 30% of the Median Family Income (MFI), and 4 units rented to tenants earning 60% of MFI. The units are rent restricted, see Portland Housing Bureau's website for details. Sec 8 tenants may qualify for a higher rent rate. Units are 3 BD, 1 bath, with high efficiency heaters, quality flooring and kitchens, with on-site laundry facility.

    • General Features
      • Area Portland North
      • Bank Owned Y/N No
      • Capitalization Rate 5.54
      • Country US
      • Fuel Description Electricity
      • Gross Income Actual 88802
      • Gross Income Projected 93169
      • Gross Rent Multiplier 9.85
      • Heating Description Other
      • Net Income Actual 48460
      • Net Income Projected 55060
      • Number Of Units Total 9
      • Occupancy Types Leased,Month To Month
      • Operating Expenses Actual 40342
      • Operating Expenses Projected 38109
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Stories 3
      • Supplement Number 0
      • Tax Amount 10727.47
      • Terms Call Listing Agent
      • Third Party Approval Y/N No
      • Utilities Included Trash Collection,Sewer,Water
      • View Y/N No
      • Water Description Public
      • Year Built 1998
      • Zoning 1
    • Building Features
      • Common Amenities Laundry
      • SqFt Approximate Building Total 8532
      • 1 1
      • 1 3
      • 1 608
      • 1 948
      • 1 2
      • 2 1
      • 2 3
      • 2 1070
      • 2 948
      • 2 4
      • 3 1
      • 3 3
      • 3 740
      • 3 948
      • 3 3
      • UnitTypeType 1,2,3
    • Room Features
      • Legal Description POINT VIEW, BLOCK 16, LOT 1 EXC PT IN ST, LOT 2-4
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Description Corner Lot
      • Lot Size 7,000 to 9,999 SqFt
      • Property Category Multi-Family
    • Schools
      • Elementary School James John
      • High School Roosevelt
      • Middle School George


    Sam Fuqua, MCNE

    Sam Fuqua, MCNE


    Licensed in the State of Oregon

    Meadows Group Inc., Realtors East

    Cell: 503-467-9148


    97203 (Portland) Demographics

    32 Median Age
    3,778 Population Density (per sq. mile)
    45% College Educated
    $51,056 Estimated Median Income
    6,536 Estimated Total Home Owners
    5,312 Estimated Total Renters
    55% / 45% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    33,715 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $404,075 Median Sales Price
    56 Homes Sold
    75 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $875,000
        3/6/2020 3:51:38 PM Status Changed Source New Value: Pending
        11/1/2019 5:08:00 PM New in Database Source New Value: $875,000

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        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 Meadows Group Inc., Realtors are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon. This content last updated on 8/7/2020 7:22:44 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.