$1,280,000
12 bed 7 bath 7,366 sqft

607 NW 18TH, Portland, OR 97209

Neighborhood: Northwest District
Multi Family Pending Sale On ZeroDown for 3 months
MLS Status: Pending
Great upside potential for the creative buyer! Six-plex has below market rents, no utility billback program, and an 11 GRM in a market that often asks for 15+ GRM. Located in desirable NW Nob Hill. 100% occupied. Many units have updated kitchens and baths. Unit mix includes: 1 bed/1 bath, 2 bed/1 bath and one 3 bed/1bath. Electric and water heaters individually metered. Electric heat. Can be sold with sister property. 1815 NW Hoyt Street for $2M.
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Listing courtesy of RE/MAX Equity Group

All About The Home

Property Details for 607 NW 18TH

Property Facts
Status
Pending
Style
Multi Family, , Multi Family
MLS #
22597530
Community
Portland, OR
Year Built
1888
lot_size
3,000 to 4,999 SqFt
Property Type
Multi Family, None
Floor Size
7,366 sq ft.
Interior Features

Unit #5 Information

# of Beds:
3
Features:
Dishwasher, Range, Refrigerator
# of Rent:
2,000
SqFt:
1,214
# of Units:
1
# of Baths:
1

Unit #6 Information

# of Beds:
1
Features:
Dishwasher, Range, Refrigerator
# of Rent:
1,318
SqFt:
715
# of Units:
1
# of Baths:
1

Unit #1 Information

# of Beds:
2
Features:
Dishwasher, Range, Refrigerator
# of Rent:
1,650
SqFt:
1,251
# of Units:
1
# of Baths:
1

Unit #2 Information

# of Beds:
2
Features:
Dishwasher, Range, Refrigerator
# of Rent:
1,650
SqFt:
940
# of Units:
1
# of Baths:
1

Unit #3 Information

# of Beds:
2
Features:
Dishwasher, Range, Refrigerator
# of Rent:
1,650
SqFt:
937
# of Units:
1
# of Baths:
2

Heating & Cooling

Fuel:
Electricity
Heating:
Baseboard
Hot Water:
Electricity

Unit #4 Information

# of Beds:
2
Features:
Dishwasher, Range, Refrigerator
# of Rent:
1,550
SqFt:
687
# of Units:
1
# of Baths:
1
See 20+ more property details
Listed by: Robin Cook
Brokerage: RE/MAX Equity Group
MLS#: 22597530
Source: RMLS
Details provided by RMLS and may not match the public record.

Search for Homes in Portland, OR 97209

Financials

Market Comparison for 607 NW 18TH

There aren't too many bidding wars right now in 97209, with homes selling 4% below asking price over the last three months.

Is 607 NW 18TH a good investment?

How is this property expected to appreciate? Will this property outpace the market? Learn more about the appreciation levels for this area.

What should I look out for?

Are there any known issues with the home? What kind of things whould I look for based on the age of the home?

How Are the Schools in Northwest District?

97209 public schools nearby are pretty good, ranking around the Greater Portland region average.

Can I raise a family in Northwest District?

77% of homes in 97209 are renter-occupied with an average household size of 1.4 members.

There are plenty of options for childcare for young familes in 97209, including joyful noise downtown and The Children's Garden. Proximity to urgent care centers such as Oregon State Hospital, Doctors Express Urgent Care, and Care Essentials by Kaiser Permanente is also a plus.

Is Northwest District safe?

97209 is relatively safe compared to the Greater Portland region.

What's nearby 607 NW 18TH?

Instacart grocery delivery is available in 97209 from 22 stores including Costco, Safeway, QFC, CVS Pharmacy®, and Natural Grocers.

Dessert shops like Salt & Straw, Wailua Shave Ice, and Lovejoy Bakers are great options in 97209 for satisfying your sweet tooth.

You can get takeout tacos from Angel's Taqueria or Teri-Taco or burgers from Farm Spirit or Nob Hill Bar & Grill in 97209. If you'd rather sit down, check out Salt & Straw, Angel's Taqueria, or Nob Hill Bar & Grill.

What are my public transportation options in Northwest District?

More than 42% of commuters drive to work alone in 97209.

Public transit in 97209 is provided by TriMet and Portland Streetcar, with 19 TriMet bus stops and 2 Portland Streetcar tram stops

97209 has a walk score of 98, a bike score of 99, and a transit score of 82. This neighborhood is highly walkable, with daily errands easily accomplished on foot.

Where Can I Charge My Electric Vehicle near 607 NW 18TH?

There are 8 electric vehicle charging locations in 97209 with a total of 33 level 2 chargers.

Recently Sold Homes in Northwest District

18 homes were sold in 97209 this month, which is 55% lower than last month and 61% lower than last year.

Milkyway

How is the night sky in Portland?

Expect bright, city-like night skies and very high light pollution that makes it bright enough to read at night, and an orangish glowing sky background but dimmer constellations that lack key stars.

COVID-19 Vaccination Rates for Multnomah

The vaccination rate in Multnomah is 54.9, ranking 4th in the state.

Natural Hazards risk in Portland

Based on historical data, this property is at risk of experiencing earthquakes with peak ground acceleration of up to 0.15g, which would produce strong shaking and light structural damage.

How are the noise levels in Northwest District?

Ambient noise level around this home is 50 - 60 dBA , classified as moderate - safe for any time period. Sounds like a quiet office.

Is the air quality good in Northwest District?

The air quality in 97209 was moderate last year, with 8 days when the Air Quality Index exceeded 100.

Will I Like My Neighbors in Northwest District?

This home is in a precinct that voted for Joe Biden in 2020, who took 91% of the 5860 votes cast.

77% of homes in 97209 are renter-occupied with an average household size of 1.4 members.

97.6% of adults in 97209 have completed high school, which is 7.8% higher than the national average.

Who provides the best cell coverage in Northwest District?

The best mobile coverage in 97209 is provided by AT&T with 334 cellular sites.

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