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NE Portland Charmer — 4 Bed / 1.5 Bath — $465K / $750K ARV

3979 NE 42nd Ave, Portland, OR, 97213
Deal Overview

Asking Price

$465,000

$205/sqft

After Repair Value

$750,000

$331/sqft

Rehab Cost

$95,000

$42/sqft

Potential Profit

$190,000

Property Details

Bedrooms

4

Bathrooms

1.5

Sq Ft

2,263

Year Built

1941

Property Type

Single Family

Condition

Needs Work

Lot Size

6,500 Square Feet

Description

Discover an excellent fix-and-flip opportunity with this charming NE Portland property, located in the highly desirable Beaumont-Wilshire neighborhood. This project offers significant potential for investors looking to capitalize on a prime location. This 1941-built single-family home features 4 bedrooms and 1.5 bathrooms across 2,263 square feet of living space. The property includes a detached oversized 1-car garage and sits on a 6,500 square foot lot, providing ample space for outdoor enhancements. Ideal for a comprehensive renovation, this property is poised for a successful flip or can be held as a strong rental asset in a sought-after market. Leverage the property's size and location to maximize your investment returns. Buyer to independently verify ARV, square footage, lot size, and property details.

Seller-Provided Comps4

Sold comps

4202 NE Cesar E Chavez Blvd, Portland, OR 97211

3 bd · 2 ba · 2,324 sqft

Clean and updated 3 Bed / 2 Bath 2,324 SqFt SFR.

$913,000

3705 NE Shaver St, Portland, OR 97212

3 bd · 2 ba · 2,390 sqft

Clean and partially updated 3 Bed / 2 Bath 2,390 SqFt SFR.

$845,000

4225 NE 42nd Ave, Portland, OR 97218

3 bd · 2 ba · 2,262 sqft

Clean and partially updated 3 Bed / 2 Bath 2,262 SqFt SFR.

$835,000

3245 NE 48th Ave, Portland, OR 97213

3 bd · 2 ba · 1,926 sqft

Clean and updated 3 Bed / 2 Bath 1,926 SqFt SFR.

$762,500

Supporting Documents3

3 documents available

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Property Info
OccupancyTenant Occupied
AccessAppointment Only

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NE Portland Charmer — 4 Bed / 1.5 Bath — $465K / $750K ARV | Go Deal Pro