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Sold on 04/25/2017
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710 N Broadway St, Estacada, OR 97023

$2,550,000

Last sold 04/25/2017 after 8 Days

  • —

    bed

  • —

    bath

  • 21,474

    Sqft ($119/Sqft)

Multi-family not for sale
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About 710 N Broadway St

Property type Multi-family
Neighborhood
Year built 1996
HOA fee $0/month
Rental estimate
Property description
The Cascade Village Apartments is located in Estacada, just 30 miles SE of Portland. The property features large units with spacious floor plans, washer/dryers in each unit and 6 detached garages, which provide an additional source of income. Capital improvements include new roofs, parking lot, water heaters, security system, and interior upgrades. The property provides a stabilized investment opportunity, with proven upside in rents.
Listed by
Listing Agent - Phillip Barry
Listing Office - Joseph Bernard LLC
Source: RMLS mls logo
MLS#17514882 • last updated 2 years ago
Movoto checked RMLS for data 4 minutes ago
Overview
Cooling/AC None
Heating Wall Furnace
MLS # 17514882
Type Multi Family
Status Sold
Property Tax 27462
Year Built 1996
Exterior
# Parking Spaces 47
Exterior Features Lap Siding, Vinyl Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Clackamas
Area 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
Elementary School Clackamas River
Middle School Estacada
High School Estacada
Elementary School2 River Mill
Zoning R3
Directions N Broadway/8th Ave
APN 934635
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 3
Unit Type 2: Total Baths 2
Unit Type 1: Rent 884
Unit Type 2: Rent 1079
Total # of Units 24
Gross Rent Multiplier 10.53
Operating Expense Scheduled 105072
Net Operating Income 163163
Operating Expense 102659
Gross Scheduled Income 300296
Gross Income 265822
Cap Rate 5.83
Net Scheduled Income 195224
We are not permitted to show value estimates for this property.
  • Jun 2017
    mls logo MLS # 17514882
  • Jun 30, 2017 Sold
    $2,550,000 (-8.9%)
  • Apr 25, 2017 Pending
    —
  • Apr 17, 2017 Listed
    $2,800,000 (+86.9%)
  • Aug 2005
    Public Records
  • Aug 29, 2005 Sold
    $1,498,000
  • Year Property taxes Tax assessment
  • 2024
    $33,647 +2.3%
    $2,145,221 +3.0%
  • 2023
    $32,895 +2.8%
    $2,082,739 +3.0%
  • 2022
    $31,994 +2.7%
    $2,022,077 +3.0%
  • 2021
    $31,160 +3.8%
    $1,963,182 +3.0%
  • 2020
    $30,005 +1.5%
    $1,906,002 +3.0%
  • 2019
    $29,575 +2.3%
    $1,850,488 +3.0%
  • 2018
    $28,898 +7.7%
    $1,796,590 +3.0%
  • 2017
    $26,841 -2.1%
    $1,744,262 +3.0%
  • 2016
    $27,425 +3.5%
    $1,693,458
  • 2015
    $26,499
    —
  • 710 N Broadway St
    $2.55M
  • 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
    —
  • 97023
    $550K -2% y/y
  • Estacada
    $550K -2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Clackamas River Elementary School
public Grades K-5
Estacada School District 108
3/10
Estacada Junior High School
public Grades 6-8
Estacada School District 108
4/10
Estacada High School
public Grades 9-12
Estacada School District 108
Source: GreatSchools.org © 2026. All rights reserved.

Around 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

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