Off-market · SE Portland

SE 16th AveLadd's Addition

Portland, OR 97214 · cash and hard money buyers

I bring cash and hard money buyers 10 to 15 off-market deals a month around Portland. Barely starting out or 50 flips deep, no worries either way. Tell me what you're after and you only hear from me when something fits. This one is in our inventory right now.

First come, first serve Single family Marketable title
Type
Single family
Detached
Living
2,144
Square feet
Lot
3,360
Square feet
Built
1923
Original bungalow
The property

What you're buying

A 1923 bungalow, 2,144 square feet on a 3,360 square foot lot. This is a real project, not a paint and carpet job, so bring your contractor and price the scope yourself.

It never hits the MLS. If it's anywhere close to your buy box, reach out and I'll send you everything on it.

Access

Private inventory

Full details go out to buyers I've already sat down with. 15 to 20 minutes to get your buy box down, then you're on the list for everything that comes through.

Why this block

Ladd's Addition sells itself

Buyers ask for it

The diamond street grid, the rose gardens, and the elm canopy make this one of the most recognized pockets in inner SE. Retail buyers come looking for the address.

Walk to everything

Minutes to Division, Hawthorne, and downtown. That walkability is what holds resale value here when the rest of the market cools off.

Rarely off-market

Very little trades here at all, and almost none of it trades quietly. This one never hits the MLS.

Track record

What our buyers did with them

11Projects
$1.42MGross profit
30%Average ROI
98.6%NPO accuracy
69 daysMedian on market
SoldN Morgan St after renovation

N Morgan St

N Portland
Bought$330,000
Rehab$136,719
Our NPO$610,000
Actual sale$670,000
Gross profit$203K
Sold at 109.8% of our NPO · 43.6% return on capital · 7 days on market
SoldTimbergrove Ct after renovation

Timbergrove Ct

SW metro
Bought$520,000
Rehab$75,045
Our NPO$800,000
Actual sale$790,000
Gross profit$195K
Sold at 98.8% of our NPO · 32.8% return on capital · 6 days on market
SoldSE Buttercup Ct after renovation

SE Buttercup Ct

SE metro
Bought$445,000
Rehab$90,251
Our NPO$685,000
Actual sale$696,000
Gross profit$161K
Sold at 101.6% of our NPO · 30.0% return on capital · 114 days on market
SoldDeerBrush Ave after renovation

DeerBrush Ave

Portland metro
Bought$520,000
Rehab$82,765
Our NPO$850,000
Actual sale$755,000
Gross profit$152K
Sold at 88.8% of our NPO · 25.3% return on capital · 2 days on market
SoldSE Meadowlark Dr after renovation

SE Meadowlark Dr

SE metro
Bought$395,000
Rehab$70,018
Our NPO$590,000
Actual sale$595,000
Gross profit$130K
Sold at 100.8% of our NPO · 28.0% return on capital · 90 days on market
SoldN Attu St after renovation

N Attu St

N Portland
Bought$340,000
Rehab$85,762
Our NPO$560,000
Actual sale$549,900
Gross profit$124K
Sold at 98.2% of our NPO · 29.2% return on capital · 8 days on market
SoldNE 70th Ave after renovation

NE 70th Ave

NE Portland
Bought$362,000
Rehab$69,059
Our NPO$560,000
Actual sale$535,000
Gross profit$104K
Sold at 95.5% of our NPO · 24.1% return on capital · 131 days on market
SoldExmoor Ct SE after renovation

Exmoor Ct SE

Salem area
Bought$290,000
Rehab$36,626
Our NPO$425,000
Actual sale$429,900
Gross profit$103K
Sold at 101.2% of our NPO · 31.6% return on capital · 13 days on market
SoldE 24th St after renovation

E 24th St

Vancouver, WA
Bought$252,000
Rehab$51,455
Our NPO$390,000
Actual sale$399,000
Gross profit$96K
Sold at 102.3% of our NPO · 31.5% return on capital · 21 days on market
SoldSW Faith Ct after renovation

SW Faith Ct

SW metro
Bought$364,000
Rehab$60,340
Our NPO$520,000
Actual sale$505,000
Gross profit$81K
Sold at 97.1% of our NPO · 19.0% return on capital · 210 days on market
SoldSW Hackamore Ct after renovation

SW Hackamore Ct

SW metro
Bought$471,000
Rehab$53,025
Our NPO$655,000
Actual sale$595,000
Gross profit$71K
Sold at 90.8% of our NPO · 13.5% return on capital · 154 days on market
1 to 4 of 11

Three out of eleven recently completed projects. Numbers are actual purchase, renovation, and resale figures from those deals. Every project is different, so run your own on this one.

How it works

No bidding wars.

Whoever signs the contract and gets the deposit in first takes it. Nobody gets talked up, nobody gets outbid at the last second. Proof of funds or a hard money approval before we go out.

Lock in a time
Beyond this one

What you get buying with me

10 to 15 deals a month

Off-market opportunities sent straight to your phone or inbox, anywhere within about 2 hours of Portland.

No commissions

Nothing added on our end. The price is the price.

Marketable title

Clean, marketable title on every deal we bring you. No surprises at close.

Home Depot discount

Buy through us and use our discount on materials for the rehab.

Re-list for 1%, if you want it

When the flip is done, our retail agents can list it for a 1% incentive. Completely optional. Use your own agent if you'd rather, no hard feelings.

Financing covered

Sister lending company that can cover the purchase and the rehab if you need it.

Let's connect

Set up a meeting

Drop your info and I'll reach out with everything on this one, plus whatever else fits what you're after. 15 to 20 minutes, no pressure.

How many flips have you done?
Call or text me
Josiah Frias
Josiah Frias
Dispositions Associate · NetWorth Realty Portland · Se habla español
Oregon Licensed Real Estate Broker · Lic. #20126375