See all 21 photos
21 photos
Additional details
Listed by Premiere Property Group, LLC
$489,000
Est. payment /mo
2,250 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,250 sqft
Price per Sqft $217
MLS Listing ID 147963252
HOA Y/N No
Year Built 1948
Annual Tax Amount $6,319
Lot Size 6,534 Sqft
Property Description
NE Portland duplex on a corner lot offering solid upside potential. Each unit features 2 bedrooms, 1 bath, and a full unfinished basement, providing additional storage or future flexibility.One unit is currently vacant and has been recently updated with fresh interior paint, new flooring, bathroom improvements, and new gas furnace—making it ready for immediate occupancy or lease-up. The second unit is occupied by a long-term tenant of 15 years at $1,100/month, below current market rent. Estimated market rent is approximately $1,750/month per unit (acording to attached Rent-o-meter report attached) presenting a clear opportunity for future income growth.Both units include updated double-pane vinyl windows and private fenced backyards. A detached two-car garage adds additional value and utility.Property is being sold as-is. Ideal opportunity for investors to add value or owner-occupants looking to offset their mortgage while building equity.
Location
State OR
County Multnomah
Area _142
Zoning R2A
Rooms
Basement Partially Finished
Interior
Heating Forced Air, Wall Heater
Cooling None
Exterior
Garage Spaces 2.0
Roof Type Composition
Garage No
Building
Lot Description Corner Lot
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Vestal
Middle Schools Harrison Park
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Nearby School & Business
Get More Information
Quick Search