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2236 SE 89TH AVE

Portland, OR 97216
Square Ft.
2,688
Pending
Multifamily
Property Photo
Property Photo
Property Photo
$675,000
This is a fully rented 1997-built, townhouse-style Triplex on a low traffic flag lot.2 Bedrooms, 1 1/2 baths per unit each. Attached garages. Each unit has their own fenced backyard with private patio. New roof and well-maintained. Original-owner property is a solid income producer with in-place rents with additional upside.… Read MoreRead Less
Listing courtesy of Happy Homes Properties, Inc..
Listing Snapshot
Days Online
47
Last Updated
Square Ft.
2,688
Lot Size
0.22 Acres
Year Built
1997
MLS Number
141002756
30 Days Snapshot Of 97216
$422k
-2%
(avg) sold price
10
-47%
homes sold
56
+80%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 2688, Built in 1997, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Expenses
Operating Expense Scheduled: 20622, Operating Expense: $20,203
Exterior Features
Exterior Description: LapSiding, VinylSiding
Garage
Garage Spaces: 3
Heating
Heating: WallHeater
Income
CAP Rate: 5.66, Gross Income: $58,380, Gross Rent Multiplier: 11.56, Gross Scheduled Income: $64,440, Net Operating Income: $38,177, Net Scheduled Income: 43818
Lot
Features: FlagLot, Level, Size Acres: 0.22, Size Dimensions: 9,589 Sq Ft, Size Range: SqFt7000to9999, Size Square Feet: 9,583, Size: 7,000 to 9,999 SqFt
Miscellaneous
Investor Information: ProfitLossStatement
Property
Number Of Units Total: 3, Property Condition: Approximately, Zoning: RM1
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $9,221, Legal Description
Unit One
Actual Rent: $1,480, Area: 896, Features: Dishwasher, Disposal, Range, Refrigerator, Units Total: 1, 2 total bathrooms, 2 total bedroom
Unit Two
Actual Rent: $1,595, Area: 896, Features: Dishwasher, Disposal, Range, Refrigerator, Units Total: 1, 2 total bathrooms, 2 total bedroom
Unit Three
Actual Rent: $1,790, Area: 896, Features: Dishwasher, Disposal, Range, Refrigerator, Units Total: 1, 2 total bathrooms, 2 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
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Erika George and Kari McGee
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Schools In The Area

Check out nearby schools with ratings and contact info.
Creative Science K-8 School @Clark 503-916-6431 Public KG-8
Harrison Park Middle School 503-916-5700 Public 6-8
Leodis V. McDaniel High School 503-916-5220 Public 9-12
Creative Science K-8 School @Clark 503-916-6431 Public KG-8
Creative Science K-8 School @Clark 503-916-6431 Public KG-8
Harrison Park Middle School 503-916-5700 Public 6-8
Creative Science K-8 School @Clark 503-916-6431 Public KG-8
Leodis V. McDaniel High School 503-916-5220 Public 9-12

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.