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5630 SE 88TH AVE

Portland, OR 97266
Square Ft.
1,560
Active
Multifamily
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$475,000
A well-maintained SE Portland duplex in the heart of Lents, professionally managed and lovingly cared for since 2012. Both units are fully occupied with solid rental history making this a true turnkey addition to any portfolio or a solid owner-occupied setup.The front unit (5630) shines with fresh interior paint, a… Read MoreRead Less
Listing courtesy of Neighbors Realty.
Listing Snapshot
Days Online
1
Last Updated
Square Ft.
1,560
Lot Size
0.1 Acres
Year Built
1968
MLS Number
160732392
30 Days Snapshot Of 97266
$435k
+7%
(avg) sold price
16
-42%
homes sold
57
+111%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Building
Building Area Total: 1560, Built in 1968, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2
Cooling
Cooling: None
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense Scheduled: 5440, Operating Expense: $17,001
Exterior Features
Exterior Description: LapSiding
Foundation
Foundation Details: PillarPostPier
Heating
Heating: WallHeater
Income
CAP Rate: 1.6, Gross Income: $24,785, Gross Rent Multiplier: 19.16, Gross Scheduled Income: $30,060, Net Operating Income: $7,613, Net Scheduled Income: 24619
Lot
Features: Level, Size Acres: 0.1, Size Range: SqFt3000to4999, Size Square Feet: 4,356, Size: 3,000 to 4,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, ProfitLossStatement
Parking
Features: Driveway, OffStreet, 2 total parking spots
Property
Number Of Units Total: 2, Property Condition: Approximately, Zoning: R1
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $5,020, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,395, Area: 780, Features: Deck, Dishwasher, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,110, Area: 780, Features: Dishwasher, Range, Refrigerator, Units Total: 1, 1 total bathroom, 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.
Lent Elementary School 503-916-6322 Public KG-5
Kellogg Middle School 503-916-5707 Public 6-8
Franklin High School 503-916-5140 Public 9-12
Lent Elementary School 503-916-6322 Public KG-5
Lent Elementary School 503-916-6322 Public KG-5
Kellogg Middle School 503-916-5707 Public 6-8
Franklin High School 503-916-5140 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.
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.