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728 Quiet Valley Lane
Los Angeles
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3116 SE 7TH AVE

Portland, OR 97202

Active

Multifamily

Virtual Tour

$600,000

Discover an exceptional investment opportunity in the heart of Brooklyn with this duplex, perfectly situated in a highly sought-after location boasting excellent walk and bike scores. This property features two 2 bedroom/1 bathroom units, one vacant and one currently occupied by month-to-month tenants, ensuring immediate rental income. The upstairs unit… Read MoreRead Less

Listing courtesy of Redfin.

Listing Snapshot

Days Online

Last Updated

Oct 15, 2024

Square Ft.

2,905

Lot Size

0.11 Acres

Year Built

1896

MLS Number

24008878

30 Days Snapshot Of 97202

-6%

(avg) sold price

-10%

homes sold

+37%

(avg) days on market

Snapshot

Area Map

Additional Details

Basement

Basement: FullBasement, PartiallyFinished, StorageSpace

Building

Building Area Total: 2905, Built in 1896, Storage: Basement, IndividualStorageUnits, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2

Cooling

Cooling Equipped, Cooling: HeatPump

Expenses

Operating Expense: $15,500

Exterior Features

Exterior Description: ShingleSiding

Foundation

Foundation Details: ConcretePerimeter

Heating

Heating Available, Heating: ForcedAir, HeatPump

Income

CAP Rate: 5.22, Gross Income: $46,800, Gross Rent Multiplier: 12.82, Net Operating Income: $31,300

Lot

Features: Level, Size Acres: 0.11, Size Range: SqFt3000to4999, Size Square Feet: 4,791, Size: 3,000 to 4,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner, Leases, RentRecords

Parking

Features: OnStreet

Property

Number Of Units Total: 2, Property Condition: Existing, Zoning: R2.5

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $6,424, Legal Description, Tax Year: 2023

Unit One

Actual Rent: $2,200, Area: 1168, Features: AirConditioning, Deck, Storage, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Two

Actual Rent: $1,700, Area: 699, Features: Refrigerator, Storage, WasherDryer, WoodFloors, Units Total: 1, 1 total bathroom, 2 total bedroom

Utilities

Fuel Description: Gas, Hot Water Description: Electricity, Gas, Water Source: PublicWater

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Living Room Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Oct 15, 2024. 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 Oct 15, 2024. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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3116 SE 7TH AVE

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