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5816 SE FOSTER RD

Portland, OR 97206
Square Ft.
3,002
Active
Multifamily
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$599,000
Great investment opportunity on this fully leased building in a CE zoned area. The second level boasts a spacious apartment perfect for a potential live-work situation. This great location has a lot of redevelopment potential as well given the flexible and high density CE zoning. Potential to build up to… Read MoreRead Less
Listing courtesy of Ianos Realty.
Listing Snapshot
Days Online
403
Last Updated
Square Ft.
3,002
Lot Size
0.12 Acres
Year Built
1904
MLS Number
24229941
30 Days Snapshot Of 97206
$500k
+2%
(avg) sold price
46
+4%
homes sold
34
+21%
(avg) days on market
Snapshot
Area Map
Additional Details
Income
CAP Rate: 6.01, Gross Income: $48,000, Gross Rent Multiplier: 12.48, Net Operating Income: $36,000
Property Access
Road Surface Type: Paved
Building
Building Area Total: 3002, Built in 1904, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2
Cooling
Cooling: CentralAir
Expenses
Operating Expense: $12,000
Exterior Features
Exterior Description: CementSiding
Foundation
Foundation Details: Slab
Heating
Heating: ForcedAir90
Lot
Size Acres: 0.12, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner
Parking
Features: OffStreet, 4 total parking spots
Property
Number Of Units Total: 2, Property Condition: Approximately, Zoning: CE
Roof
Roof: Flat
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $3,828, Legal Description, Tax Year: 2023
Unit One
Actual Rent: $1,500, Area: 800, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $2,500, Area: 2202, Units Total: 1, 1 total bathroom
Utilities
Fuel Description: Electricity, Gas, Hot Water Description: Electricity, Water Source: PublicWater
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Monthly Payment
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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.
Creston Elementary School 503-916-6340 Public EE-5
Hosford Middle School 503-916-5640 Public 6-8
Franklin High School 503-916-5140 Public 9-12
Creston Elementary School 503-916-6340 Public EE-5
Hosford Middle School 503-916-5640 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.