5136 SE 17TH AVE

Portland, OR 97202
$2,000,000
Amazing location for this 10 unit investment property! The building features 6 two bedroom units along with 4 one bedroom units. Units have been updated and include new cabinets, quartz countertops, tile and vinyl/laminate flooring, and paint on both the interior and exterior. Steady income producing property in an areaRead MoreRead Less
Listing courtesy of 24/7 Properties.
Listing Snapshot
Days Online
73
Last Updated
Lot Size
0.23 Acres
Year Built
1975
MLS Number
243607815
30 Days Snapshot Of 97202
$709k
0%
(avg) sold price
38
-33%
homes sold
27
+42%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Built in 1975, Storage: None, Unit Type Type: UnitTypeType1, UnitTypeType10, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7, UnitTypeType8, UnitTypeType9
Community
Community Features: Laundry
Cooling
Cooling: None
Expenses
Operating Expense Scheduled: 67557, Operating Expense: $55,120
Exterior Features
Exterior Description: CementSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: Baseboard, WallHeater
Income
CAP Rate: 4.52, Gross Income: $145,583, Gross Rent Multiplier: 13.74, Gross Scheduled Income: $193,020, Net Operating Income: $90,462, Net Scheduled Income: 125463
Lot
Features: Level, Size Acres: 0.23, Size Range: SqFt10000to14999, Size Square Feet: 10,018, Size: 10,000 to 14,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, ProfitLossStatement, RentRecords
Parking
Features: Driveway, Paved
Property
Number Of Units Total: 10, Property Condition: UpdatedRemodeled, Zoning: CE
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $17,624, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,600, Area: 650, Features: Dishwasher, Range, Refrigerator, Units Total: 1, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $1,450, Area: 650, Features: Dishwasher, Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $1,450, Area: 650, Features: Dishwasher, Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Four
Area: 650, Features: Dishwasher, Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Five
Actual Rent: $2,000, Area: 650, Features: Dishwasher, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Six
Actual Rent: $1,950, Area: 650, Features: Dishwasher, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Seven
Actual Rent: $2,000, Area: 650, Features: Dishwasher, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Eight
Actual Rent: $1,950, Area: 650, Features: Dishwasher, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Nine
Actual Rent: $1,685, Area: 650, Features: Dishwasher, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Ten
Actual Rent: $2,000, Area: 650, Features: Dishwasher, Range, Refrigerator, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Mortgage Calculator
Monthly Payment
$0
Erika George and Kari McGee
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings

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 © RMLS, Portland, Oregon.

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

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.