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2309 SE 90TH AVE

Portland, OR 97216
Active
Multifamily
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$1,068,900
CASH FLOWING INVESTMENT. A House plus Tri-pLex. Say no more. Turnkey 4-Unit Investment Opportunity – Cash Flow from Day One! This fully occupied, income-producing property features a triplex + a standalone SFH all on one tax lot — a rare find in today’s market. Run the numbers:Estimated monthly mortgage: $6,838… Read MoreRead Less
Listing courtesy of eXp Realty, LLC.
Listing Snapshot
Days Online
345
Last Updated
Lot Size
0.34 Acres
Year Built
1996
MLS Number
24376013
30 Days Snapshot Of 97216
$413k
+4%
(avg) sold price
10
0%
homes sold
32
+23%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: Unfinished
Building
Built in 1996, Storage: Garage, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Cooling
Cooling: None
Expenses
Operating Expense Scheduled: 37632, Operating Expense: $37,632
Exterior Features
Exterior Description: WoodSiding
Foundation
Foundation Details: ConcretePerimeter
Garage
Garage Spaces: 4
Heating
Heating: ForcedAir
Income
CAP Rate: 5.97, Gross Income: $101,400, Gross Rent Multiplier: 10.54, Gross Scheduled Income: $102,400, Net Operating Income: $63,768, Net Scheduled Income: 64768
Lot
Features: Level, Size Acres: 0.34, Size Range: SqFt10000to14999, Size Square Feet: 14,810, Size: 10,000 to 14,999 SqFt
Miscellaneous
Investor Information: ProfitLossStatement, RentRecords
Parking
Features: Garage, Paved, 4 total parking spots
Property
Number Of Units Total: 4, Property Condition: Existing, Zoning: R-1
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $15,630, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,995, Area: 1291, Features: Dishwasher, Range, Refrigerator, Units Total: 2, 3 total bathrooms, 3 total bedroom
Unit Two
Actual Rent: $1,995, Area: 1429, Features: HardwoodFloors, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $2,095, Area: 1291, Units Total: 1, 3 total bathrooms, 3 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.