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9630 SE FOSTER RD

Portland, OR 97266
Square Ft.
2,424
Active
Multifamily
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$700,000
This updated triplex at 9630 SE Foster Rd, Portland presents an excellent investment opportunity. With a new roof and new siding, the property is in top condition, requiring minimal upkeep. Additionally, a 10% rent increase is set to take effect in August, enhancing the potential growth future cash flow. Located… Read MoreRead Less
Listing courtesy of RE/MAX Equity Group.
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
2,424
Lot Size
0.11 Acres
Year Built
1979
MLS Number
24409664
30 Days Snapshot Of 97266
$401k
-3%
(avg) sold price
24
+50%
homes sold
67
+63%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Size Acres: 0.11, Features: Level, Size Range: SqFt3000to4999, Size Square Feet: 4,791, Size: 3,000 to 4,999 SqFt
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 2424, Built in 1979, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Cooling
Cooling: None
Expenses
Operating Expense: $12,113
Exterior Features
Exterior Description: CementSiding
Heating
Heating Available, Heating: Baseboard
Income
CAP Rate: 4.46, Gross Income: $43,368, Gross Rent Multiplier: 16.14, Net Operating Income: $31,255
Miscellaneous
Investor Information: AccordingToOwner
Parking
Features: Assigned, Paved, 3 total parking spots
Property
Number Of Units Total: 3, Property Condition: Approximately, Zoning: CM3
Roof
Roof: Composition
Security Features
Features: Unknown
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $6,221, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,100, Area: 808, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,189, Area: 808, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,325, Area: 808, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, 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.
Kelly Elementary School 503-916-6350 Public EE-5
Lane Middle School 503-916-6355 Public 6-8
Franklin High School 503-916-5140 Public 9-12
Kelly Elementary School 503-916-6350 Public EE-5
Lane Middle School 503-916-6355 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.