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8128 SE 72ND AVE

Portland, OR 97206
Pending
Multifamily
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$499,900
This is what opportunity looks like. Ask for the Rentometer reports for rental comps (main house & separate apartment): ------apartment rental comps around $975 for long term (also permitted for short term!)_____the main house median rental of $2,895 - $3,060 = immediate CASH FLOW (even at 7% leveraged interest… Read MoreRead Less
Listing courtesy of Living Room Realty.
Listing Snapshot
Days Online
101
Last Updated
Lot Size
0.13 Acres
Year Built
1930
MLS Number
24590846
30 Days Snapshot Of 97206
$409k
-17%
(avg) sold price
41
-31%
homes sold
78
+100%
(avg) days on market
Snapshot
Area Map
Additional Details
Property
Zoning: RM1, Number Of Units Total: 2, Property Condition: UpdatedRemodeled
Roof
Roof: Composition
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Built in 1930, Unit Type Type: UnitTypeType1, UnitTypeType2
Expenses
Operating Expense: $8,554
Exterior Features
Exterior Description: CementSiding
Foundation
Foundation Details: ConcretePerimeter
Garage
Garage Spaces: 1
Heating
Heating Available, Heating: ForcedAir, Zoned
Income
CAP Rate: 8.27, Gross Income: $44,700, Gross Rent Multiplier: 11.18, Net Operating Income: $41,356
Lot
Size Acres: 0.13, Size Range: SqFt5000to6999, Size Square Feet: 5,662, Size: 5,000 to 6,999 SqFt
Energy Saving
Green Certification
Parking
Features: Driveway, Garage, 2 total parking spots
Security Features
Features: Entry, Sidewalk
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $5,210, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $2,750, Area: 2050, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 3 total bathrooms, 4 total bedroom
Unit Two
Actual Rent: $975, Area: 386, Features: Range, Refrigerator, Storage, WindowCoverings, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, Gas, 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.
Whitman Elementary School 503-916-6370 Public EE-5
Lane Middle School 503-916-6355 Public 6-8
Cleveland High School 503-916-5120 Public 9-12
Whitman Elementary School 503-916-6370 Public EE-5
Lane Middle School 503-916-6355 Public 6-8
Cleveland High School 503-916-5120 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.
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.