Walk to Woodstock. Collect rent. Repeat. That is the short version. Here is the longer one: This 2015-built duplex in Brentwood-Darlington sits less than a mile from one of Southeast Portland's most walkable commercial strips. SE Woodstock's independent restaurants, coffee shops, farmers market, and neighborhood retail are a 4-minute drive… Read More or an easy bike ride through flat, established Portland streets. This is not a location you settle for, it is one you brag about. Unit A is your move-in ready 3-bedroom, 2.5-bath, recently updated and waiting for you or a premium tenant. Unit B is a 1-bedroom, 1.5-bath already occupied and already paying. Whether you are house hacking your way into Southeast Portland or adding a cash-flowing asset to an existing portfolio, the math here works from day one without a renovation project standing between you and rental income. 2015 construction matters more than most buyers realize in this zip code. The majority of what trades in 97206 is pre-1960 inventory that comes with a long list of deferred mechanical and structural conversations. This building skips all of that. No knob-and-tube surprises. No cast iron pipe roulette. Just a clean, well-built duplex in a location that does most of the heavy lifting for you. Live in one. Rent the other. Let Woodstock be your backyard. Read Less
Listing courtesy of Knipe Realty ERA Powered.
Listing Snapshot
Days Online
2
Last Updated
Square Ft.
2,324
Year Built
2015
MLS Number
401542040
30 Days Snapshot Of 97206
$478k
-2%
(avg) sold price
51
-21%
homes sold
29
-3%
(avg) days on market
Snapshot
Area Map
Additional Details
Unit One
Units Total: 1, Area: 1400, Features: AirConditioning, Dishwasher, Microwave, Refrigerator, 3 total bathrooms, 3 total bedroom
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 2324, Built in 2015, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2
Cooling
Cooling: CentralAir
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense: $8,500
Exterior Features
Exterior Description: LapSiding
Foundation
Foundation Details: StemWall
Heating
Heating: ForcedAir
Income
CAP Rate: 1.7, Gross Income: $18,000, Gross Rent Multiplier: 34.72, Net Operating Income: $10,614
Lot
Features: Level, Size Range: SqFt0Kto2999, Size: 0K to 2,999 SqFt
Property
Number Of Units Total: 2, Property Condition: UpdatedRemodeled, Zoning: R-2.5
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $7,386, Legal Description
Unit Two
Actual Rent: $1,500, Area: 924, Features: AirConditioning, Dishwasher, Microwave, Refrigerator, Units Total: 1, 2 total bathrooms, 1 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
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