5405 SE LAFAYETTE ST

Portland, OR 97206
Square Ft.
3,300
$990,000
Opportunity awaits with this well-maintained fourplex in the heart of SE Portland. Each of the four units offers 2 bedrooms and 1 bathroom with a practical layout, making it an attractive option for both tenants and investors. Three units are currently rented, while one unit is vacant, giving you theRead MoreRead Less
Listing courtesy of John L. Scott.
Listing Snapshot
Days Online
25
Last Updated
Square Ft.
3,300
Lot Size
0.12 Acres
Year Built
1970
MLS Number
439731831
30 Days Snapshot Of 97206
$501k
+7%
(avg) sold price
47
-11%
homes sold
38
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 3300, Built in 1970, Storage: None, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Community
Community Features: AllLandscaping, FrontYardLandscaping
Expenses
Operating Expense: $14,859
Exterior Features
Exterior Description: Brick, TongueandGroove, WoodSiding
Foundation
Foundation Details: ConcretePerimeter, Slab
Heating
Heating: Baseboard, Radiant, WallFurnace
Income
CAP Rate: 3.1, Gross Income: $36,940, Gross Rent Multiplier: 26.8, Net Operating Income: $30,728
Lot
Features: Level, PublicRoad, Seasonal, Size Acres: 0.12, Size Dimensions: 2x50x100, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt
Parking
Features: Assigned, OffStreet
Property
Number Of Units Total: 4, Property Condition: Existing, Zoning: RM2
Roof
Roof: Shingle
Security Features
Features: None, SecurityLights
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $8,647, Legal Description
Unit One
Actual Rent: $1,225, Area: 800, Features: Dishwasher, HardwoodFloors, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,450, Area: 800, Features: Dishwasher, HardwoodFloors, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,350, Area: 800, Features: Dishwasher, HardwoodFloors, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Four
Area: 800, Features: Dishwasher, HardwoodFloors, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Tank, Water Source: PublicWater
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Erika George and Kari McGee
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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.