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5845 NE PRESCOTT ST

Portland, OR 97218
Square Ft.
2,700
Pending
Multifamily
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$999,000
Remodeled NE Portland duplex with strong income potential and future upside. This turnkey property features two updated units and offers an excellent opportunity for investors or owner-occupants alike. Well-positioned on a lot with potential for additional development, this property combines immediate usability with long-term value. Buyer to perform due diligence… Read MoreRead Less
Listing courtesy of Epique Realty.
Listing Snapshot
Days Online
146
Last Updated
Square Ft.
2,700
Lot Size
0.22 Acres
Year Built
1938
MLS Number
459095719
30 Days Snapshot Of 97218
$485k
+9%
(avg) sold price
14
-12%
homes sold
21
-66%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: Unfinished
Building
Building Area Total: 2700, Built in 1938, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2
Cooling
Cooling: AirConditioningReady, WindowUnit
Expenses
Operating Expense: $10,000
Exterior Features
Exterior Description: WoodComposite, WoodSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: Gravity, Other
Income
CAP Rate: 3.2, Gross Income: $42,000, Gross Rent Multiplier: 23.79, Net Operating Income: $32,000
Lot
Features: Level, OnBusline, PublicRoad, Trees, Size Acres: 0.22, Size Range: SqFt7000to9999, Size Square Feet: 9,583, Size: 7,000 to 9,999 SqFt
Miscellaneous
Investor Information: Incomplete
Parking
Features: Driveway, OffStreet, 4 total parking spots
Property
Number Of Units Total: 2, Property Condition: UpdatedRemodeled, Zoning: R7H
Roof
Roof: Composition, Shingle
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $6,092, Legal Description
Unit One
Actual Rent: $2,000, Area: 2300, Features: AirConditioning, Dishwasher, HardwoodFloors, Microwave, Units Total: 1, 2 total bathrooms, 2 total bedroom
Unit Two
Actual Rent: $1,500, Area: 400, Features: AirConditioning, Dishwasher, HardwoodFloors, Microwave, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, Gas, Hot Water Description: Electricity, Gas, 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.
Rigler School 503-916-6451 Public KG-5
Beaumont Middle School 503-916-5610 Public 6-8
Leodis V. McDaniel High School 503-916-5220 Public 9-12
Rigler School 503-916-6451 Public KG-5
Rigler School 503-916-6451 Public KG-5
Beaumont Middle School 503-916-5610 Public 6-8
Leodis V. McDaniel High School 503-916-5220 Public 9-12

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Living Room Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © RMLS, Portland, Oregon.

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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.