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8044 SE MALDEN ST

Portland, OR 97206
Square Ft.
2,324
Active
Multifamily
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$510,000
Turnkey Portland Multi-Unit — 6.79% Cap Rate, Fully OccupiedRare opportunity with three separate income-producing units, all currently rented on month-to-month terms. Estimated 6.79% cap rate at the current list price; financials available upon request, buyer to independently verify income, expenses, and investment performance. Unit A (2 bed / 2 bath):… Read MoreRead Less
Listing courtesy of KOR Realty.
Listing Snapshot
Days Online
96
Last Updated
Square Ft.
2,324
Lot Size
0.15 Acres
Year Built
2019
MLS Number
505205300
30 Days Snapshot Of 97206
$466k
-5%
(avg) sold price
47
-22%
homes sold
46
-2%
(avg) days on market
Snapshot
Area Map
Additional Details
Unit Three
Units Total: 1, Actual Rent: $765, Area: 320, 1 total bathroom
Property Access
Road Surface Type: Gravel, Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 2324, Built in 2019, Storage: Attached, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Community
Community Features: Commons
Cooling
Cooling: CentralAir, HeatPump
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense: $15,694
Exterior Features
Exterior Description: LapSiding
Heating
Heating: Ductless, ForcedAir, WallHeater
Income
CAP Rate: 6.79, Gross Income: $50,333, Gross Rent Multiplier: 10.13, Net Operating Income: $34,638
Lot
Features: Level, Size Acres: 0.15, Size Range: SqFt5000to6999, Size Square Feet: 6,534, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, AnnualPropertyOperationData
Parking
Features: Driveway, 4 total parking spots
Property
Number Of Units Total: 3, Property Condition: Existing, Zoning: RM1
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $5,951, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,875, Area: 1268, Features: AirConditioning, Range, Storage, WasherDryerHookup, Units Total: 1, 2 total bathrooms, 2 total bedroom
Unit Two
Actual Rent: $1,050, Area: 736, Features: AirConditioning, Storage, WasherDryerHookup, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, Gas, Hot Water Description: 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.
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.