Tucked inside the St. John’s neighborhood, this is a rare set-it-and-forget-it duplex that pairs durable cash flow with true renter appeal. The property features two well-matched 2-bedroom / 1-bath units, each designed with vaulted ceilings and smart, efficient floor plans that live larger than the footprint. Both residences have the… Read More convenience of in-unit laundry, while also offering bright, comfortable interiors that support long-term occupancy. With reliable tenants already in place, this is a clean opportunity for an investor seeking immediate income and stability, or a future owner-occupant looking to offset a mortgage while holding a proven asset. Whether you’re building a portfolio or securing a high-demand North Portland rental, this duplex delivers the right combination of layout, livability, and consistency – an income property that’s easy to own and tough to replace. Read Less
Listing courtesy of The Agency Portland.
Listing Snapshot
Days Online
1
Last Updated
Square Ft.
1,575
Lot Size
0.12 Acres
Year Built
1957
MLS Number
622617488
30 Days Snapshot Of 97203
$425k
-8%
(avg) sold price
29
-27%
homes sold
44
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 1575, Built in 1957, Stories: 1, Unit Type Type: UnitTypeType1
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense: $8,135
Exterior Features
Exterior Description: CementSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: WallHeater, Zoned
Income
CAP Rate: 5.41, Gross Income: $36,000, Gross Rent Multiplier: 14.31, Net Operating Income: $27,865
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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.
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