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5105 5109 SE TIBBETTS ST

Portland, OR 97206
Square Ft.
3,420
Active
Multifamily
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$749,000
Assumable FHA loan at 3.25% interest, buyer must apply to qualify. Live in one unit and rent the other 2 to pay your mortgage. Great opportunity in a fantastic location, bringing in just over $5,000 per month and $61,000 gross revenue annually. Cap. rate at 6.2% with low operating… Read MoreRead Less
Listing courtesy of Urban Nest Realty.
Listing Snapshot
Days Online
50
Last Updated
Square Ft.
3,420
Lot Size
0.13 Acres
Year Built
1956
MLS Number
652700971
30 Days Snapshot Of 97206
$502k
+2%
(avg) sold price
63
+8%
homes sold
57
+42%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Concrete, Paved
Basement
Basement: FullBasement, PartiallyFinished
Building
Building Area Total: 3420, Built in 1956, Storage: Basement, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Community
Community Features: CentralAir, Laundry
Cooling
Cooling: CentralAir
Expenses
Operating Expense: $14,700
Exterior Features
Exterior Description: WoodSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: ForcedAir
Income
CAP Rate: 6.19, Gross Income: $61,068, Gross Rent Multiplier: 12.27, Net Operating Income: $46,368
Lot
Features: CornerLot, Level, Size Acres: 0.13, Size Range: SqFt5000to6999, Size Square Feet: 5,662, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner
Parking
Features: Carport, OffStreet, 3 total parking spots
Property
Number Of Units Total: 3, Property Condition: UpdatedRemodeled, Zoning: R2.5
Roof
Roof: Composition
Security Features
Features: Sidewalk
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $6,950, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,659, Area: 855, Features: AirConditioning, Fireplace, HardwoodFloors, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Two
Actual Rent: $2,080, Area: 875, Features: Deck, Fireplace, HardwoodFloors, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,350, Area: 1150, Features: AirConditioning, Disposal, Range, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Gas, Hot Water Description: Electricity, 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.
Creston Elementary School 503-916-6340 Public EE-5
Hosford Middle School 503-916-5640 Public 6-8
Franklin High School 503-916-5140 Public 9-12
Creston Elementary School 503-916-6340 Public EE-5
Hosford Middle School 503-916-5640 Public 6-8
Franklin High School 503-916-5140 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.