Open house Saturday, Jan 31st from 1-3pm. Discover the perfect blend of charm, flexibility, and investment potential with this well-maintained duplex in Portland, OR! Featuring two separate units—a spacious 2 bed/1 bath and a comfortable 1 bed/1 bath—this property offers an ideal setup for multi-generational living, owner-occupants, or savvy investors.… Read More Both units showcase beautiful hardwood floors throughout and inviting kitchens equipped with stainless steel appliances and ample counter space, making everyday living and entertaining a breeze. Step outside and enjoy a great backyard with plenty of room to relax, garden, or gather with friends. Whether you’re looking to rent out both units for strong income potential or live in one while offsetting your mortgage by renting the other, this duplex is a smart opportunity with lots of upside. Don’t miss your chance to own a versatile property in one of Portland’s most desirable markets—this one has room to grow and endless possibilities! Read Less
Listing courtesy of Opt.
Listing Snapshot
Days Online
17
Last Updated
Square Ft.
1,236
Year Built
1953
MLS Number
686158039
30 Days Snapshot Of 97220
$405k
-1%
(avg) sold price
23
+15%
homes sold
46
-35%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 1236, Built in 1953, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2
Cooling
Cooling: CentralAir
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense: $1,800
Exterior Features
Exterior Description: WoodSiding
Heating
Heating: ForcedAir
Income
CAP Rate: 8.13, Gross Income: $38,400, Gross Rent Multiplier: 11.72, Net Operating Income: $36,600
Lot
Features: Level, Size Range: SqFt5000to6999, Size: 5,000 to 6,999 SqFt
Parking
Features: Driveway, OnStreet
Property
Number Of Units Total: 2, Zoning: R7
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $4,052, Legal Description
Unit One
Actual Rent: $1,800, Area: 850, Features: Dishwasher, Microwave, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,400, Area: 480, Features: Microwave, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Propane, Hot Water Description: Electricity, Water Source: PublicWater
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