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3414 SE 62ND AVE

Portland, OR 97206
Square Ft.
1,960
Active
Multifamily
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$660,000
Act fast—priced to sell! This exceptional investment opportunity includes two spacious 2 bed/1 bath units and a brand-new 1 bed/1 bath unit, ideal for owner-occupants or investors seeking strong cash flow. Each unit showcases modern LVP flooring, stainless steel appliances, and sleek finishes, with private fenced patios that extend living… Read MoreRead Less
Listing courtesy of Sundance Realty LLC.
Listing Snapshot
Days Online
58
Last Updated
Square Ft.
1,960
Lot Size
0.11 Acres
Year Built
1968
MLS Number
690041674
30 Days Snapshot Of 97206
$497k
+10%
(avg) sold price
45
-29%
homes sold
21
-43%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace, None
Building
Building Area Total: 1960, Built in 1968, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2
Cooling
Cooling: MiniSplit, Other
Expenses
Operating Expense Scheduled: 15000, Operating Expense: $13,200
Exterior Features
Exterior Description: Brick, VinylSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: Baseboard, MiniSplit, WallHeater
Income
CAP Rate: 7.85, Gross Income: $65,000, Gross Rent Multiplier: 10.15, Gross Scheduled Income: $80,000, Net Operating Income: $51,800, Net Scheduled Income: 65000
Lot
Features: Level, Size Acres: 0.11, Size Range: SqFt3000to4999, Size Square Feet: 4,791, Size: 3,000 to 4,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, AnnualPropertyOperationData, RentRecords, TaxReturnsAvailable
Energy Saving
Energy Efficiency Features: ENERGYSTARQualifiedAppliances, MiniSplit
Parking
Features: Driveway, OnStreet
Property
Number Of Units Total: 3, Property Condition: UpdatedRemodeled, Zoning: RM1
Roof
Roof: Composition
Security Features
Features: SecuritySystemOwned
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $5,306, Legal Description
Unit One
Area: 780, Features: Dishwasher, Refrigerator, WasherDryer, WindowCoverings, Units Total: 2, 1 total bathroom, 2 total bedroom
Unit Two
Area: 400, Features: AirConditioning, Dishwasher, Disposal, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Internet Service Type: FiberOptics, 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.
Atkinson Elementary School 503-916-6333 Public KG-5
Harrison Park Middle School 503-916-5700 Public 6-8
Franklin High School 503-916-5140 Public 9-12
Atkinson Elementary School 503-916-6333 Public KG-5
Atkinson Elementary School 503-916-6333 Public KG-5
Harrison Park Middle School 503-916-5700 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.