5707 SE DIVISION ST SE

Portland, OR 97206
Square Ft.
6,280
$2,150,000
An Exceptional Multifamily Investment In Desirable Mt. Tabor Neighborhood, Where Timeless Location Meets Enduring Value! Perfectly positioned along the vibrant SE Division Street corridor, this exceptional asset offers investors the ideal balance of stable income, enduring demand, and long-term appreciation in one of the city's most desirable urban communities.Read MoreRead Less
Listing courtesy of Performance Properties Inc.
Listing Snapshot
Days Online
1
Last Updated
Square Ft.
6,280
Lot Size
0.28 Acres
Year Built
1957
MLS Number
761305996
30 Days Snapshot Of 97206
$507k
+4%
(avg) sold price
52
-25%
homes sold
26
-18%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: FullBasement, StorageSpace, Unfinished
Building
Building Area Total: 6280, Built in 1957, Storage: Basement, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
Community
Community Features: FrontYardLandscaping, Laundry
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense Scheduled: 45000, Operating Expense: $42,507
Exterior Features
Exterior Description: WoodSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: Baseboard
Income
CAP Rate: 3.34, Gross Income: $114,327, Gross Rent Multiplier: 18.81, Gross Scheduled Income: $124,020, Net Operating Income: $71,820, Net Scheduled Income: 79020
Lot
Features: Commons, CornerLot, Level, Size Acres: 0.28, Size Range: SqFt10000to14999, Size Square Feet: 12,196, Size: 10,000 to 14,999 SqFt
Miscellaneous
Investor Information: RentRecords
Parking
Features: Assigned, Driveway, 6 total parking spots
Property
Number Of Units Total: 6, Property Condition: Approximately, Zoning: RM 1
Roof
Roof: Composition, Shingle
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $15,164, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $2,035, Area: 1200, Features: Fireplace, HardwoodFloors, Range, Refrigerator, Units Total: 1, 1 total bathroom, 3 total bedroom
Unit Two
Actual Rent: $1,300, Area: 850, Features: HardwoodFloors, Range, Refrigerator, WindowCoverings, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,530, Area: 850, Features: HardwoodFloors, Range, Refrigerator, WindowCoverings, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Four
Actual Rent: $1,685, Area: 850, Features: HardwoodFloors, Range, Refrigerator, WindowCoverings, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Five
Actual Rent: $1,385, Area: 850, Features: HardwoodFloors, Range, Refrigerator, WindowCoverings, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Six
Actual Rent: $1,745, Area: 850, Features: HardwoodFloors, Range, Refrigerator, WindowCoverings, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Gas, Hot Water Description: Gas, Water Source: PublicWater
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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.
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.