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Portland, OR 97220
Square Ft.
1,974
Active
Multifamily
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$600,000
*** AMAZING OPPORTUNITY *** ~8% CAP RATE *** BEST PRICED 4 PLEX IN TOWN *** Great cash flow property in very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1… Read MoreRead Less
Listing courtesy of RE/MAX Equity Group.
Listing Snapshot
Days Online
34
Last Updated
Square Ft.
1,974
Lot Size
0.11 Acres
Year Built
1933
MLS Number
796374130
30 Days Snapshot Of 97220
$373k
+8%
(avg) sold price
29
+163%
homes sold
34
-29%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Building
Building Area Total: 1974, Built in 1933, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Expenses
Operating Expense: $12,223
Exterior Features
Exterior Description: T111Siding, WoodSiding
Foundation
Foundation Details: PillarPostPier
Heating
Heating: Baseboard
Income
CAP Rate: 7.93, Gross Income: $59,774, Gross Rent Multiplier: 10.04, Net Operating Income: $47,551
Lot
Features: Cul_de_sac, Level, Size Acres: 0.11, Size Dimensions: 50 x 100, Size Range: SqFt5000to6999, Size Square Feet: 4,791, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: AnnualPropertyOperationData
Parking
Features: Driveway, OffStreet, 4 total parking spots
Property
Number Of Units Total: 4, Property Condition: Existing, Zoning: CM2
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $2,170, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,375, Area: 637, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,320, Area: 577, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,150, Area: 317, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Four
Actual Rent: $1,100, Area: 332, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, 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.
Prescott Elementary School 503-408-2150 Public PK-5
Parkrose Middle School 503-408-2700 Public 6-8
Parkrose High School 503-408-2600 Public 9-12
Prescott Elementary School 503-408-2150 Public PK-5
Prescott Elementary School 503-408-2150 Public PK-5
Parkrose Middle School 503-408-2700 Public 6-8
Parkrose High School 503-408-2600 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.
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.