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Listed by Cascade Hasson Sotheby's International Realty
$ 875,000
Est. payment | /mo
3,328 SqFt
$ 875,000
Est. payment | /mo
3,328 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,328 sqft
Price per Sqft $262
Subdivision Cully
MLS Listing ID 24037645
Year Built 1984
Annual Tax Amount $9,597
Tax Year 2023
Lot Size 9,147 Sqft
Property Description
Don't miss out on this incredible opportunity for a prime investment property: well-maintained 4-Plex that promises consistent cash flow. Each unit boasts spacious townhouse style 2-bedroom layouts with w/d hookups, attached storage, shared yard, and assigned parking -- ideal for attracting quality tenants and maximizing rental income. Currently owner-managed, this property features newer exterior siding and modern stainless-steel appliances in most units, ensuring renter satisfaction and minimizing maintenance costs. With solid renters already in place and commanding market-rate rents, this investment is a seamless addition to any portfolio. Convenience is key with off-street parking available and excellent proximity to essential amenities. Situated just steps away from the NE 42nd bus line, local stores, and cafes, tenants enjoy easy access to everyday necessities. Plus, with Fernhill Park, New Seasons, and the iconic Kennedy School McMennamins nearby, tenants have ample recreational and entertainment options at their fingertips. This 4-Plex offers a hassle-free investment opportunity in a sought-after location. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10225971]
Location
State OR
County Multnomah
Area _142
Zoning RM-1
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Cooling None
Exterior
Roof Type Composition,Shingle
Garage No
Building
Lot Description Gentle Sloping
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Rigler
Middle Schools Beaumont
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
