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Listed by Keller Williams PDX Central
$ 765,000
Est. payment | /mo
4,096 SqFt
$ 765,000
Est. payment | /mo
4,096 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,096 sqft
Price per Sqft $186
Subdivision Montavilla
MLS Listing ID 285142697
HOA Y/N No
Year Built 2005
Annual Tax Amount $11,318
Tax Year 2025
Lot Size 7,405 Sqft
Property Description
> Investment Opportunity awaits!!! Don't miss this TRI-PLEX w/ a 6.74% CAP RATE in the desirable Montavilla neighborhood. With 3 addresses (#900, #904 & #908) on 1 tax lot, this property is perfect for investors & owner-occupants alike (...did I mention the assumable loan...) Live in one unit and rent out the others to significantly offset your mortgage, or rent all 3 and cash flow! Duplex (904/908) was built in 2005 w/ each unit featuring 3 beds, 2.5 baths, a single-car garage & private backyard/patio spaces. Detached home out front (#900) was built in 1924 and features hard wood floors, jack & jill bathroom, and large unfinished basement. All kitchen appliances & washer/dryer in each unit are included. #900 is recently VACANT (previously rented for $1,850/mo) and can be shown anytime with scheduled apt. DO NOT DISTURB TENANTS in duplex (i.e. do not go past the back side of the sing-fam unit). [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10244226]
Location
State OR
County Multnomah
Area _142
Zoning RM1
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Exterior
Garage Spaces 2.0
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Vestal
Middle Schools Harrison Park
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
Nearby Locations
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Justin Burton
Lic# 201217253