REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Windermere Realty Trust • 503-860-2805
$ 569,000
Est. payment | /mo
$ 569,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24178076
Year Built 1884
Annual Tax Amount $5,187
Property Description
Amazing cashflow property. One of the best values in Portland urban core! This impeccably preserved 1884 duplex is a unique opportunity. The property lives like a home with an ADU in the basement. Professionally managed for a hassle-free experience, the duplex is strategically located across from Providence Hospital, Oregon's largest employer. Situated in a vibrant neighborhood with renowned restaurants, coffee shops, and excellent amenities, this property ensures both comfort and convenience. Key features include on-site laundry potential, off-street parking, and RM2 zoning for potential expansion. With a remarkable Cap Rate exceeding 7%, this property is not only a charming residence but also a smart investment. Don't miss the chance to own a piece of Portland's history with this versatile and lucrative property.
Location
State OR
County Multnomah
Area _142
Zoning RM2
Rooms
Basement Full Basement
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 2
Foundation Block, Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Laurelhurst
Middle Schools Laurelhurst
High Schools Grant
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
We're here to help your home dreams come true! Contact us today to get in touch with one of our agents!
16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224