2304 NE 162ND AVE, Portland, OR 97230

$460,000
List Price
$460,000
Days on Market
6
MLS#
19188456
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland Northeast
Status
Active

Property Description

Perfect 1 level duplex opportunity in NE. Each unit is 3 bed 2 bath with garage, cul-de-sac st. Fully rented. Newer 2000 build. Gas heat, A/C. Fenced back yard, patio, sprinkler system. Turn key opportunity. Great current tenants, strong rental history. On bus line. Do not disturb tenants. Make offers subject to interior inspection. Outside of the current City of Portland rental relocation assistance mandate area.

Additional Information

Tax Amount
$5,206
Year Built
2000
High School
Reynolds
Elementary School
Wilkes
Middle School
H.B. Lee
Garage Spaces
2
Stories
1
Terms
Cash, Conventional, FHA
Basement Foundation
Crawl Space
Cooling Description
Central Air
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Gas
Exterior Description
Cement Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
2296
Capitalization Rate
3.87
Operating Expenses Actual
14472
Gross Income Actual
32290
Gross Rent Multiplier
14.25
Net Income Actual
17818
Occupancy Types
Leased, Month to Month
Utilities Included
Trash Collection, Sewer, Water, Landscaping
Parking Description
Attached, Garage
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
1350
Unit Type One Sq Ft
1148
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
3
Unit Type Two Rent
1295
Unit Type Two Sq Ft
1148
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Equity Group.

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