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Listed by Opt

$439,900

Est. payment - /mo

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1,381 SqFt

New

7614 SE 65TH AVE Portland, OR 97206

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,381 sqft

Price per Sqft $318

MLS Listing ID 394137778

Year Built 1942

Annual Tax Amount $3,677

Tax Year 2025

Lot Size 4,791 Sqft

Property Description

Updated DUPLEX with $3,750/monthly income - this one CASH FLOWS! Desirable single-level living in Brentwood with a 3-Bedroom/2-Bath unit, and a 2-Bedroom/1-Bath unit with an attached garage. Major Remodel in 2018/2019 with new electric meters, panels and circuits, pex plumbing, new sewer lines, new gas furnaces, water heaters, and updated finishes throughout. Remodel includes converted garages to bedroom/bathroom in Unit 7614. With $45,000 estimated annual income, this building is selling at a very enticing 9.8 GRM and a whopping 6.2% cap rate! Stable tenant base, quiet street and good neighborhood make this DUPLEX a great PDX investment w/LT upside!

Location

State OR

County Multnomah

Community Commons

Area _143

Zoning R5

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Exterior

Garage Spaces 1.0

Community Features Commons

Roof Type Composition,Shingle

Garage No

Building

Lot Description Level, Public Road

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Whitman

Middle Schools Brentwood

High Schools Cleveland

Others

Acceptable Financing Cash, Conventional, VALoan

Listing Terms Cash, Conventional, VALoan

Virtual Tour https://mls.ricoh360.com/f200ecc2-c83c-4f9a-8ab7-3f9d370cb9b9

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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