7614 SE 65TH AVE, Portland, OR 97206
Listing Courtesy of Opt.
- $439,900
- 1,381
- SqFt
- List Price
- $439,900
- MLS#
- 394137778
- Status
- ACTIVE
- City
- Portland
- Area
- Portland Southeast
- County
- Multnomah
- Living Area
- 1,381
- Year Built
- 1942
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!
Additional Information
- Acres
- 0.11
- Water
- Public Water
- Elementary School
- Whitman
- Middle School
- Brentwood
- High School
- Cleveland
- Garage Spaces
- 1