2723 SE 52ND AVE, Portland, OR 97206

Property Description

Townhouse-style triplex with a fabulous floor plan offers great living and has excellent long-term tenants! Each unit features a generous living room that opens to a kitchen and dining area, with access to a private deck for easy entertaining and grilling. Upstairs, two spacious bedrooms with double closets and extra storage offer a versatile layout for many living situations. Ultra-convenient in-unit washer and dryer, plus a dedicated off-street parking space and new storage space areas for each unit, are all very appealing to today's renter. Ideally located in popular South Tabor near Mt. Tabor and the shops and restaurants of SE Division. There’s no shortage of great attractions nearby, such as Petite Provence bakery, a board game café, and popular pizza. Very walkable, with a Walk Score of 88, a Bike Score of 98 that makes it a Biker’s Paradise, and a solid rating for public transit. With major projects completed, such as a new roof in 2025, you can buy with confidence. Long-term tenants who want to stay mean you earn money on day one, with stable, steady income. Easy to rent, easy to manage, with rents positioned to grow: projected 5.36% rate within 3 years. A turnkey, excellent long-term investment in a close-in, high-demand location.