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Listed by Wood Land Realty • 503-522-1691
$ 1,225,000
Est. payment | /mo
3,240 SqFt
$ 1,225,000
Est. payment | /mo
3,240 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $378
Subdivision Kerns
MLS Listing ID 493082979
Year Built 1965
Annual Tax Amount $10,810
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
Investors Moneymaker OR Enticing owner-occupied option. Here's your chance to create the compound you've been dreaming of. Mid-century 4 Plex with 3 units available for immediate living. Bring your friends and family and move right in. A variety of unit sizes + independent garage leases create multiple income streams. Well maintained and updated throughout. Every unit is clean, painted, and ready to go. Ground floor units have original hardwoods. Upstairs: unit 125 has LVP throughout and unit 127 has bamboo floors in LR and new carpet in bedrooms. Low-e vinyl windows, double closets, tub + showers, on-site coin-op laundry. Additional income stream on 3 separately leased garage spaces ($190, $190, $215). Central eastside Kerns neighborhood location makes this plex a super accessible urban paradise. Your favorite everything is just around the corner. Walk score = 96, bike score = 90. This is a walkers/bikers paradise! LOTS of opportunities to increase your return on investment with this plex. Please DND tenants.
Location
State OR
County Multnomah
Community Laundry
Area _143
Zoning R2.5
Rooms
Basement Crawl Space
Interior
Heating Baseboard, Wall Heater
Cooling None
Exterior
Community Features Laundry
Roof Type Composition
Garage No
Building
Lot Description Level, Trees
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Sunnyside Env
Middle Schools Sunnyside Env
High Schools Franklin
Others
Acceptable Financing Conventional
Listing Terms Conventional
