See all 27 photos
27 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by RE/MAX Equity Group
$440,000
Est. payment /mo
4 Beds
2 Baths
1,588 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,588 sqft
Price per Sqft $277
Subdivision Anniversary Park
MLS Listing ID 415569253
Bedrooms 4
HOA Y/N No
Year Built 1963
Annual Tax Amount $4,208
Tax Year 2025
Lot Size 8,712 Sqft
Property Description
Excellent Investment Opportunity! Duplex situated on a large 8,519 sq. ft. corner lot just one block from MAX for convenient commuting. Long-term ownership of over 20 years with excellent rental history.Unit #1 features 2 bedrooms, 1 bath, newer range & refrigerator, laminate flooring and inside utility room with washer/dryer hookups, utility sink and storage cabinets. Large fenced yard is separated from the adjoining unit for added privacy. Enclosed and gated carport provides additional storage plus a separate storage shed.Unit #2 offers a similar 2-bedroom, 1-bath floor plan plus a bonus room that could provide flexible space for an office, den or potential 3rd bedroom (no closet). Also includes inside utility, fenced yard, enclosed/gated carport and storage.Major improvements include NEW roof & gutters in 2023 and NEW vinyl windows in 2019. Exterior is ready for fresh paint and your personal touch.One unit is currently vacant for easy viewing. Long-term tenant in occupied unit has been there approximately 20+ years and currently pays $1,100/month, reflecting reduced rent in consideration of assistance with yard/property care. Vacant unit most recently rented for $1,600/month. Current rents indicate potential rental upside. Great opportunity for investor or owner-occupant looking to build equity and generate income!
Location
State OR
County Multnomah
Area _144
Zoning 1101
Interior
Heating Wall Heater
Cooling None
Exterior
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level, Trees
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Davis
Middle Schools Reynolds
High Schools Reynolds
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Read Less Info
Nearby Locations
GET MORE INFORMATION
Are you interested in buying a home? Look no further than a local real estate expert.