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5105 SE Tibbetts St

Portland, OR 97206
  • $825,000
  • STATUS: Active
  • MLS #: 24287734
UPDATED: 72 min ago
$825,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,420
    SQFT
  • $241
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Information

Elementary School:
Middle School:
High School:

Description

Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.4% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property and live in the non-conforming 3rd unit. No Showings, please contact the listing agent for Open House information or questions. DND Tenants.

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Listing content is copyright © 2024 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2024-05-23T23:51:47.697.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Brantley Christianson Real Estate LLC and should be independently verified.
www.brantleychristianson.com/homes/149312707
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5105 SE Tibbetts St Portland, OR 97206

  • Price: $825,000
  • Status: Active
  • On Site: Days
  • Updated: 72 min ago
  • MLS #: 24287734
0
Beds
0
Baths
0
½ Baths
0.13
Acres
3,420
SQFT
$241
$/SQFT
1956
Built
Neighborhood:
South Tabor
County:
Multnomah
Area:
143-Portland Southeast
Elementary School:
Creston
Middle School:
Kellogg
High School:
Franklin
Property Description
Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.4% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property and live in the non-conforming 3rd unit. No Showings, please contact the listing agent for Open House information or questions. DND Tenants.
Exterior Features

Attached Garage YN No Exterior Description Shake Siding Foundation Details Concrete Perimeter Lot Features Corner Lot Level Parking Features Driveway Off Street Parking Total 3 Road Surface Type Concrete Paved Roof Composition View Description Seasonal View YN Yes

Interior Features

Basement Full Basement Partially Finished Separate Living Quarters Apartment Aux Living Unit Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Bank Owned YN No Community Features Laundry Fuel Description Gas Green Certification YN No Gross Income 58944 Hot Water Description Electricity IDXAddress Display YN Yes Internet Service Type Cable Listing Terms Cash Conventional FHA VALoan Net Operating Income 44244 Operating Expense 14700 Property Attached YN No Property Condition Updated Remodeled Rent Includes Electricity Gas Trash Collection Water Sewer Public Sewer Short Sale YN No Storage Basement Locked Tax Annual Amount 6442.61 Tax Year 2023 Water Source Public Water Zoning R2.5

Listing provided courtesy of Urban Nest Realty: .


Listing content is copyright © 2024 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2024-05-23T23:51:47.697.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Brantley Christianson Real Estate LLC and should be independently verified.
 
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