5105 SE TIBBETTS ST Open House Save Request In-Person Tour Request Virtual Tour
Portland,OR 97206
OPEN HOUSE
Sat May 10, 12:00pm - 2:00pm
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,420 sqft
Price per Sqft $228
Subdivision Richmond
MLS Listing ID 554544251
Style Stories1
Bedrooms 5
Full Baths 3
Year Built 1956
Annual Tax Amount $6,700
Tax Year 2024
Lot Size 5,662 Sqft
Property Sub-Type Single Family Residence
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 5.6% 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, for Open House information or questions. DND Tenants.
Location
State OR
County Multnomah
Area _143
Zoning R2.5
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Number 2
Fireplaces Type Wood Burning
Exterior
Exterior Feature Porch, Yard
Parking Features Carport
Garage Spaces 3.0
View Seasonal
Roof Type Composition
Building
Lot Description Corner Lot, Level
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Creston
Middle Schools Kellogg
High Schools Franklin
Others
Acceptable Financing Cash,Conventional,FHA,VALoan
Listing Terms Cash,Conventional,FHA,VALoan