Portland, OR 97206,5105 5109 SE TIBBETTS ST
Portland, OR 97206,5105 5109 SE TIBBETTS ST
Portland, OR 97206,5105 5109 SE TIBBETTS ST
Portland, OR 97206,5105 5109 SE TIBBETTS ST
Portland, OR 97206,5105 5109 SE TIBBETTS ST
Portland, OR 97206,5105 5109 SE TIBBETTS ST
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Listed by Urban Nest Realty
$ 780,000
Est. payment | /mo

3,420 SqFt


Save
$ 780,000
Est. payment | /mo
Save

3,420 SqFt

OPEN HOUSE

Sat May 10, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,420 sqft

Price per Sqft $228

Subdivision Richmond

MLS Listing ID 331659176

Year Built 1956

Annual Tax Amount $6,700

Tax Year 2024

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

Community Centralair, Laundry

Area _143

Zoning R2.5

Rooms

Basement Full Basement, Partially Finished

Interior

Heating Forced Air

Cooling Central Air

Exterior

Community Features CentralAir, Laundry

View Seasonal

Roof Type Composition

Garage No

Building

Lot Description Corner Lot, Level

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

Regional Multiple Listing Service (RMLS)

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5105 5109 SE TIBBETTS ST