- ADDRESS:
- 8541 NE RUSSELL ST Portland, OR 97220
- Price:
- $624,990
- Units:
- 3
- Acres:
- 0.12
- Unit 1:
-
2 Bed
2.0 Bath
$1,800/mo
Features: Dishwasher, Fireplace, Refrigerator, Washer/Dryer - Unit 2:
-
2 Bed
1.0 Bath
$1,900/mo
Features: Dishwasher, Fireplace, Refrigerator, Washer/Dryer - Unit 3:
-
2 Bed
2.0 Bath
$1,585/mo
Features: Dishwasher, Fireplace, Refrigerator, Washer/Dryer - MLS#:
- 570703005
- Lot Size:
- 5,000 to 6,999 SqFt
- Type:
- Multi
- Zone:
- EG2
- Yr Built:
- 2000
- Taxe/yr:
- $9,524.12
- County:
- Multnomah
- Status:
- Active
- Levels:
- 2
- Heat:
- Zoned
- Nhood/Bldg:
- Madison Place
- View:
- Territorial
- Elem:
- Jason Lee
- Middle:
- Roseway Heights
- High:
- Leodis McDaniel
- Lot Desc:
- Corner Lot, Level
- Area:
- Portland Northeast
- Courtesy of:
- Premiere Property Group, LLC
- Remarks:
- Exceptional Investment Opportunity: 3-Plex in a Thriving Community.Discover this traditional-style 3-plex, offering a unique blend of comfort, functionality, and income potential. Nestled within a welcoming community of multi-family homes, this property is ideally situated near shopping, schools, parks, & more. The Homeowners Association (HOA) not only enhances community living but also includes property management services, ensuring a hassle-free ownership experience. Unit A – Charming Two-Story Townhouse. This unit features two spacious bedrooms & 1 1/2 bathrooms, providing ample space for comfortable living. The open-concept living area is accentuated by a cozy gas fireplace. Enjoy the convenience of a private patio for outdoor relaxation & an attached garage for secure parking & additional storage. Unit B – Expansive Single-Level Flat with Bonus Room. This two bedroom, full bathroom unit boasts a large bonus room complete with a closet, perfect for use as a third bedroom or home office. The generous living & dining areas flow seamlessly into the kitchen, all warmed by a gas fireplace. A private patio provides a serene outdoor space, and direct garage access adds to the unit's practicality. Unit C – Upper-Level Flat with En-Suite Primary Bedroom. This upper-level unit has two bedrooms & two full bathrooms, one is a private en-suite in the primary bedroom. The expansive living space is highlighted by a gas fireplace, offering a comfortable & inviting atmosphere. An attached garage ensures convenient parking and storage solutions. Additionally, a fourth garage currently generates additional rental income but offers flexibility for use as on-site storage or further income opportunities. This 3-plex presents a opportunity to invest in a property that combines immediate income generation w/ long-term growth potential. Whether you're expanding your portfolio or seeking a solid entry into real estate investment, this property warrants your attention. Call for tour.