- ADDRESS:
- 7612 SE 65TH AVE Portland, OR 97206
- Videos:
- Virtual Tour Print this Listing
- Price:
- $850,000
- Units:
- 4
- Acres:
- 0.23
- Unit 1:
-
2 Bed
1.0 Bath
$1,800/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer - Unit 2:
-
3 Bed
2.0 Bath
$1,950/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer - Unit 3:
-
3 Bed
1.0 Bath
$1,940/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer - Unit 4:
-
3 Bed
2.0 Bath
$2,050/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer - MLS#:
- 700106151
- Lot Size:
- 10,000 to 14,999 SqFt
- Type:
- Multi
- Zone:
- R5
- Yr Built:
- 1942
- Taxe/yr:
- $7,354.62
- County:
- Multnomah
- Status:
- Active
- Levels:
- 1
- Heat:
- Forced Air
- Nhood/Bldg:
- Brentwood / Darlington
- Elem:
- Whitman
- Middle:
- Brentwood
- High:
- Cleveland
- Lot Desc:
- Level, Public Road
- Area:
- Portland Southeast
- Courtesy of:
- Opt
- Remarks:
- Updated 4-Plex with $7,740/monthly income - this one CASH FLOWS! Desirable single-level living in Brentwood with two 3-Bedroom/2-Bath units, a 3-Bedroom/1-Bath unit and a 2-Bedroom/1-Bath unit with an attached garage. Major Remodel in 2018/2019 with new electric meters, panels and circuits, pex plumbing, new sewer lines, new gas furnaces, water heaters, and updated finishes throughout. Remodel includes converted garages to bedroom/bathroom in Units 7614 & 7706 and a bonus room/bedroom in Unit 7704. Property consists of TWO duplexes with their own utilities on their own legal lots of record. This would be EZ to split into two tax lots and sell as duplexes separately! With $92,880 estimated annual income, this building is selling at a very enticing 9.2 GRM and a whopping 6.8% cap rate! Stable tenant base, quiet street and good neighborhood make this 4-Plex a great PDX investment. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10236657]