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Key Details
Sold Price $790,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $246
Subdivision South Tabor
MLS Listing ID 23502095
Sold Date 05/14/24
Year Built 1972
Annual Tax Amount $7,997
Tax Year 2023
Property Description
Investor's Dream! Over $110k in improvements!!!!! Ultra low maintenance income property. Charming designer duplex in South Tabor/Richmond neighborhood right on the SE Division bus line, a short walk or drive to everything and everywhere in Portland. Great income or 1031 exchange property with terrific long-time 11+ year tenants in one unit. Very rare large square footage, each unit is on 2 levels and features 3 bedroom + 1 bath configuration with lovely fireplaces, in-unit laundry and easy flowing floorplan with dining area, living room and additional family/bonus room for entertaining. Private outdoor patio spaces are great for relaxation, grilling and planting. Each unit also features an attached single garage plus driveway parking for an additional vehicle. Both units recently went through complete remodel with brand new two toned kitchens, appliances, baths, paint inside and out, shades, front siding, garage doors and openers, hardware and much more. 5215 is vacant and in impeccable condition, available for tours and immediate owner occupancy or new tenants. 5217 is occupied, and tours of the unit will be made available to buyers with written offers. Comes with all appliances, profitable rent roll and everything for you to be a successful landlord or occupying owner. Possible to convert and add another 1 bedroom unit for AirBNB. The block is ripe for big redevelopment in 5-10 years. Walk and Bike scores are both at 92!!!
Location
State OR
County Multnomah
Area _143
Zoning RM1
Rooms
Basement Daylight, Exterior Entry, Finished
Interior
Heating Baseboard
Cooling None
Exterior
Roof Type TarGravel
Parking Type Attached, Garage
Garage No
Building
Lot Description On Busline, Trees
Story 2
Foundation Block, Concrete Perimeter, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Atkinson
Middle Schools Mt Tabor
High Schools Franklin
Others
Acceptable Financing CallListingAgent, Cash, Contract, Conventional, FHA, LeaseOption
Listing Terms CallListingAgent, Cash, Contract, Conventional, FHA, LeaseOption
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Cassandra Marks
Realtor, Licensed in OR & WA | License ID: 201225764
Realtor, Licensed in OR & WA License ID: 201225764