Portland, OR 97206,5215 SE DIVISION ST
Portland, OR 97206,5215 SE DIVISION ST
Portland, OR 97206,5215 SE DIVISION ST
Listed by Coldwell Banker Bain • 626-390-1806
Bought with Keller Williams Realty Professionals
$790,000
Est. payment /mo
$799,999
1.2%
Est.Price: ?

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3,200 SqFt
SOLD DATE : 05/14/2024

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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Regional Multiple Listing Service (RMLS)

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Cassandra Marks

+1(503) 884-2387

Realtor, Licensed in OR & WA | License ID: 201225764

Realtor, Licensed in OR & WA License ID: 201225764

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