$ 500,000
2405 NE 88TH AVE Portland, OR 97220
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Listed by MORE Realty
$ 500,000
Est. payment | /mo
1,230 SqFt
$ 500,000
Est. payment | /mo
1,230 SqFt
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 1,230 sqft
Price per Sqft $406
MLS Listing ID 24543152
Year Built 1953
Annual Tax Amount $4,589
Property Description
MUST SEE THIS UNIQUE VERSATILE INVESTMENT OPPORTUNITY!! Multigenerational?? Here' a breakdown: Main Home-720 sq ft, features 2 bedroom, 1 bathroom. Currently rented for $1,695/month. ADU-506 sq ft studio apartment with 1 bathroom and a Murphy bed. Rented for $1,150/month. TOTAL OF 1230 sq ft! Tiny House is an additional unit available for purchase alongside the main home and ADU with rental income of $1,300/month. Both the main home and ADU have been newly updated, and each unit has its own fenced yard. The property has a strong rental history, and current tenants are interested in staying. Buyers are advised to conduct all due diligence.
Location
State OR
County Multnomah
Area _142
Zoning R5
Rooms
Basement None
Interior
Heating Forced Air
Exterior
Roof Type Metal
Parking Type Driveway, On Street
Garage No
Building
Lot Description Corner Lot, Level
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Jason Lee
Middle Schools Roseway Heights
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Don Johnson, PC
Principal Broker | Lic# 910900068