$514995
Price cut: $10K (05-19-2025)
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3 Bed
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2 Bath
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1519 SqFt
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171 DOM
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Built: 1956
- Status: Active
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Mohanraj Rajendran
Real Estate Agent
(503) 336-1515Discover a fantastic investment opportunity with this charming duplex located in the vibrant NoPo/St. Johns area of Portland, Oregon! Perfectly situated close to schools and just minutes from the bustling center of St. Johns, this property offers both convenience and potential.Set on a desirable corner lot, the duplex features off-street parking for both units, ensuring easy access for tenants and guests alike. With a solid rental history and managed by RMS Property Management, this property has proven to be a reliable income generator, boasting a net cap rate of 5.3%.Each unit is designed for comfort and functionality, making it appealing to a wide range of renters. The proximity to local amenities, parks, and public transportation enhances its desirability, ensuring consistent demand.Whether you're an experienced investor or looking to enter the rental market, this duplex presents a unique opportunity to own a well-maintained property in a thriving neighborhood. Don’t miss your chance to capitalize on this income-producing gem in Portland’s NoPo/St. Johns area!
Listing Provided Courtesy of Kevin Smallbeck, RE/MAX Equity Group
General Information
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325493717
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171 DOM
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3
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5662.8 SqFt
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2
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1519
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1956
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R5
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Multnomah
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R248929
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Cesar Chavez
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Cesar Chavez
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Roosevelt
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MultiFamily
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PORTSMOUTH VILLA EXTD, BLOCK O, LOT 18
Listing Provided Courtesy of Kevin Smallbeck, RE/MAX Equity Group
Mohan Realty Group data last checked: Jul 16, 2025 15:39 | Listing last modified Jun 22, 2025 10:02,
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