$825000
8 Bed
7 Bath
1600 SqFt
16 DOM
Built: 1924
Real Estate Agent
(503) 336-1515Triplex with 6.18% Cap Rate. Current loan on the property is assumable at well below market rate. Call listing broker for more details. Great investment opportunity in Montavilla neighborhood of NE Portland. 3 addresses on 1 tax lot. Front house will roll into a month to month lease starting 6/27/2025 without a rent increase. This may open opportunities for a owner occupied unit and keep the duplex as a rental. The 3-unit property consists of a 774 square foot, detached home built in 1924. A duplex on the back of the property was built in 2005. House features hard wood flooring, jack & jill bathroom and large unfinished basement. The duplex units are each comprised of 3 bedrooms & 2.5 bath with quality finishes, stainless appliances, gas fireplaces, quality flooring and fenced yards.
Listing Provided Courtesy of Jon-Paul Praisler, MORE Realty
616068677
16 DOM
8
7405.2 SqFt
7
1600
1924
RM1
Multnomah
R319476
Vestal
Harrison Park
Leodis McDaniel
MultiFamily
SECTION 33 1N 2E, TL 500 0.17 ACRES
Listing Provided Courtesy of Jon-Paul Praisler, MORE Realty
Mohan Realty Group data last checked: Jun 09, 2025 06:19 | Listing last modified May 24, 2025 14:13,
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