Check out the location of this triplex with incredible upside for your next investor. Great close-in location with walkability drives consistent interest. Great income with historically longterm tenants. This triplex can be purchased with the identical triplex right next door - both on separate tax lots - for a total of 6 units. Both off street and on street parking. Some recent updates in the kitchen with newer appliances.
Keller Williams Sunset CorridorBrokerage Phone: 503-890-6527License #200108016Listed on: 04/08/2025
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,963
Year Built
Built in 1959
Lot Details
5,227 Sq Ft Lot
Home Design
Built-Up Roof
Concrete Perimeter Foundation
Wood Composite
Interior Spaces
2,194 Sq Ft Home
1-Story Property
Bedrooms and Bathrooms
5 Bedrooms
3 Bathrooms
Parking
Driveway
On-Street Parking
Schools
Buckman Elementary School
Hosford Middle School
Cleveland High School
Utilities
No Cooling
Radiant Heating System
Heating System Mounted To A Wall or Window
Listing and Financial Details
Assessor Parcel Number R208176
Community Details
Overview
3 Units
Building Details
Operating Expense $13,015
Gross Income $40,200
Net Operating Income $27,185
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,963
Year Built
Built in 1959
Lot Details
0
Listing Details
Standard Status: Active
MLS Status: Active
Property Type: MultiFamily
Stories: 1
Year Built: 1959
Property Condition: Approximately
Property Attached Yn: No
Open House: No
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Total Bedrooms: 5
Lot Size Range: SqFt5000to6999
Exterior Features
Exterior Description: WoodComposite
Lot Size: 5,000 to 6,999 SqFt
Foundation Details: ConcretePerimeter
View: No
Roof: BuiltUp
Garage/Parking
Parking Description: Driveway, OnStreet
Attached Garage: No
Utilities
Fuel Description: Electricity
Cooling Y N: No
Heating: Radiant, WallHeater
Heating Yn: Yes
Sewer: PublicSewer
Water Source: PublicWater
Schools
Elementary School: Buckman
High School: Cleveland
Middle Or Junior School: Hosford
Lot Info
Zoning: RM2
Lot Size Acres: 0.12
Lot Size Sq Ft: 5227.0
Parcel #: R208176
Green Features
Green Certification: No
Rental Info
Rent Includes: Sewer, TrashCollection, Water
Tax Info
Tax Deferral: No
Tax Annual Amount: 6963.1
Multi Family
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Number Of Units Total: 3
Gross Rent Multiplier: 16.17
Annual Gross Income: 40200.0
Property Net Operating Income: 27185.0
Annual Operating Expense: 13015.0
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
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