Check out the location! Two triplexes side by side on two separate tax lots being sold together. Great close-in location with walkability drives consistent interest. Great income with historically longterm tenants. Low rents on most units offers great potential for increase income and upside. 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
10,454 Sq Ft Lot
Home Design
Wood Composite
Interior Spaces
4,388 Sq Ft Home
1-Story Property
Bedrooms and Bathrooms
8 Bedrooms
5 Bathrooms
Schools
Buckman Elementary School
Hosford Middle School
Cleveland High School
Utilities
No Cooling
No Heating
Listing and Financial Details
Assessor Parcel Number R208176, R208175
Community Details
Overview
6 Units
Building Details
Operating Expense $26,753
Gross Income $99,900
Net Operating Income $73,147
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: 8
Lot Size Range: SqFt10000to14999
Exterior Features
Exterior Description: WoodComposite
Lot Size: 10,000 to 14,999 SqFt
View: No
Garage/Parking
Attached Garage: No
Utilities
Fuel Description: Electricity
Cooling Y N: No
Heating: WallHeater
Heating Yn: No
Sewer: PublicSewer
Water Source: PublicWater
Schools
Elementary School: Buckman
High School: Cleveland
Middle Or Junior School: Hosford
Lot Info
Zoning: RM2
Lot Size Acres: 0.24
Lot Size Sq Ft: 10454.0
Parcel #: R208176, R208175
Green Features
Green Certification: No
Rental Info
Rent Includes: Sewer, TrashCollection, Water
Tax Info
Tax Deferral: No
Tax Year: 2024
Tax Annual Amount: 6963.1
Multi Family
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
Number Of Units Total: 6
Gross Rent Multiplier: 13.01
Annual Gross Income: 99900.0
Property Net Operating Income: 73147.0
Annual Operating Expense: 26753.0
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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