Great investment opportunity! Each unit is 2bd/1 ba. All kitchens & bathrooms have been recently remodeled. Additional updates include, new flooring throughout, new windows, hot water heaters, interior & exterior painting, and electrical panels. Owner has also updated the decks and landscaping in the private and common areas. Off-street parking for 8 vehicles. Close to transportation and plenty of nearby amenities.
Keller Williams PDX CentralLicense #201212192Listed on: 04/13/2023
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,869
Year Built
Built in 1945 | Remodeled
Lot Details
Private Lot
Level Lot
Flag Lot
Home Design
Composition Roof
Wood Siding
Concrete Perimeter Foundation
Interior Spaces
2,832 Sq Ft Home
1-Story Property
Bedrooms and Bathrooms
8 Bedrooms
4 Bathrooms
Parking
8 Parking Spaces
Paved Parking
Open Parking
Schools
Lincoln Park Elementary School
Ron Russell Middle School
David Douglas High School
Utilities
No Cooling
Baseboard Heating
Electric Water Heater
Listing and Financial Details
Assessor Parcel Number R334243
Community Details
Overview
4 Units
Building Details
Operating Expense $19,211
Gross Income $50,000
Net Operating Income $30,000
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,869
Year Built
Built in 1945 | Remodeled
Lot Details
0
Listing Details
Standard Status: Active
MLS Status: Active
Property Type: MultiFamily
Stories: 1
Year Built: 1945
Property Condition: UpdatedRemodeled
Property Attached Yn: No
Open House: No
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Total Bedrooms: 8
Lot Size Range: SqFt15000to19999
Exterior Features
Exterior Description: WoodSiding
Lot Size: 15,000 to 19,999 SqFt
Foundation Details: ConcretePerimeter
View: No
Lot Features: FlagLot, Level, Private
Roof: Composition
Garage/Parking
Parking Description: Open, Paved
Attached Garage: No
Total Parking Spaces: 8.0
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Cooling Y N: No
Heating: Baseboard
Heating Yn: Yes
Sewer: PublicSewer
Water Source: PublicWater
Schools
Elementary School: Lincoln Park
High School: David Douglas
Middle Or Junior School: Ron Russell
Lot Info
Zoning: RM1
Parcel #: R334243
Green Features
Green Certification: No
Rental Info
Rent Includes: Sewer, TrashCollection, Water
Tax Info
Tax Deferral: No
Tax Year: 2024
Tax Annual Amount: 7869.19
Multi Family
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Number Of Units Total: 4
Gross Rent Multiplier: 13.38
Annual Gross Income: 50000.0
Property Net Operating Income: 30000.0
Annual Operating Expense: 19211.0
Map
Range of Values:
Collateral Analytics
Collateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Not Available
Collateral Analytics does not have data for the current month. Please view the chart for historical values.
ICE
ICE Mortgage Technology
ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
Not Available
ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.
First American
First American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Not Available
First American does not have data for the current month. Please view the chart for historical values.
Quantarium
Quantarium
Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.
Not Available
Quantarium does not have data for the current month. Please view the chart for historical values.
Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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.
*** 7.5% CAP RATE *** EXCELLENT CASH FLOW with VALUE ADD OPPORTUNITY *** This amazing .34 acre property has three homes and possibly room for one more. All three ROOFS ARE NEW and all three have RECENT INTERIOR UPDATES. Fully rented and ready! Very convenient location close to I-205 and many amenities. Hurry now before this opportunity is gone! [Home Energy Score = 2. HES Report at
Spacious duplex, ideal for owner-occupants looking to live in one unit and rent the other, or for savvy investors seeking a strong income producing property. Two well-maintained units: one featuring 5 bedrooms and 2 full bathrooms, and the other 2 bedrooms and 1 bathroom. Enjoy off-street parking, double car garage, huge storage shop and access to a shared outdoor big backyard perfect for
*** ASTONISHING CASH FLOW *** OVER 9% CAP RATE *** This amazing cash flow is a rare find. HURRY NOW BEFORE THIS GREAT DEAL IS GONE!!! Very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1 bed 1 bath units plus a laundry room. This property provides a great opportunity for an owner occupant - loans available
Want an investment property with owner-occupied interest rates? This great 4-unit has a newly vacant apartment waiting for you to move in. Existing tenants all long-term and month-to-month; 100% occupancy for over 10 years! New roof (2023), exterior paint (2023). Lots of work on individual units (detailed list available) including updates on bathroom floors, plumbing, bathroom fixtures and
Charming Townhouse-Style Triplex! 15,17,19 are the unit #'s. Each spacious unit features cozy fireplaces, in-unit washer & dryer hookups, and private back patios—perfect for relaxing or entertaining. Conveniently located just minutes from the MAX station and shopping, this property offers excellent accessibility and appeal for renters or owner-occupants alike. A fantastic investment opportunity
Welcome to your next opportunity! This expansive and versatile property features 9 generously sized bedrooms and 4.1 bathrooms, making it ideal for large or extended families or multi-generational living.
Mid-Century Gem with Basement Apartment on a fabulous 0.74 Acre Lot!This mid-century home, surrounded by evergreens on a generous lot, features strategic updates with enormous potential for future development. A wood-burning fireplace welcomes you, with a comfortable living area, dining nook overlooking the forest-like backyard, and a recently renovated kitchen including travertine-style
Great investment opportunity. Fully rented with month-to-month long term tenants. All units have 2 Bed /1 bath on one level. Contact agent for more details and showings."24 hour notice required to schedule a showing." Please do not disturb tenants.
Fantastic investment opportunity in SE Portland! This updated fourplex features three 2BD/1BA units and one spacious 3BD/2BA unit with vaulted ceilings and in-unit laundry—perfect for an owner-occupant or premium rental. One unit is currently vacant, offering immediate upside. Recent capital improvements include new mini-split systems in all units and fresh exterior paint. Shared laundry for the
This home is located at 2560 SE 136th Ave Unit 2566, Portland, OR 97236 and is currently priced at $669,000, approximately $236 per square foot. This property was built in 1945. 2560 SE 136th Ave Unit 2566 is a home located in Multnomah County with nearby schools including Lincoln Park Elementary School, Ron Russell Middle School, and David Douglas High School.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.