Great investment opportunity, one unit will be rented on the 25th of February. Live in one unit and rent the other or rent both. New floors, new interior paint and new kitchen counter tops. Close to a lot of shopping centers, Clackamas Town Center Mall, public transportation. 2 Units are identical, tenant occupied 24 hour notice for showing * Rent for two units may not be the same
Last Agent to Sell the Property
RE/MAX Equity Group License #201247964 Listed on: 02/06/2024
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Schools
Utilities
Listing and Financial Details
Overview
Building Details
$675,000
*** 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
Jason Kennedy RE/MAX Equity Group
$595,000
*** 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
Jason Kennedy RE/MAX Equity Group
$675,000
Fantastic Income producing duplex in prime Hamilton Heights Location! This beautifully maintained property offers two spacious units ideal for living in one and renting the other. Its also a great investment property or multi-generational living. The upper unit features 2 bedrooms and 2 bathrooms, a generous living room with fireplace, soaring ceilings, stunning wood paneling, and oversized
Nick Shivers Keller Williams PDX Central
$675,000
Charming Duplex with Bonus Basement Unit in the Heart of St. JohnsNestled in the vibrant St. Johns neighborhood, this versatile duplex presents a fantastic opportunity for both homeowners and investors. Each side of the duplex offers 1 spacious bedroom and 1 full bathroom, with light-filled, open-concept living areas that blend comfort and functionality—perfect for families, professionals, or
Rebecca Smith eXp Realty, LLC
$489,000
Townhouse-style, move-in ready duplex is vacant and primed for your market-rate rents! Ideal as an investment property or live in one half and rent the other to offset mortgage costs. Nice floor plan w/2BRs w/generous closets and full bathroom upstairs; 1/2 bathroom down. Both units freshly painted and carpeted. Kitchens w/new flooring, counters & appliances. Eating area w/slider (new) opens to a
Dana McKillop Windermere Realty Trust
$463,200
Townhome Style Duplex on large private flag lot, new roof in 2024. Spacious bedrooms, sliding glass door to very large back yards, , vaulted ceilings with 2 1/2 baths, separate water meters, attached single-car garages. Great residential pocket just south of Division. Vinyl siding for easy outside maintenance. Live in one and rent the other. Additional parking spaces. Qualifies for DSCR loans for
Harlan Mayer RealEstatePDX.com
$685,000
Charming and versatile turnkey duplex nestled in Portland’s vibrant Foster-Powell neighborhood. This unique property offers two distinct living spaces, ideal for multigenerational living, owner-occupancy with rental income, or a smart addition to any investment portfolio. With a total of five bedrooms and three bathrooms between the two units, this home seamlessly blends 1950s character with
Carmen Hart Premiere Property Group, LLC
$725,000
Versatile space, boundless possibilities! This solid, move-in ready mixed-use property offers a prime opportunity for residential, commercial or investment purposes. The 864 sq. ft. garage/shop, built in 1989, has room for three vehicles, a workshop area, a loft for storage, and is outfitted with 220V-240V 1PH single phase power. There are four more off street parking spaces, ideal for a business
Kate Uva Redfin
$699,900
This well-maintained triplex has always been occupied and offers an attractive cap rate, making it ideal for investors seeking reliable income or buyers looking to offset living costs with rental revenue. Designed for low-maintenance ownership, the property includes separate electricity meters for each unit and a brand-new roof installed just 4 years ago. Each unit features a spacious kitchen
William Grzebyk Redfin
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $600,000 | First American Title | |
| Warranty Deed | $345,000 | First American | |
| Warranty Deed | $345,000 | First American Title Insuran | |
| Interfamily Deed Transfer | -- | First American |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,000 | New Conventional | |
| Previous Owner | $242,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $226,400 | Unknown | |
| Previous Owner | $28,300 | Stand Alone Second | |
| Previous Owner | $185,500 | Stand Alone Refi Refinance Of Original Loan |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2024 04/25/24 | Sold | $600,000 | -4.8% | $223 / Sq Ft |
| 03/10/2024 03/10/24 | Pending | -- | -- | -- |
| 02/06/2024 02/06/24 | For Sale | $630,000 | +83.4% | $234 / Sq Ft |
| 05/01/2015 05/01/15 | Sold | $343,500 | -1.8% | $127 / Sq Ft |
| 02/12/2015 02/12/15 | Pending | -- | -- | -- |
| 02/05/2015 02/05/15 | For Sale | $349,950 | -- | $130 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax 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. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $9,090 | $343,040 | $0 | $0 |
| 2022 | $8,893 | $333,050 | $0 | $0 |
| 2021 | $8,743 | $323,350 | $0 | $0 |
| 2020 | $8,020 | $313,940 | $0 | $0 |
| 2019 | $7,725 | $304,800 | $0 | $0 |
| 2018 | $7,498 | $295,930 | $0 | $0 |
| 2017 | $7,187 | $287,320 | $0 | $0 |
| 2016 | $6,577 | $278,960 | $0 | $0 |
| 2015 | $6,014 | $270,840 | $0 | $0 |
| 2014 | -- | $262,960 | $0 | $0 |
Seller's Agent in 2024
Amit Amshalom
RE/MAX
(503) 998-1747
1 in this area
9 Total Sales
S
Buyer's Agent in 2024
Scott Kaul
eXp Realty, LLC
(888) 814-9613
4 in this area
166 Total Sales
G
Seller's Agent in 2015
Georgetown Realty Inc
Georgetown Realty Inc.
(503) 789-5359
19 in this area
63 Total Sales
L
Seller Co-Listing Agent in 2015
Lesley Yan
Georgetown Realty Inc.
(503) 256-1112
15 in this area
36 Total Sales
Buyer's Agent in 2015
Melanie Miao Wu
MORE Realty
(503) 734-6895
6 in this area
22 Total Sales
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24322612
APN: R498624
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