Cash flow property, investor's dream. Duplex in quite cul-de-sac, in great shape with signed leases. Tenants love their home and want to stay long term. Great rental rate from each side. Master bedroom with its own bathroom, gas fireplace, oak cabinets. Washer and dryer included for unit 887. These will have very little vacancy, and with yearly rent increases, cash flow and equity will build. Please do not disturb tenants.
Last Agent to Sell the Property
Jesse Rivera
PDX Investment Real Estate LLCLicense #970200171Listed on: 01/25/2017
Remarks Public: Cash flow property, investor's dream. Duplex in quite cul-de-sac, in great shape with signed leases. Tenants love their home and want to stay long term. Great rental rate from each side. Master bedroom with its own bathroom, gas fireplace, oak cabinets. Washer and dryer included for unit 887. These will have very little vacancy, and with yearly rent increases, cash flow and equity will build. Please do not disturb tenants.
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Legal Description: SUGARBUSH, BLOCK 2, LOT 21
Basement: Crawl Space
Storage: Garage(s)
Exterior Features
Exterior Description: Brick, Wood Siding
Lot Size: 7,000 to 9,999 SqFt
Roof Type: Composition
Garage/Parking
Garage Or Parking Spaces: 6
Parking Description: Attached, Garage
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Sewer: Public Sewer
Water Description: Public
Heating Description: Forced Air
Association/Amenities
Amenities Supplement: No
Condo/Co-op/Association
Management Name: Do Not Disturb Tenants!
Unit Features: Dishwasher, Disposal, Range, Refrigerator, Washer/Dryer
Lot Info
Lot Description: Level
Zoning: LDR-7
Water Rights Supplement: No
Green Features
Green Energy Supplement: No
Rental Info
Rent Includes: Electricity, Heat, Water
Tax Info
Tax Amount: 3856.52
Assessor Parcel Number: R278346
Multi Family
Unit Type: 1, 2
Number Of Units Total: 2
Gross Rent Multiplier: 11.54
Ownership History
DateNameOwned ForOwner Type
Sep 2020 - PresentMillen Noah4 Years and 10 Months
Private Individual
Purchase Details
Listed on
Jun 1, 2020
Closed on
Sep 14, 2020
Sold by
Woods Marcus E and Woods Alahnna D
Bought by
Millen Noah
Seller's Agent
Ann-Marie Nava
MORE Realty
Buyer's Agent
Brian Porter
Opt
List Price
$484,900
Sold Price
$480,000
Premium/Discount to List
-$4,900
-1.01%
Current Estimated Value
$560,951
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,951
Avg. Annual Appreciation
3.01%
Original Mortgage
$384,000
Outstanding Balance
$344,621
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$209,993
Apr 2017 - Sep 2020Woods Marcus E and Woods Alahnna D3 Years and 5 Months
Private Individual
Purchase Details
Listed on
Jan 25, 2017
Closed on
Apr 4, 2017
Sold by
Schultz Scott G
Bought by
Woods Marcus E and Woods Alahnna D
Seller's Agent
Jesse Rivera
PDX Investment Real Estate LLC
Buyer's Agent
Ann-Marie Nava
MORE Realty
List Price
$429,900
Sold Price
$422,000
Premium/Discount to List
-$7,900
-1.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$308,250
Interest Rate
4.16%
Mortgage Type
New Conventional
Mar 2012 - Apr 2017Schultz Scott G and Schultz Brigitte5 Years and 1 Month
Private Individual
Purchase Details
Closed on
Mar 27, 2012
Sold by
Lozzi Steven A
Bought by
Schultz Scott G and Schultz Brigitte
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Excellent investment opportunity or live-in-one, rent-the-other! This well-maintained duplex features two spacious units, each with 2 bedrooms, 1 bathroom, and private entrances. Both units offer open-concept living and dining areas, functional kitchens, and dedicated off-street parking. Recent updates and a solid rental history make this a turn-key property for investors or owner-occupants
Great income producing duplex or live in one unit while offsetting your mortgage with income. Conveniently located in a charming, established SE Portland neighborhood! The main level is 1032sqft with three bedrooms and one bathroom, beautifully refinished hardwood floors and a new slider that opens to a covered patio. The kitchen is fully equipped and opens to a spacious dining area with built-in
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax Assessment
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This home is located at 887 NE Hacienda Ct Unit 889, Gresham, OR 97030 and is currently priced at $422,000, approximately $180 per square foot. This property was built in 1978. 887 NE Hacienda Ct Unit 889 is a home located in Multnomah County with nearby schools including Powell Valley Elementary School, Gordon Russell Middle School, and Sam Barlow High School.
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