This listing is NOT a foreclosure. ATTN: Househackers! Here's a great spot to build equity with this duplex at the corner of upper Sandy an 82nd. Long term tenants under market value rent, on month-to-month tenancy. Rental comps come in at $1900 per month, per side. Cap rate with market value rents comes in at 6.27%. Tenants pay all utilities. Quick access to 205, commuting, great eats, and forest bathing in the Grotto. Mirroring layouts for units. This area sits near the cultural energy of the Jade District-one of Portlands most diverse and entrepreneurial districts. Live in one side and stabilize your costs, rent both units later, hold as a long-term investment, or leverage appreciation as the corridor evolves.This MLS Resale home is a single family home located in Portland. It offers 0.11 acres in size, 7 beds and 3 baths. Review its detailed information and determine if this Portland MLS Resale has the qualities you are looking for.
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Email New Homes Like These
On Thursdays, get weekly alerts direct to your inbox from us with the newest properties in your search area.
Property Info
Property ID1085463705
Parcel NumberR300331
CountyMultnomah
Bedrooms7
Bathrooms3.0
Living Area (sqft)1,728
Price/sqft$248
Year Built01/01/1978
Property TypeSingle Family Home
Lot Size0.11 acres
Stories1
Total Units3
Parking3
Legal DescriptionWELLESLEY, BLOCK 2, LOT 11&12 EXC PT IN ST
ZoningR2
rto financingtrio
Property Brokerage:
The Agency Portland