646 SE 60TH AVE

Portland, OR 97215
Square Ft.
5,474
$900,000
Fully occupied and income-producing, this Mount Tabor-area triplex plus 8 SRO units offers the kind of cash-flow opportunity investors look for in a high-demand Portland location. With 11 total rentable spaces, 100% occupancy, and steady rental income already in place, this property is positioned as a strong portfolio addition forRead MoreRead Less
Listing courtesy of NextHome Realty Connection.
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
5,474
Lot Size
0.12 Acres
Year Built
1926
MLS Number
364335533
30 Days Snapshot Of 97215
$826k
+22%
(avg) sold price
20
-9%
homes sold
30
+100%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: FullBasement
Building
Building Area Total: 5474, Built in 1926, Storage: Basement, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType10, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7, UnitTypeType8, UnitTypeType9
Community
Community Features: AllLandscaping
Expenses
Operating Expense: $57,174
Exterior Features
Exterior Description: WoodSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: Baseboard, ForcedAir
Income
CAP Rate: 8.4, Gross Income: $128,940, Gross Rent Multiplier: 6.98, Net Operating Income: $75,611
Lot
Features: Level, Size Acres: 0.12, Size Range: SqFt5000to6999, Size Square Feet: 5,227, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: AnnualPropertyOperationData
Parking
Features: OnStreet
Property
Number Of Units Total: 11, Property Condition: Approximately, Zoning: R5
Roof
Roof: Composition
Security Features
Features: Entry
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $13,499, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $750, Area: 300, Units Total: 1, Units Total: 2, 1 total bathroom
Unit Two
Actual Rent: $1,395, Area: 413, Units Total: 1, 1 total bedroom
Unit Three
Actual Rent: $765, Area: 413, Units Total: 1, 1 total bedroom
Unit Four
Actual Rent: $785, Area: 413, Units Total: 1, 1 total bedroom
Unit Five
Actual Rent: $525, Area: 413, Units Total: 1, 1 total bedroom
Unit Six
Actual Rent: $795, Area: 300, Units Total: 1, 1 total bathroom
Unit Seven
Actual Rent: $845, Area: 400, Units Total: 1, 1 total bedroom
Unit Eight
Actual Rent: $795, Area: 375, Units Total: 1, 1 total bedroom
Unit Nine
Actual Rent: $995, Area: 700, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Ten
Actual Rent: $1,395, Area: 800, 1 total bathroom, 3 total bedroom
Utilities
Fuel Description: Electricity, Gas, Water Source: PublicWater
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Jamie Meushaw
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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.