These three home are being offered together as part of a 13-property, 43-unit residential portfolio that is 98% leased. Primarily located in Southeast and Northeast Portland, the portfolio is being sold via Sealed Bid Auction on June 3, 2026.All three homes and the vacant land are on a 27,352± Sq.… Read More Ft. tax lot. RM1 zoning could allow a duplex on the undeveloped portion of the property so new owner could expand rental income to five units. The small home has been renovated and is currently being used as an office by the Seller. Projected 2026 gross income is $34,860 and could be increased by $1,000± a month with leasing of home currently used as office. Real estate taxes are $8,388. Landlord is responsible for trash. Read Less
Listing courtesy of Realty Marketing / Northwest.
Listing Snapshot
Days Online
1
Last Updated
Lot Size
0.63 Acres
Year Built
1942
MLS Number
562739450
30 Days Snapshot Of 97266
$419k
+5%
(avg) sold price
32
+45%
homes sold
44
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1942, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense: $11,051
Exterior Features
Exterior Description: CementSiding, LapSiding
Heating
Heating: ForcedAir
Income
Gross Income: $34,860, Net Operating Income: $23,809
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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.
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