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    11897 SE Pine St

    Portland, OR 97216
    • $449,900
    • STATUS: Active
    • ON SITE: 24 days
    • MLS #: 21330955
    $449,900
    • 3
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2005
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Excellent investment opportunity or owner-occupied duplex, meticulously maintained & managed. Each unit offers covered parking & in unit w/D. Unit 11897 has 2 bedroom/1.5 bath at 995 sq. ft. w/patio, balcony & laminate flooring (installed 2016). Unit 11899 is 655 sq ft, 1 bedroom, 1 bath, very cute W/below market rent due to long-term tenant(s). Blocks to MAX, Ventura Park & close to freeway/airport. Low maintenance, great rental history & excellent tenants, please do not disturb tenants

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    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-09-26T23:40:20.623.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
    www.nexthomepdx.com/homes/121047758
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    11897 SE Pine St Portland, OR 97216

    • Price: $449,900
    • Status: Active
    • MLS #: 21330955
    3
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    2005
    Built
    Neighborhood:
    143-Portland Southeast
    County:
    Multnomah
    Area:
    143-Portland Southeast
    Elementary School:
    Ventura Park
    Middle School:
    Floyd Light
    High School:
    David Douglas
    Property Description
    Excellent investment opportunity or owner-occupied duplex, meticulously maintained & managed. Each unit offers covered parking & in unit w/D. Unit 11897 has 2 bedroom/1.5 bath at 995 sq. ft. w/patio, balcony & laminate flooring (installed 2016). Unit 11899 is 655 sq ft, 1 bedroom, 1 bath, very cute W/below market rent due to long-term tenant(s). Blocks to MAX, Ventura Park & close to freeway/airport. Low maintenance, great rental history & excellent tenants, please do not disturb tenants
    Exterior Features

    Exterior Description Vinyl Siding Lot Size 0K To 2999 Sqft Parking Features CarportDetached View YN No Water Description Public

    Interior Features

    Basement FinishedExterior Entry Heating Description Wall Furnace Hot Water Description Electricity Unit Features DishwasherRangeRefrigeratorWasher/Dryer Unit Type1 Features DishwasherRangeRefrigeratorWasher/Dryer Unit Type1 Sq Ft 960 Unit Type2 Features DishwasherRangeRefrigeratorWasher/Dryer Unit Type2 Sq Ft 690

    Property Features

    Bank Owned YN No Capitalization Rate 4.00 Country Us Fuel Description Electricity Gross Income Actual 25800 Gross Income Projected 29400 Gross Rent Multiplier 17.44 Net Income Actual 17983 Occupancy Types LeasedMonth To Month Operating Expenses Actual 7817 Property Condition Existing Rent Includes Trash CollectionMaintenance Grounds Security Features Unknown Sewer Description Public Sewer Short Sale YN No Tax Amount 4001.55 Third Party Approval YN No Unit Type1 Rent 1295 Unit Type1 Units Total 1 Unit Type2 Rent 750 Unit Type2 Units Total 1 Zoning R1

    Listing provided courtesy of Redfin.


    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-09-26T23:40:20.623.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
     
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