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12638 SE Powell Blvd

Portland, OR 97236
  • $950,000
  • STATUS: Active
  • ON SITE: 143 Days
  • MLS #: 22130506
UPDATED: 45 min ago
$950,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Information

Elementary School:
Middle School:
High School:

Description

TRIPLEX Investment property located in SE Portland area undergoing rapid gentrification. Potential for additional units. Completed Powell Transportation Safety Project (new sidewalks, center turn, bike path, storm drains, lighting) Three long-term tenants. Key street access for potential large complex development of surrounding properties.

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Listing content is copyright © 2022 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 2022-07-05T05:39:21.51.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/125647013
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12638 SE Powell Blvd Portland, OR 97236

  • Price: $950,000
  • Status: Active
  • On Site: 143 Days
  • Updated: 45 min ago
  • MLS #: 22130506
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1979
Built
Neighborhood:
143-Portland Southeast
County:
Multnomah
Area:
143-Portland Southeast
Elementary School:
Pleasant Valley
Middle School:
Centennial
High School:
Centennial
Property Description
TRIPLEX Investment property located in SE Portland area undergoing rapid gentrification. Potential for additional units. Completed Powell Transportation Safety Project (new sidewalks, center turn, bike path, storm drains, lighting) Three long-term tenants. Key street access for potential large complex development of surrounding properties.
Exterior Features

Exterior Description T-111 Siding Lot Size 7000 To 9999 Sqft Parking Features Detached Roof Type Shingle View YN No Water Description Public Water

Interior Features

Heating Description Baseboard Hot Water Description Electricity Unit Features DishwasherRangeRefrigerator Unit Type1 Features DishwasherRangeRefrigerator Unit Type1 Sq Ft 850

Property Features

Bank Owned YN No Capitalization Rate 3.26 Country Us Fuel Description Electricity Gross Income Actual 37200 Gross Rent Multiplier 25.54 Net Income Actual 31000 Occupancy Types Month To Month Operating Expenses Actual 6200 Property Condition Existing Rent Includes Trash CollectionWater Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 5477.08 Third Party Approval YN No Unit Type1 Rent 1000 Unit Type1 Units Total 3 Zoning R2

Listing provided courtesy of Savvy Lane.


Listing content is copyright © 2022 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 2022-07-05T05:39:21.51.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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