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2322 SE 121ST Ave

Portland, OR 97216
  • $349,000
  • STATUS: Active
  • ON SITE: 158 Days
  • MLS #: 22309308
UPDATED: 37 min ago
$349,000
  • 4
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,520
    SQFT
  • $230
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Information

Elementary School:
Middle School:
High School:

Description

Value add fixer duplex on a oversize lot in SE Portland. The property consists of two 2 Bed / 1 bath units. Both have been updated on the interiors and have consistent tenant history. Situated on an .18 acre lot with RM2 zoning. This allows for medium density residential and has the potential to build additional units in the large backyards. Property to be sold as-is, seller to do no repairs.

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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 2022-07-06T01:39:42.91.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/125157789
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2322 SE 121ST Ave Portland, OR 97216

  • Price: $349,000
  • Status: Active
  • On Site: 158 Days
  • Updated: 37 min ago
  • MLS #: 22309308
4
Beds
2
Baths
0
½ Baths
N/A
Acres
1,520
SQFT
$230
$/SQFT
1953
Built
Neighborhood:
Mill Park
County:
Multnomah
Area:
143-Portland Southeast
Elementary School:
Mill Park
Middle School:
Floyd Light
High School:
David Douglas
Property Description
Value add fixer duplex on a oversize lot in SE Portland. The property consists of two 2 Bed / 1 bath units. Both have been updated on the interiors and have consistent tenant history. Situated on an .18 acre lot with RM2 zoning. This allows for medium density residential and has the potential to build additional units in the large backyards. Property to be sold as-is, seller to do no repairs.
Exterior Features

Exterior Description Other Lot Description Level Lot Size 7000 To 9999 Sqft Parking Features Assigned Roof Type Composition View Territorial View YN Yes Water Description Public Water

Interior Features

Basement Crawl Space Cooling Description Window Unit(S) Foundation Details Concrete Perimeter Heating Description Forced Air Hot Water Description Gas Unit Features DisposalMicrowaveRangeRefrigerator Unit Type1 Features DisposalMicrowaveRangeRefrigerator Unit Type1 Sq Ft 600 Unit Type2 Features DisposalMicrowaveRangeRefrigerator Unit Type2 Sq Ft 600

Property Features

Bank Owned YN No Capitalization Rate 5.18 Country Us Fuel Description Gas Gross Income Actual 27360 Gross Rent Multiplier 12.76 Net Income Actual 18093 Operating Expenses Actual 9267 Property Condition Updated/Remodeled Rent Includes Trash Collection Security Features None Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 3267.18 Third Party Approval YN No Unit Type1 Rent 895 Unit Type1 Units Total 1 Unit Type2 Rent 1295 Unit Type2 Units Total 1 Zoning Rm2

Listing provided courtesy of City And State Real Estate.


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 2022-07-06T01:39:42.91.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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