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    5811 SE 88TH Ave

    Portland, OR 97266
    • $525,000
    • STATUS: Active
    • ON SITE: 15 days
    • MLS #: 21087607
    UPDATED: 25 min ago
    $525,000
    • 6
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,392
      SQFT
    • $219
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Convenient location, close to I-205 and shopping. Triplex with upside in rents. Opportunity to bring soon to be vacant unit up to market levels. Other tenants pay like clockwork.

    Monthly Payment Calculator



    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 2021-09-26T10:39:35.31.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/121339752
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    5811 SE 88TH Ave Portland, OR 97266

    • Price: $525,000
    • Status: Active
    • Updated: 25 min ago
    • MLS #: 21087607
    6
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,392
    SQFT
    $219
    $/SQFT
    1977
    Built
    Neighborhood:
    Lents
    County:
    Multnomah
    Area:
    143-Portland Southeast
    Elementary School:
    Kelly
    Middle School:
    Lane
    High School:
    Franklin
    Property Description
    Convenient location, close to I-205 and shopping. Triplex with upside in rents. Opportunity to bring soon to be vacant unit up to market levels. Other tenants pay like clockwork.
    Exterior Features

    Exterior Description Wood Siding Lot Description Level Lot Size 0K To 2999 Sqft Parking Features Paved Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement None Heating Description Baseboard Hot Water Description Electricity Unit Type1 Sq Ft 750 Unit Type2 Sq Ft 750 Unit Type3 Sq Ft 950

    Property Features

    Bank Owned YN No Capitalization Rate 4.49 Country Us Fuel Description Electricity Gross Income Actual 35220 Gross Income Projected 43020 Gross Rent Multiplier 14.91 Net Income Actual 23562 Net Income Projected 31176 Occupancy Types LeasedMonth To Month Operating Expenses Actual 11658 Operating Expenses Projected 11844 Property Condition Approximately Rent Includes Trash CollectionSewerWater Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage None Tax Amount 5488.49 Third Party Approval YN No Unit Type1 Rent 870 Unit Type1 Units Total 1 Unit Type2 Rent 870 Unit Type2 Units Total 1 Unit Type3 Rent 1195 Unit Type3 Units Total 1 Zoning R1

    Listing provided courtesy of Equity Pacific Real Estate Llc.


    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 2021-09-26T10:39:35.31.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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