Bought with Premiere Property Group, LLC
$525,000
$525,000
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2,404 SqFt
SOLD DATE : 07/06/2026
Key Details
Sold Price $525,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,404 sqft
Price per Sqft $218
Subdivision Wilkes
MLS Listing ID 696555526
Sold Date 07/06/26
Year Built 1996
Annual Tax Amount $7,733
Tax Year 2025
Lot Size 6,098 Sqft
Property Description
INVESTOR SPECIAL! Updated townhouse-style 1996 Duplex that actually pencils out! Selling at a 10.0 GRM and an estimated 6.0% cap rate, this is one of the most attractive investments in PDX. Desirable floorplan with open LR / DR / Kitchen / Utility / Half Bath on main level, with 2 Bedrooms and 2 Full Bathrooms upstairs. Each unit includes their own fenced yard space, attached garage and washer/dryer hookups. 100% occupied with rents scheduled to be $2,190 & $1,962/month. NEW ROOF IN 2025. NEW EXT PAINT IN 2026. Seller bills back water/sewer expense to tenants. HES = 8. https://us.greenbuildingregistry.com/green-homes/OR10241793.
Location
State OR
County Multnomah
Community Frontyardlandscaping
Area _142
Zoning RM1
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling Window Unit
Exterior
Garage Spaces 2.0
Community Features FrontYardLandscaping
Roof Type Composition,Shingle
Garage No
Building
Lot Description Cul_de_sac, Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Margaret Scott
Middle Schools H.B. Lee
High Schools Reynolds
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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