Portland, OR 97213,5108 NE GLISAN ST
Portland, OR 97213,5108 NE GLISAN ST
Portland, OR 97213,5108 NE GLISAN ST
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Listed by Windermere Realty Trust • 503-860-2805
$569,000
Est. payment /mo
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UPDATED:

12/22/2024 01:40 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24178076

Year Built 1884

Annual Tax Amount $5,187

Property Description

Amazing cashflow property. One of the best values in Portland urban core! This impeccably preserved 1884 duplex is a unique opportunity. The property lives like a home with an ADU in the basement. Professionally managed for a hassle-free experience, the duplex is strategically located across from Providence Hospital, Oregon's largest employer. Situated in a vibrant neighborhood with renowned restaurants, coffee shops, and excellent amenities, this property ensures both comfort and convenience. Key features include on-site laundry potential, off-street parking, and RM2 zoning for potential expansion. With a remarkable Cap Rate exceeding 7%, this property is not only a charming residence but also a smart investment. Don't miss the chance to own a piece of Portland's history with this versatile and lucrative property.

Location

State OR

County Multnomah

Area _142

Zoning RM2

Rooms

Basement Full Basement

Interior

Heating Forced Air

Exterior

Garage No

Building

Story 2

Foundation Block, Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Laurelhurst

Middle Schools Laurelhurst

High Schools Grant

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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5108 NE GLISAN ST