Homes for sale - 8128 NE BEECH ST, Portland, OR 97213

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Troy Fox

troy@troyfoxrealtor.com +1(503) 210-5474

Listed by MORE Realty • 971-645-6977

$849,900

Est. payment - /mo

3,984 SqFt

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UPDATED:

12/22/2024 01:40 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,984 sqft

Price per Sqft $213

Subdivision Madison South

MLS Listing ID 24345569

Year Built 1954

Annual Tax Amount $11,580

Tax Year 2024

Lot Size 5,227 Sqft

Property Description

This well-maintained 4-plex offers a solid 5.72% CAP Rate and a 12.21 GRM, with significant potential for financial growth. Minor cosmetic upgrades could unlock higher market rents, maximizing your returns. The property features a 5-year-old roof, minimizing immediate maintenance costs.Strategically located on a bus line, this property appeals to tenants seeking convenience, with restaurants, coffee shops, shopping, schools, and parks all within half a mile. One unit boasts private laundry, while the remaining three units share a well-equipped laundry room.A fantastic opportunity to capitalize on Portland's thriving rental market!

Location

State OR

County Multnomah

Area _142

Zoning RM1

Rooms

Basement Unfinished

Interior

Heating Wall Heater, Zoned

Exterior

Garage Spaces 1.0

View Territorial

Roof Type Shingle

Garage No

Building

Lot Description Corner Lot, Level

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Jason Lee

Middle Schools Roseway Heights

High Schools Leodis Mcdaniel

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Regional Multiple Listing Service (RMLS)

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 210-5474

troy@troyfoxrealtor.com

8128 NE BEECH ST Portland, OR 97213