738 SE 148TH AVEPortland, OR97233
$1,250,000
8 total units
$118,896 annual income
Capitilization Rate: 6.42
7128 sq. ft
SqFt20000toAcres1
Elementary School: Patrick Lynch
Middle School: Centennial
High School: Centennial
Zoning: R3
1253 days on market
VestorFilter™
Price per unit$156.3K/unit
Price per ft²$175.36/ft²
Time on market1253 days
Property Description
Offers in hand...don’t.Solid investment opportunity w added value.Oversized .70 acre lot, zoned RMI. 8 units, 100% occupied, remodeled. Newer vinyl windows + sliders, bamboo floors, kitchen + bath fixtures, granite counters. Situated back + away from the road but easily accessible transit. Tenant + guest parking, shared laundry room w/extra income. Add additional value to this 8 plex now or in the future. Zoning allows for additional units to be built on the lot to maximize the assets potential.
{{ compliance-logo }}Listing Provided By Keller Williams PDX Central
Financial Data
Date Sold2021-02-10
Sold Price$1,275,000
Original Price$1,250,000
Current Price$1,250,000
Property Taxes$11,180
Find On Map
Home Facts
StatusSold
Year Built1979
Exterior Features
MLS ID20352391
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
Unit 6
Unit 7
