5511 SE 87TH AVE Portland, OR97266

$475,000
2 total units
6 total bedrooms
4 total bathrooms
$36,540 annual income
Capitilization Rate: 3.96
2306 total sq. ft
3,000 to 4,999 SqFt
Elementary School: Lent
Middle School: Lent
High School: Franklin
Zoning: RM1
1289 days on market

VestorFilter™

Price per unit$237.5K/unit
Price per ft²$205.98/ft²
Price per acre$6.74M/ac
Price per bedroom$79.2K/bed
Time on market1289 days

Property Description

Awesome turn-key rental with rare garages for each unit. Newest lease is at $1,695/mo. Could make great owner/user property as well! Large 3BR/1.5BA units with gas fireplaces. Newer construction, low maintenance. High-efficiency gas furnaces in both units.

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Financial Data

Date Sold2020-11-24
Sold Price$475,000
Original Price$469,000
Current Price$475,000
Property Taxes$5,462

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Home Facts

StatusSold
Year Built1999
Stories2
Exterior Features
MLS ID20691233

Unit Details

Unit 1
Unit 2