11950 SE KELLY ST Portland, OR97266

$500,000
2 total units
6 total bedrooms
2 total bathrooms
$40,980 annual income
Capitilization Rate: 6.54
1886 total sq. ft
10,000 to 14,999 SqFt
Elementary School: W Powellhurst
Middle School: Alice Ott
High School: David Douglas
Zoning: R5
1133 days on market

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Price per unit$250K/unit
Price per ft²$265.11/ft²
Price per acre$2.13M/ac
Price per bedroom$83.3K/bed
Time on market1133 days

Property Description

Great investment opportunity! Tenant occupied duplex in quit neighborhood. Laminate flooring throughout. Newer paint. Both units have private yards. Close to Kelly Butte Park, shopping and transit. New vinyl windows being installed. Tenants pay water and sewer which are separately metered. In 90 days rents will increase to $1,720 and $1,695.

{{ compliance-logo }}Listing Provided By Pacific Realty Northwest LLC

Financial Data

Date Sold2021-04-19
Sold Price$500,000
Original Price$500,000
Current Price$500,000
Property Taxes$4,547

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Home Facts

StatusSold
Year Built1982
Stories1
Green/Energy SupplementYes
Home Energy Score8
Exterior Features
MLS ID21012104

Unit Details

Unit 1
Unit 2