3506 SE 119TH AVEPortland, OR97266

$409,000
2 total units
$34,587 annual income
Capitilization Rate: 5.09
1790 sq. ft
SqFt5000to6999
Elementary School: W Powellhurst
Middle School: Ron Russell
High School: David Douglas
Zoning: R1
1066 days on market

VestorFilter™

Price per unit$204.5K/unit
Price per ft²$228.49/ft²
Recent price drop$10,900
Time on market1066 days

Property Description

Turnkey rental property. 3 Bedroom home + legal basement studio ADU in Powellhurst neighborhood. Great rents, well maintained. Easy addition to your portfolio or excellent entry into rental property ownership. Owner pays water and gas. Nearby transportation hubs, Lents, 205 and more. Please do not disturb tenants.

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Financial Data

Date Sold2021-11-15
Sold Price$400,000
Price ChangeDropped $10,900 on 04/26/2023
Total $26,000 drop
Original Price$435,000
Current Price$409,000
Property Taxes$4,351

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Home Facts

StatusSold
Year Built1947
Stories2
Exterior Features
MLS ID21575290

Unit Details

Unit 1
Unit 2