203 NE 162ND AVEPortland, OR97230

$495,000
2 total units
$40,800 annual income
Capitilization Rate: 6.06
1866 sq. ft
SqFt7000to9999
Elementary School: Glenfair
High School: Reynolds
Zoning: Resid
414 days on market

VestorFilter™

Price per unit$247.5K/unit
Price per ft²$265.27/ft²
Time on market414 days

Property Description

One of the best opportunities to offset your mortgage payment within income from a clean rental unit next door. Both units are spacious with open floor plans and private back yards that make these feel like single family homes. No expense was spared with this building including a new roof, energy efficient windows, updated kitchen w/ SS appliances, quartz counters, LVP flooring, doors, trim, fixtures, fresh paint and more.

{{ compliance-logo }}Listing Provided By eXp Realty LLC

Financial Data

Date Sold2023-04-28
Sold Price$506,000
Original Price$495,000
Current Price$495,000
Property Taxes$3,583

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Home Facts

StatusSold
Year Built1963
Stories1
Exterior Features
Garage
MLS ID23632062

Unit Details

Unit 1
Unit 2