1630 NE 81St Ave
Multifamily | 2.91% CAP | 2 Units
Listing Contacts
Active
Asking Price: $550,000
Address
1630 NE 81st Ave, Portland, OR 97213
Show on MapDate Added
Nov 27, 2024
Days on Market
114 days
Time Since Last Update
114 days
Details
Property TypeMultifamily
SubtypeApartment Building
Square Footage1,560
Price/Sq Ft$353
Cap Rate2.91%
NOI$16,028
Units2
Year Built1962
Stories1
ZoningRM 1
Lot Size (acres)0.12
Parking (spaces)2
APNR 194141
Marketing Description
Duplex next door is being sold too! This duplex is situated in an excellent location. Each unit features two bedrooms and one bathroom. Unit 1630 is currently occupied by a long-term renter, while Unit 1632 boasts hardwood floors and quartz countertops in the kitchen. The property is conveniently located near a university, public transportation, and highway access, enhancing its rental appeal. Please refrain from disturbing the tenants. Please write offer subject to inspection. Listing agent Risa Davis is an Oregon licensed Realtor, and Trustee to property.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$16,028.00
$1,335.67/mo
Valuation Metrics
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0
DSCR
2.91%
Cap Rate
2.91%
ROI
Due Diligence
Listing Contacts
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