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2309 SE 90th Ave

Multifamily | 5.94% CAP

Listing Contacts

Active

Asking Price: $1,295,000
Address 

2309 SE 90th Ave, Portland, OR 97216

Show on Map
Date Added
Nov 27, 2024
Days on Market
119 days
Time Since Last Update
119 days

Details

Property TypeMultifamily
SubtypeApartment Building
Cap Rate5.94%
NOI$76,931
Year Built1996
ZoningR-1
Lot Size (acres)0.34
Parking (spaces)4
APNR 106037

Marketing Description

Please do no disturb tenants.​ Multi-dwelling property dream! Spacious 1925 Montavilla Bungalow with a tri-plex in the back.​ The cozy bungalow boasts 2 bedrooms, 1 bathroom, and a unfinished basement awaiting its makeover magic! Each unit in the tri-plex offers three bedrooms and two and a half bathrooms.​ Discover the investment potential that this property holds.​ Listing agent Risa Davis is an Oregon Licensed realtor and the Trustee to the property.​ 

Investment Highlights

  • ​Lot Size Range: Sq Ft 10000 To 14999
  • ​Annual Tax Amount: 15029.01000000
  • ​Source Listing Status: Active
  • ​County: Multnomah
  • ​Cap Rate: 5.94
  • ​Directions: DIVISION TO SE 90 TH
  • ​Tax Year: 2023
  • ​Source Property Type: Multi Family
  • ​Source Neighborhood: MONTAVILLA
  • ​Parcel Number: R 106037
  • ​Subdivision: MONTAVILLA
  • ​Zoning: R-1
  • ​Source System Name: C 2 C
  • ​Net Operating Income: 76931
  • ​Operating Expense: 20249

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$76,931.00
$6,410.92/mo

Valuation Metrics

0
DSCR
5.94%
Cap Rate
5.94%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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