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1704 NE 81St Ave

Multifamily | 3.46% CAP | 2 Units

Listing Contacts

Active

Asking Price: $575,000
Address 

1704 NE 81st Ave, Portland, OR 97213

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Date Added
Nov 27, 2024
Days on Market
110 days
Time Since Last Update
110 days

Details

Property TypeMultifamily
SubtypeApartment Building
Square Footage1,560
Price/Sq Ft$369
Cap Rate3.46%
NOI$19,899
Units2
Year Built1962
ZoningRM 1
Lot Size (acres)0.12
Parking (spaces)2
APNR 194142

Marketing Description

Duplex next door 1630-1632 is being sold too! This duplex is situated in an excellent location.​ Each unit features two bedrooms and one bathroom, and both are currently occupied.​ The properties boast hardwood floors and quartz countertops in the kitchen.​ This prime location is in close proximity to a university, public transportation, and highway access, making it an attractive rental opportunity.​ Please refrain from disturbing the tenants.​ Listing agent Risa Davis is an Oregon licensed Realtor, and Trustee to property

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$19,899.00
$1,658.25/mo

Valuation Metrics

0
DSCR
3.46%
Cap Rate
3.46%
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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