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3509 SE 72nd Ave
Live here, earn here! Own a home that pays you back.
Listing Contacts
Active
Asking Price: $638,000
Address
3509 SE 72nd Ave, Portland, OR 97206
Show on MapDate Added
Nov 27, 2024
Days on Market
144 days
Time Since Last Update
18 days
Details
Property TypeMultifamily
SubtypeApartment Building
Square Footage2,442
Price/Sq Ft$266
Cap Rate6.07%
NOI$38,735
Units3
Year Built1977
ZoningRM 2
Lot Size (acres)0.12
Parking (spaces)3
APNR 253873
Price/Unit$212,666.67
Marketing Description
Live here, earn here! Own a home that pays you back. This property features a tri-plex in an excellent location, conveniently positioned on a bus line and just minutes from I-205. Please note that there is no sign or lockbox on the premises. Showings will be conducted only with an offer, and all units are currently occupied. We kindly ask that you do not disturb the tenants. Each unit within this tri-plex comprises two bedrooms and one bathroom. All units underwent updates in 2021, and kitchen enhancements. The front lower unit boasts refinished hardwood floors, a decorative rock fireplace, and a patio with a small yard. The property offers easy access to downtown Portland, shopping, and I-205. Prospective buyers are encouraged to verify all information. Please be advised that the trustee, Risa Davis, is a licensed Realtor in Oregon/. I’m sorry, this one won’t be able to do creative financing.
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$38,735.00
$3,227.92/mo
Valuation Metrics
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0
DSCR
6.07%
Cap Rate
6.07%
ROI
Property History
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Due Diligence
Listing Contacts
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