Listed by Berkshire Hathaway HomeServices NW
$999,900
8913 Se Rhone St
Details
APN R249256
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,722
Units 4
Cap Rate 5.82%
NOI $58,227
Year Built 1995
Stories 2
Acreage 0.310
Zoning R2
Multifamily | 5.82% CAP | 4 Units
Marketing description
4-plex in desirable SE Portland oering four spacious units, each approximately 930 square feet with 2 bedrooms and 2
full bathrooms. Two units are located on the main level with sliding doors to private patios and direct backyard access, while the
upper units feature covered decks with attached storage rooms. Two of the units are furnished, providing added exibility for
rental opportunities. Property oers ample paved parking with room for two vehicles per unit. Rents include sewer, water, and
garbage, simplifying management. Convenient access to I-205 allows for easy commuting throughout the Portland metro area.
One unit presents an opportunity for updates and added value. A solid investment opportunity with strong rental appeal and
functional layout.
Listing Contacts
Listed by Berkshire Hathaway HomeServices NW
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$58,227.00
$4,852.25/mo
Valuation Metrics
0
DSCR
5.82%
Cap Rate
5.82%
ROI
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