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5105 SE TIBBETTS ST
Portland, OR 97206
FOR
SALE
$825,000
For Sale
3,420
Sq.Ft.
0.13
Acres
MLS# 24287734
Cumulative Days on Market: 36 (since April 11th, 2024) Data provided by the MLS.

Property Details

Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5, 000 per month and $60, 000 gross revenue annually. Cap. rate at 5.4% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom / kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and / or take on your first investment property and live in the non-conforming 3rd unit. No Showings, please contact the listing agent for Open House information or questions. DND Tenants.

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Property Highlights

Price
$825,000
Property Type
Multi Family
Year Built
1956
Acres
0.13

Location

Area
_143
County
Multnomah
Subdivision
SOUTH TABOR
Zoning
R2.5

Property Details

Condition
Updated Remodeled
Price
$825,000
Property Type
Multi Family

Building

Total Area
3,420

Community

Community Features
Laundry

Local Schools

Elementary School
Creston
High School
Franklin
Middle School
Kellogg

Interior Features

Rooms and Basement

Basement Features
Full Basement, Partially Finished, Separate Living Quarters Apartment Aux Living Unit

Area and Spaces

Number of Units
3

Heating and Cooling

Heating Features
Forced Air

Building Details

Construction

Foundation
Concrete Perimeter
Year Built
1956

Materials

Roof
Composition

Terms

Terms

Special Terms
Cash, Conventional, FHA, VALoan

Taxes

Tax

Tax (Annual)
$6,443

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Sewer
Public Sewer
Water Source
Public Water

Lot

Acres
0.13
Lot Features
Corner Lot, Level
Lot Size Area Sq Ft
5,662

Parking

Parking Features
Driveway, Off Street
Total Parking Spaces
3
Listed by Urban Nest Realty.
Listing Data last updated 05/17/2024 01:00 PM
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 18-May-2024 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by open source mortgage calculation software tools using common mathematical formulas. Copyright © 2024 Buying Buddy. All calculations should be independantly verified.
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Property History

25 days ago
Property information last updated
36 days ago
Status Active. This is the date the listing was placed on market.
37 days ago
Date Sold
NOTE: Cumulative Days on Market: 36. Data provided by the MLS.

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All information provided is deemed reliable but is not guaranteed and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Realestatepdx.com are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS™, Portland, Oregon.
This content last updated on 05/17/2024 01:00 PM 5.00 AM PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Listing Data last updated: 05/17/2024 01:00 PM
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