8128 NE BEECH ST new Save Request In-Person Tour Request Virtual Tour
Portland,OR 97213
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,984 sqft
Price per Sqft $213
Subdivision Madison South
MLS Listing ID 24345569
Year Built 1954
Annual Tax Amount $11,580
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
This well-maintained 4-plex offers a solid 5.72% CAP Rate and a 12.21 GRM, with significant potential for financial growth. Minor cosmetic upgrades could unlock higher market rents, maximizing your returns. The property features a 5-year-old roof, minimizing immediate maintenance costs.Strategically located on a bus line, this property appeals to tenants seeking convenience, with restaurants, coffee shops, shopping, schools, and parks all within half a mile. One unit boasts private laundry, while the remaining three units share a well-equipped laundry room.A fantastic opportunity to capitalize on Portland's thriving rental market!
Location
State OR
County Multnomah
Area _142
Zoning RM1
Interior
Heating Wall Heater, Zoned
Exterior
Garage Spaces 1.0
View Territorial
Roof Type Shingle
Building
Lot Description Corner Lot, Level
Story 2
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Jason Lee
Middle Schools Roseway Heights
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA