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Pending
  • Price cut: $15K (4/8)
    $560,000

    11050 NE Glisan St, Portland, OR 97220

    6beds
    2,424sqft
    : 
    Multi Family
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $231/sqft
    $-- HOA

    What's special

    Durable vinyl flooringHardwood floorsSpacious unitsNew back fence
    Prime investment opportunity! This triplex features three spacious units, each offering 2 bedrooms, 1 bathroom, and 808 sq. ft. of living space. The interiors boast hardwood floors in the main living areas and durable vinyl flooring in the kitchens and laundry rooms. Situated on a generous 0.28-acre lot, this property is zoned RM1, offering potential for additional units-Buyer to do own due diligence. All units are currently rented, with tenants expressing a desire to remain. The exterior is freshly painted and a new back fence installed was in summer 2024. Units 11052 and 11054 include all appliances (washer/dryer, fridge & range). Unit 11050 appliances are tenant-owned. Water, sewer, and waste removal included in rental income. Please Note: For the privacy of tenants, showings are available only with an accepted offer. Please do not walk the property or disturb the occupants. This is a fantastic opportunity for savvy investors seeking stable rental income with potential for growth.
    83 days
    on Zillow
    |
    55
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: April 11, 2025 at 06:21am

    Listed by:

    Kelly Hagglund 503-538-4531,

    The Kelly Group Real Estate,

    Alyssa Foster 503-621-8871,

    The Kelly Group Real Estate

    Source: RMLS (OR),MLS#: 392842930MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air
    Appliances
    • Included: Range, Refrigerator, Washer/Dryer, Gas Water Heater
    • Laundry: Washer Dryer Hookup
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 2,424
    • Total interior livable area: 2,424 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    Lot
    • Size: 0.28 Acres
    • Features: Level, SqFt 10000 to 14999
    Details
    • Parcel number: R161811
    • Zoning: RM1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Wood Siding
    • Roof: Composition
    Condition
    • Existing
    • Year built: 1960

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $231/sqft
    • Annual tax amount: $5,754
    • Date on market: 1/24/2025
    • Listing terms: Cash,Conventional
    • Total actual rent: 3380
    • Road surface type: Paved
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