Excellent investment opportunity or owner-occupied duplex, meticulously maintained & managed. Each unit offers covered parking & in unit W/D. Unit 11897 has 2 bedroom/1.5 bath at 995 sq. ft. w/patio, balcony & laminate flooring (2016). Unit 11899 is vacant and ready for new tenants or house hack. Projected rent of $1300 and is 655 sq ft, 1 bedroom, 1 bath with new paint and carpet. Future cap rate is 6% once lower unit is rented.
Sold
$427,200
11897 SE Pine St, Portland, OR 97216
3beds
1,650sqft
Multi Family
Built in 2005
-- sqft lot
$427,200 Zestimate®
$259/sqft
$1,813 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 05, 2022 at 01:18am
Listed by:
Sarah Beth d'Avignon 503-998-6739,
Redfin
Bought with:
Jamohl DeWald, 201213023
Realty One Group Prestige
Source: RMLS (OR),MLS#: 22466448
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
Heating
- Wall Furnace
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater
Features
- Basement: Exterior Entry,Finished
Interior area
- Total structure area: 1,650
- Total interior livable area: 1,650 sqft
Property
Parking
- Parking features: Carport, Detached
- Has carport: Yes
Features
- Stories: 3
Lot
- Features: Corner Lot, SqFt 0K to 2999
Details
- Parcel number: R557005
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Existing
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Unknown
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 1600
Other
Other facts
- Listing terms: Call Listing Agent,Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
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Estimated market value
$427,200