This is a sleeper deal! So cute inside!! 2br/2 Full bath And 1br/ 1 Full bath.Enjoy a great outdoor space, RV parking, tiny houses, ADUs? Live in one side and rent the other on this large lot! Perfect first time home owner/ investor deal. Lenders can use 75% of rented side unit toward your buyers' qualifying income, no previous landlord exp. necessary! Garage could be turned into another bedroom. Per portland Maps: 2-4 UNIT MULTI-FAMILY so maybe development potential? Buyer to do due diligence.
Off market
Price Unknown
12314 SE Tibbetts St, Portland, OR 97236
3beds
3baths
1,275sqft
MultiFamily
Built in 1948
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Wall, Gas
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
Features
- Locked Storage
Interior area
- Total interior livable area: 1,275 sqft
Property
Features
- Exterior features: Wood
Details
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Metal
Condition
- Updated/Remodeled
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Wireless
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 995
Other
Other facts
- Roof: Metal
- Sewer: Public Sewer
- WaterSource: Public
- RoadSurfaceType: Paved
- Appliances: Dishwasher, Refrigerator, Washer/Dryer, Electric Water Heater, Range
- GarageYN: true
- HeatingYN: true
- NumberOfUnitsTotal: 2
- Utilities: Natural Gas Connected, Wireless
- FoundationDetails: Slab
- LeaseTerm: Month To Month
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Storage, Garage, RV Access/Parking
- RentIncludes: Water, Sewer, Trash Collection
- Zoning: RM2
- PropertyCondition: Updated/Remodeled
- GrossIncome: 11940
- OperatingExpense: 3300
- Heating: Wall Furnace
- TotalActualRent: 995
- CapRate: 2.40
- ConstructionMaterials: Plywood
- GrossScheduledIncome: 27500
- InteriorFeatures: Locked Storage
- MlsStatus: Pending
- NetOperatingIncome: 8640
- Road surface type: Paved