Owner is licensed agent in OR, showings by appt only, do not disturb tenants! Large 3 bed 1.5 bath units bring top dollar. Upstairs unit has vaulted ceilings. Both units have laundry. Tenant pays electricity. Open great room layout. Housing assistance with solid long term tenants makes this a low maintenance and easy to manage property. Do not disturb tenants! The best CAP rate on the market! 6.28 with room to improve by implementing RUBS
Off market
$562,900
1268 NE 162nd Ave, Portland, OR 97230
6beds
2,080sqft
MultiFamily
Built in 2000
-- sqft lot
$562,900 Zestimate®
$271/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced air
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
Features
- Dishwasher, Refrigerator, Range, Washer/Dryer
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,080 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
Features
- Exterior features: Wood
Lot
- Size: 10,052 sqft
- Features: Level, Private, Many Trees
Details
- Parcel number: R240198
- Zoning: LDR7
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 2000
- Major remodel year: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- FoundationDetails: Concrete Perimeter
- RoadSurfaceType: Paved
- ExteriorFeatures: Deck, Individual Storage Units, Locked
- HeatingYN: true
- NumberOfUnitsTotal: 2
- CurrentFinancing: Conventional, FHA, Cash
- Roof: Composition
- StoriesTotal: 2
- NumberOfUnitsInCommunity: 2
- LotFeatures: Level, Private, Many Trees
- ParkingFeatures: Carport, Paved
- YearBuiltEffective: 2000
- Zoning: LDR7
- InteriorFeatures: Dishwasher, Refrigerator, Range, Washer/Dryer
- GrossScheduledIncome: 39600
- CapRate: 6.43
- GrossIncome: 37320
- CoListAgentEmail: erin@jrprop.net
- CoListAgentFullName: Erin Jameson Maher
- MlsStatus: Active
- OperatingExpense: 6570
- Road surface type: Paved
Services availability

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Estimated market value
$562,900