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Off market
  • $552,500

    1268 NE 162nd Ave, Portland, OR 97230

    6beds
    2,080sqft
    MultiFamily
    Built in 2000
    -- sqft lot
    $552,500 Zestimate®
    $266/sqft
    $2,111 Estimated rent

    Owner options

    List your home for rent

    $2,111/mo

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    $2,111/mo

    Rent Zestimate®

    Refinance and save

    $3,316/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $3,316/mo

    Est. payment

    What's special

    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

    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
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    Estimated market value
    $552,500