New roof with ice dam sheeting. Mini split heat pump proving air conditioning and efficient heat. Rent to be increased to $1100 on three unit and one being renovated will have $1050 rent with over 6% cap rate. Turn key fourplex. Outside of Portland city boundary for rent control. Easy to rent and maintain. Write offer subject to interior inspection. One unit being renovated can be shown by making appt with listing agent.
Off market
$650,300
17855 SE Division St, Portland, OR 97236
8beds
3,120sqft
MultiFamily
Built in 1977
-- sqft lot
$650,300 Zestimate®
$208/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Heat pump
Appliances
- Included: Dishwasher
Features
- Washer/Dryer Hookup, Air Conditioning
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,120 sqft
Property
Parking
- Total spaces: 12
- Details: Open
Lot
- Size: 0.34 Acres
- Features: Level, Near Public Transit
Details
- Zoning: CMF
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1977
- Major remodel year: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Sewer Available, Trash Collection, Landscaping
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- GarageYN: true
- HeatingYN: true
- CoolingYN: true
- NumberOfUnitsTotal: 4
- CurrentFinancing: Conventional, FHA, Cash, USDA Loan, FMHA Loan
- StoriesTotal: 1
- LotFeatures: Level, Near Public Transit
- NumberOfUnitsInCommunity: 4
- Utilities: Water Available, Sewer Available, Trash Collection, Landscaping
- YearBuiltEffective: 1977
- OpenParkingYN: true
- Zoning: CMF
- OperatingExpense: 9700
- GrossIncome: 48600
- InteriorFeatures: Washer/Dryer Hookup, Air Conditioning
- ParkingFeatures: Open
- Heating: Ductless
- OtherParking: Open
- GrossScheduledIncome: 50400
- CapRate: 6.09
- YearBuiltDetails: Remodeled
Services availability

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Estimated market value
$650,300