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Off market
  • $599,000

    320 SE 157th Ave, Portland, OR 97233

    6beds
    6baths
    2,540sqft
    MultiFamily
    Built in 1997
    -- sqft lot
    $599,000 Zestimate®
    $236/sqft
    $-- HOA

    What's special

    Great opportunity for owner occupant buyer or investor looking for low GRM. Light cosmetic updates needed, get great cashflow right off the bat with this townhouse style duplex. Tenant currently pays $1600 per month, unit 320 vacant. Light cosmetic updates needed. Numbers are based on full occupancy at current rent of occupied unit.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Heating
    • Forced air, Gas
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    • Laundry: Washer/Dryer Hookup
    Features
    • Flooring: Hardwood
    • Basement: Crawl Space
    Interior area
    • Total interior livable area: 2,540 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl
    Lot
    • Features: Level, Flag Lot
    Details
    • Zoning: R5

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Approximately
    • Year built: 1997

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Portland

    HOA & financial

    Other financial information
    • Total actual rent: 1600

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Heating: Forced Air
    • RoadSurfaceType: Paved
    • Zoning: R5
    • Appliances: Dishwasher, Refrigerator, Gas Water Heater, Range
    • GarageYN: true
    • HeatingYN: true
    • NumberOfUnitsTotal: 2
    • Utilities: Natural Gas Connected
    • Flooring: Hardwood
    • ConstructionMaterials: Vinyl Siding
    • LotFeatures: Level, Flag Lot
    • Basement: Crawl Space
    • FarmLandAreaUnits: Square Feet
    • ParkingFeatures: Storage, Garage
    • RentIncludes: Water, Sewer
    • OperatingExpense: 9600
    • GrossIncome: 38400
    • NetOperatingIncome: 28800
    • TotalActualRent: 1600
    • CapRate: 6.40
    • GrossScheduledIncome: 38400
    • LaundryFeatures: Washer/Dryer Hookup
    • MlsStatus: Pending
    • PropertyCondition: Approximately
    • Road surface type: Paved
    Services availability
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    Estimated market value

    $599,000