Excellent opportunity on this close-in, fully-occupied upgraded duplex with zoning potential for ADDITIONAL UNITS! One of the few duplexes on the East side with a view and room to grow. New windows, flooring, deck, paint, fence and upgraded interiors make this desirable duplex easy to rent. Nearby shopping, bus lines, freeway access and bars/pubs. Great purchase as an investor or owner occupant. Do Not Disturb Tenants. Call today for additional details.
Off market
$552,300
405 NE 62nd Ave, Portland, OR 97213
4beds
2baths
1,632sqft
MultiFamily
Built in 1965
-- sqft lot
$552,300 Zestimate®
$338/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced air, Electric
Appliances
- Included: Dryer, Refrigerator, Washer
Features
- Windows: Window Coverings
- Basement: Partial, Dirt Floor, Exterior Entry, Storage Space
Interior area
- Total interior livable area: 1,632 sqft
Property
Features
- Patio & porch: Deck
- Exterior features: Wood, Brick
- Has view: Yes
- View description: City
Lot
- Features: Views, Gentle Sloping
Details
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Approximately
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 3035
Other
Other facts
- ViewYN: true
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Forced Air
- Appliances: Refrigerator, Washer/Dryer, Electric Water Heater
- HeatingYN: true
- NumberOfUnitsTotal: 2
- PatioAndPorchFeatures: Deck
- Utilities: Electricity Connected
- Basement: Partial, Dirt Floor, Exterior Entry, Storage Space
- ConstructionMaterials: Wood Siding, Brick
- Roof: Composition
- LeaseTerm: Month To Month
- FarmLandAreaUnits: Square Feet
- RentIncludes: Water, Sewer, Trash Collection
- Zoning: RM2
- WindowFeatures: Window Coverings
- OpenParkingYN: true
- LotFeatures: Views, Gentle Sloping
- ParkingFeatures: Open
- CapRate: 4.68
- View: City
- TotalActualRent: 3035
- MlsStatus: Pending
- PropertyCondition: Approximately
- GrossIncome: 35200
- GrossScheduledIncome: 37440
- NetOperatingIncome: 28060
- OperatingExpense: 7140
- TaxAnnualAmount: 4520.16
Services availability
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Estimated market value
$552,300