Seize this exceptional investment opportunity quickly! Presenting a one-level duplex designed to provide the privacy and ambiance of two distinct homes. Each unit is meticulously maintained, featuring its own garage and secluded yard. Relish the expansive, fully-fenced front and back yards, perfect for relaxation and play. Conveniently located within walking distance to a park. Both units are on a month-to-month lease, collectively generating $4,200 in monthly rental income. This is a well-established rental property in superb condition, ideal for those seeking a rewarding investment. Notably, one unit boasts a large front pool, adding a unique appeal. Additionally, there's ample space for parking boats or RVs. A must-see for any discerning investor! Cap rate is 6!! Address is 5405-5407 SE 120th Ave [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10200947]
Sold
$660,000
5405 SE 120th Ave, Portland, OR 97266
4beds
1,510sqft
Multi Family
Built in 1965
-- sqft lot
$655,900 Zestimate®
$437/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: April 05, 2024 at 05:17am
Listed by:
Lorna Murray 503-680-1221,
RE/MAX Equity Group
Bought with:
Joel Camara, 201233162
Opt
Source: RMLS (OR),MLS#: 23154699

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Ceiling
Appliances
- Included: Dishwasher, Range, Refrigerator
Interior area
- Total structure area: 1,510
- Total interior livable area: 1,510 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, RV Access/Parking
- Has garage: Yes
Lot
- Features: Level, SqFt 7000 to 9999
Details
- Parcel number: R335664
- Zoning: RM1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Approximately
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 4200
Other
Other facts
- Listing terms: Cash,Conventional,FHA
- Road surface type: Paved
Services availability

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Estimated market value
$655,900