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Off market
  • $851,800

    646 SE 60th Ave, Portland, OR 97215

    --beds
    --baths
    5,474sqft
    Multi Family
    Built in 1926
    -- sqft lot
    $851,800 Zestimate®
    $156/sqft
    $2,145 Estimated rent

    Owner options

    List your home for rent

    $2,145/mo

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    $2,145/mo

    Rent Zestimate®

    Refinance and save

    $5,094/mo

    Est. payment

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    $5,094/mo

    Est. payment

    What's special

    This fully-occupied triplex in the desirable Mount Tabor neighborhood offers a unique income opportunity. In addition to three spacious residential units, the property includes 8 Single Room Occupancy (SRO) units, all 100% occupied, generating stable rental income. Located near scenic Mount Tabor Park, the property provides a perfect blend of natural beauty and urban convenience, just minutes from downtown Portland. The property qualifies for conventional financing, yet its income level is comparable to an 11 unit commercial investment, making it a versatile asset. With steady cash flow and an attractive location in one of Portland's most sought-after areas, this is an excellent opportunity for savvy investors looking to expand their portfolio. Seller is a licensed broker in Oregon. Do not disturb tenants. Call for financials

    Zillow last checked: 21 hours ago

    Source: NextHome,MLS#: 494169870MLS Logo

    Facts & features

    Interior

    Interior area
    • Total structure area: 5,474
    • Total interior livable area: 5,474 sqft

    Property

    Lot
    • Size: 5,227 sqft
    Details
    • Parcel number: R221952

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1926

    Community & neighborhood

    Location
    • Region: Portland
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    Estimated market value
    $851,800