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  • $1,350,000

    6836 SE 72nd Ave, Portland, OR 97206

    12beds
    7,176sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $1,349,200 Zestimate®
    $188/sqft
    $1,646 Estimated rent

    Owner options

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    $1,646/mo

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    $1,646/mo

    Rent Zestimate®

    Refinance and save

    $8,288/mo

    Est. payment

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    $8,288/mo

    Est. payment

    What's special

    Excellent investment opportunity in SE Portland garden-style complex. Up-and-coming area with many amenities nearby. 8 units (all 2bd 1 bth) plus detached, oversized garage formally rented separately. North building recently rebuilt - 4 units completely renovated, new kitchens with quartz countertops, stainless appliances and hardwood cabinetry, new bathrooms + hardwood floors. New roof, new electrical and new plumbing. Renovation fully permitted. Onsite laundry room and private storage cages for all units and private back patios. Paved parking in front for up to 10 vehicles plus gravel area in rear accessible from adjacent street. Large .55 acre lot offers potential to develop more units (buyer to verify). Note: actual income is low due to vacancy during construction, projected rent based on current income and market rate for the one vacant unit and vacant garage. A compelling blend of stability with upside.

    Zillow last checked: 7 hours ago

    Listing updated: March 04, 2024 at 12:29pm

    Listed by:

    Matthew Tackett 503-385-5585,

    Premiere Property Group, LLC

    Bought with:

    Susan Estes, 200204209

    RE/MAX Equity Group

    Source: RMLS (OR),MLS#: 23512443MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard
    Appliances
    • Included: Range, Refrigerator, Electric Water Heater
    • Laundry: Common Area
    Features
    • Storage
    • Flooring: Hardwood
    • Basement: Crawl Space
    Interior area
    • Total structure area: 7,176
    • Total interior livable area: 7,176 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Detached, Paved
    Lot
    • Features: On Busline, SqFt 20000 to Acres1
    Details
    • Parcel number: R168006
    • Zoning: RM1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • Restored
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Laundry
    Location
    • Region: Portland

    HOA & financial

    Other financial information
    • Total actual rent: 11098

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
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    Estimated market value
    $1,349,200