Very well cared for fourplex- lots of "new" including roof. Cap rate sits just above 6% with low operating expenses and low GRM! Actual Gross Income at $60k/yr. Rental logs and financials available upon request. Great location in Clackamas County with very low occupancy- current long term month to month tenants. All units have their own washer and dryer hookups, storage, parking, and yards! Make an offer on this great investment.
Off market
$974,300
7877 SE Stephanie Ct, Milwaukie, OR 97222
10beds
4,120sqft
MultiFamily
Built in 1977
-- sqft lot
$974,300 Zestimate®
$236/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Wall
Cooling
- None
Appliances
- Included: Dishwasher, Refrigerator
Features
- Storage, Disposal, Washer/Dryer Hookup, Unfurnished
- Basement: Crawl Space
Interior area
- Total interior livable area: 4,120 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport, Garage - Attached
- Details: Attached, Carport
Lot
- Size: 0.34 Acres
- Features: Level, Cul-de-Sac, Gated
Details
- Parcel number: 00110267
- Zoning: HDR
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1977
- Major remodel year: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Sewer Available, Trash Collection
Community & neighborhood
Location
- Region: Milwaukie
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- GarageYN: true
- AttachedGarageYN: true
- HeatingYN: true
- NumberOfUnitsTotal: 4
- CurrentFinancing: Conventional, FHA, Cash, Call Listing Agent, VA Loan
- Roof: Composition
- LotFeatures: Level, Cul-de-Sac, Gated
- NumberOfUnitsInCommunity: 4
- Utilities: Water Available, Sewer Available, Trash Collection
- Basement: Crawl Space
- YearBuiltEffective: 1977
- ParkingFeatures: Carport, Attached
- Zoning: HDR
- OtherParking: Attached, Carport
- InteriorFeatures: Storage, Disposal, Washer/Dryer Hookup, Unfurnished
- ExteriorFeatures: Individual Storage Units
- CapRate: 6.25
- OperatingExpense: 13871
- YearBuiltDetails: Approximately
- GrossIncome: 59520
Services availability
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Estimated market value
$974,300