Well maintained triplex in Madison Place Townhomes complex with onsite management. Great rental history. Each unit includes garage. A 4th garage is leased separately and tenants reimburse for utilities. 8431 NE Russell also for sale.HOA fee of $409.66 monthly includes full service onsite management that handles all leasing, turnover, marketing, landscaping, water/sewer & trash. Interior photos from similar unit. Sq ft of units estimated.
Off market
$671,500
8423 NE Russell St, Portland, OR 97220
6beds
5baths
2,904sqft
MultiFamily
Built in 2000
-- sqft lot
$671,500 Zestimate®
$231/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating
- Forced air, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
Features
- Basement: Crawl Space
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,904 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Vinyl
Lot
- Size: 5,400 sqft
Details
- Parcel number: R211202
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Security
- Security features: Sidewalk
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 4120
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- RoadSurfaceType: Paved
- Appliances: Dishwasher, Refrigerator, Washer/Dryer, Electric Water Heater, Range
- GarageYN: true
- HeatingYN: true
- Utilities: Electricity Connected
- Heating: Zoned
- NumberOfUnitsTotal: 3
- ConstructionMaterials: Vinyl Siding
- Roof: Composition
- Basement: Crawl Space
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Storage, Assigned, Garage
- RentIncludes: Water, Sewer, Trash Collection
- Zoning: RM2
- CapRate: 4.98
- OperatingExpense: 21715
- TotalActualRent: 4120
- MlsStatus: Active
- SecurityFeatures: Sidewalk
- GrossIncome: 51321
- GrossScheduledIncome: 52348
- NetOperatingIncome: 29606
- Road surface type: Paved
Services availability
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Estimated market value
$671,500