Well maintained triplex in Madison Place Townhomes complex with onsite management. Great rental history. Each unit includes garage. 4th garage is leased separately and tenants reimburse for utilities. 8423 NE Russell also for sale.$409.66 monthly HOA includes full service management that handles all leasing, turnover, marketing, landscaping, water/sewer & trash. All units w/fireplace, dishwasher+washer/dryer. Interior photos from different unit w/ same layout.
Off market
$685,300
8431 NE Russell St, Portland, OR 97220
6beds
9baths
2,904sqft
MultiFamily
Built in 2000
-- sqft lot
$685,300 Zestimate®
$236/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 9
Heating
- Forced air, Electric
Appliances
- Included: Dishwasher, Dryer, Washer
Features
- Basement: Crawl Space
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,904 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Patio & porch: Deck
- Exterior features: Vinyl
Lot
- Size: 5,400 sqft
Details
- Parcel number: R211201
- 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: 4150
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- RoadSurfaceType: Paved
- Appliances: Dishwasher, Washer/Dryer, Electric Water Heater
- FireplaceYN: true
- GarageYN: true
- AttachedGarageYN: true
- HeatingYN: true
- PatioAndPorchFeatures: Deck
- Utilities: Electricity Connected
- Heating: Zoned
- NumberOfUnitsTotal: 3
- ConstructionMaterials: Vinyl Siding
- Roof: Composition
- Basement: Crawl Space
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Storage, Attached, Garage
- RentIncludes: Water, Sewer, Trash Collection
- Zoning: RM2
- CapRate: 5.07
- TotalActualRent: 4150
- MlsStatus: Active
- SecurityFeatures: Sidewalk
- GrossIncome: 51897
- GrossScheduledIncome: 52936
- OperatingExpense: 21703
- NetOperatingIncome: 30194
- Road surface type: Paved
Services availability

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Estimated market value
$685,300