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  • $351,000

    8535 SE 70th Ave, Portland, OR 97206

    1beds
    1baths
    650sqft
    MultiFamily
    Built in 1970
    -- sqft lot
    $351,000 Zestimate®
    $540/sqft
    $1,459 Estimated rent

    What's special

    Located at the corner of SE 70th and Clatsop, this fully occupied duplex backs to Clatsop Park and is covenant to shopping and public transportation. The 8535-unit has been completely remodeled with updated kitchen, bath and floor coverings. The 8537-unit has a long-term tenant and has been continuously occupied since 4/2007. The huge, 950sq (aprox) shop is separately metered for electric and offers a variety of uses for additional income. Additional boat/RV parking is also available on the 8220sq lot. Income 8535 - $495 (6-mo lease)8537 - $495 (M-to-M)Shop - $200 (owner-occ)Scheduled Gross Annual Income - $14,280 Repair/Maintenance/Utility Expense - $1,453Taxes - $2316Insurance - $600 (est.) Gross Annual Expense - $4,369GRM 12.25 *GAE excludes Capital & Management expense

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Interior area
    • Total interior livable area: 650 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1970

    Community & neighborhood

    Location
    • Region: Portland
    Services availability
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    Estimated market value

    $351,000