Price reduced $20K Single level 4 plex & room to build more! Zoned RM1 room to add units. Long term tenants. A/C, gas, electric units, Washer/Dryers included w/2 units. 3 Refrigerators & stoves included. Laminate or wood flooring. 3 units updated. New 4 storage units, newer fenced yards and patios. All tenants due for Rent Increase. Write offers contingent on interior inspection. No Sign on property
Off market
$727,500
8930 SE Flavel St, Portland, OR 97266
2beds
1baths
3,264sqft
MultiFamily
Built in 1962
-- sqft lot
$727,500 Zestimate®
$223/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Washer
Features
- Individual Storage Units
- Flooring: Hardwood
- Basement: Crawl Space
Interior area
- Total interior livable area: 3,264 sqft
Property
Lot
- Features: Level, Near Public Transit
Details
- Zoning: RM1
Construction
Type & style
- Home type: MultiFamily
Condition
- Updated/Remodeled
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 989
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- FoundationDetails: Concrete Perimeter
- Heating: Forced Air
- RoadSurfaceType: Paved, Gravel
- Appliances: Dishwasher, Washer/Dryer, Gas Water Heater
- HeatingYN: true
- Utilities: Natural Gas Connected
- CoolingYN: true
- Flooring: Hardwood
- NumberOfUnitsTotal: 4
- LotFeatures: Level, Near Public Transit
- LeaseTerm: Month To Month
- Basement: Crawl Space
- Zoning: RM1
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Assigned, Open
- ConstructionMaterials: Cedar
- RentIncludes: Water, Sewer
- Cooling: Central Air, Air Conditioning
- OpenParkingYN: true
- PropertyCondition: Updated/Remodeled
- TotalActualRent: 989
- GrossScheduledIncome: 60000
- CapRate: 4.85
- MlsStatus: Pending
- InteriorFeatures: Individual Storage Units
- GrossIncome: 47472
- NetOperatingIncome: 30290
- OperatingExpense: 17182
- TaxAnnualAmount: 8832.01
- Road surface type: Paved, Gravel
Services availability
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Estimated market value
$727,500