2431 SE 141ST AVE

Portland, 97233

  • 9 Bed

  • 8 Bath

  • 4516 SqFt

  • 173 DOM

  • Built: 1998

  • Status: Active

$949,000

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2431 SE 141ST AVE

Portland 97233

$949000

  • 9 Bed

  • 8 Bath

  • 4516 SqFt

  • 173 DOM

  • Built: 1998

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Projected CAP Rate for 2024 is 5.63% Excellent opportunity for investor or owner occupied investor. This well built 1998 4Plex has been meticulously maintained for years. Unit #1 is located (eastside) above the 3 garages with additional assigned parking for each unit. Units #2 and #3 are two levels. Unit #4 is one level built to 1998 ADA standards. There is huge upside potential for increased rent rates to maximize net operating profit and create a possible cap rate of over 7%. No sign on property. Please do not disturb tenants.

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