3731 NE 82ND AVE

Portland, 97220

  • 4 Bed

  • 2 Bath

  • 900 SqFt

  • 1 DOM

  • Built: 1978

  • Status: Active

$499,000

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3731 NE 82ND AVE

Portland 97220

$499000

  • 4 Bed

  • 2 Bath

  • 900 SqFt

  • 1 DOM

  • Built: 1978

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

ATTN: Househackers! Here's a great spot to build equity with this duplex at the corner of upper Sandy and 82nd. Long term tenants under market value rent, on month-to-month tenancy. Rental comps come in at $1900 per month, per side. Cap rate with market value rents comes in at 6.27%. Tenants pay utilities. Quick access to 205, commuting, great eats, and forest bathing in the Grotto. Mirroring layouts for units. This area sits near the cultural energy of the Jade District—one of Portland’s most diverse and entrepreneurial districts. Live in one side and stabilize your costs, rent both units later, hold as a long-term investment, or leverage appreciation as the corridor evolves.

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