Portland, 97206
5 Bed
3 Bath
3420 SqFt
32 DOM
Built: 1956
$780,000
$780000
5 Bed
3 Bath
3420 SqFt
32 DOM
Built: 1956
Open House
Principal Broker
(503) 893-8874Assumable FHA loan at 3.25% interest, buyer must apply to qualify. Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.6% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property and live in the non-conforming 3rd unit. DND Tenants.
Listing Provided Courtesy of Michael Kafoury, Urban Nest Realty
331659176
32 DOM
5
3
3420
1956
R2.5
Multnomah
R142608
Creston 7/10
Kellogg
Franklin 5/10
MultiFamily
CRESTON, BLOCK 1, S 5' OF LOT 7, LOT 8
Listing Provided Courtesy of Michael Kafoury, Urban Nest Realty
Krishna Realty data last checked: Jun 07, 2025 00:57 | Listing last modified Jun 06, 2025 13:06,
Source:
Sun, Jun 8th, 12PM to 2PM
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3420
5
3
Composition
Carport,OffStreet
1956
No
WoodSiding
FullBasement,PartiallyFinished
FullBasement,Partial
ConcretePerimeter
CentralAir
Electricity
ForcedAir
PublicSewer
Electricity
Gas
6700.1
0
None
Cash,Conventional,FHA,VALoan
05-05-2025
No
No
32
33
Cash,Conventional,FHA,VALoan
$780,000
$780,000
Jun 06, 2025 13:06
Listing courtesy of Urban Nest Realty.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Krishna Realty data last checked: Jun 07, 2025 00:57 | Listing last modified Jun 06, 2025 13:06.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Principal Broker
(503) 893-8874Assumable FHA loan at 3.25% interest, buyer must apply to qualify. Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.6% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property and live in the non-conforming 3rd unit. DND Tenants.
Download our Mobile app