15540 NE Couch St - Apartments FOR SALE


Portland, OR 97230- Glenfair
$499,000 USD
360-931-5667
15540 NE Couch St, Portland, OR for Sale
$499,000 USD
Apartments - FOR SALE
1/27
null | 6.47% Cap Rate

15540 NE Couch St
Portland, OR 97230
Glenfair


HIGHLIGHTS

  • ONE LEVEL DUPLEX
  • 100% OCCUPIED
  • ATTACHED 1 CAR GARAGE

OVERVIEW

Great Investment Opportunity – Duplex Near Glenfair Park!Well-maintained duplex featuring one 3-bedroom, 2-bath unit and one 2-bedroom, 1.5-bath unit — both with fireplaces, washer/dryer hookups, and attached 1-car garages plus additional off-street parking. The property has a south-facing yard and sits in a desirable location near Glenfair Park.Each unit offers upgraded interiors and long-term tenants in place, providing immediate rental income. Current rents are $1,600 and $1,525 per month. Showings are available only after mutual acceptance. Buyer to obtain and honor existing one-year leases. Don’t miss this solid, income-producing property — a great addition to your investment portfolio!

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$270 USD /SF

# OF UNITS

2

PRICE/UNIT

$249,500

CAP RATE

6.47%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

15540-15542 NE COUCH ST PORTLAND OR 97236

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

1

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM1

APN/PARCEL ID

R158295

ASK ABOUT THIS PROPERTY

Meiya LuoColdwell Banker BainMore Info
360-931-5667

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Meiya LuoColdwell Banker BainMore Info
360-931-5667

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.