2236 SE 89th Ave - Apartments FOR SALE


Portland, OR 97216
$675,000 USD
503-936-8682
2236 SE 89th Ave, Portland, OR for Sale
$675,000 USD
Apartments - FOR SALE
1/3
null | 5.66% Cap Rate

2236 SE 89th Ave
Portland, OR 97216


HIGHLIGHTS

  • Townhome style units
  • with attached garage
  • Desirable location

OVERVIEW

This is a fully rented 1997-built, townhouse-style Triplex on a low traffic flag lot.2 Bedrooms, 1 1/2 baths per unit each. Attached garages. Each unit has their own fenced backyard with private patio. New roof and well-maintained. Original-owner property is a solid income producer. In-place rents with additional upside. Super-convenient SE location.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$251 USD /SF

# OF UNITS

3

PRICE/UNIT

$225,000

CAP RATE

5.66%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SE Portland Triplex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1997

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,413 SF

ZONING

RM1

APN/PARCEL ID

R237839

ASK ABOUT THIS PROPERTY

Greg FoxHappy HomesMore Info
503-936-8682

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Greg FoxHappy HomesMore Info
503-936-8682

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