225 NE 76TH AVE, Portland, OR 97213

$524,500
List Price
$524,500
Days on Market
4
MLS#
21305738
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Northeast
Status
Pending

Property Description

Lovely renovated duplex in the heart of Montavilla, with WalkScore 87 and BikeScore 98! Upstairs unit is one bedroom plus office/nursery, spacious living room and walk-in closet. Downstairs unit is 3 bedrooms plus bonus room and 2 full baths. Backyard has privacy fencing and raised beds. All 3 bathrooms and both kitchens have been renovated with new tile and cabinetry. Have NEVER had a vacancy or missed payment, even during COVID. Seller is licensed OR real estate broker.

Additional Information

Tax Amount
$4,163
Year Built
1923
High School
Leodis Mcdaniel
Elementary School
Vestal
Middle School
Roseway Heights
Stories
3
Subdivision
Montavilla
Terms
Cash, Conventional, FHA, VA Loan
Cooling Description
None
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Cement Siding
Roof Type
Flat
Sewer Description
Public Sewer
Water Description
Public
Cumulative Days On Market
4
Sq Ft Approximate Building Total
2142
Capitalization Rate
6.25
Operating Expenses Actual
5300
Gross Income Actual
35160
Gross Rent Multiplier
14.92
Net Income Actual
32760
Occupancy Types
Month To Month
Covenants/Restrictions
No
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
1885
Unit Type One Sq Ft
1428
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
1065
Unit Type Two Sq Ft
710
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of MORE Realty.

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