2405 NE 88TH AVE Pending

Portland,OR 97220

$ 500000

- Bed

- Bath

1230 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 1,230 sqft

Price per Sqft $406

MLS Listing ID 24543152

Year Built 1953

Annual Tax Amount $4,589

Property Description

MUST SEE THIS UNIQUE VERSATILE INVESTMENT OPPORTUNITY!! Multigenerational?? Here' a breakdown: Main Home-720 sq ft, features 2 bedroom, 1 bathroom. Currently rented for $1,695/month. ADU-506 sq ft studio apartment with 1 bathroom and a Murphy bed. Rented for $1,150/month. TOTAL OF 1230 sq ft! Tiny House is an additional unit available for purchase alongside the main home and ADU with rental income of $1,300/month. Both the main home and ADU have been newly updated, and each unit has its own fenced yard. The property has a strong rental history, and current tenants are interested in staying. Buyers are advised to conduct all due diligence.

Location

State OR

County Multnomah

Area _142

Zoning R5

Rooms

Basement None

Interior

Heating Forced Air

Exterior

Roof Type Metal

Parking Type Driveway, On Street

Garage No

Building

Lot Description Corner Lot, Level

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Jason Lee

Middle Schools Roseway Heights

High Schools Leodis Mcdaniel

Others

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

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