3718 SE 40TH AVE Portland, OR 97202
Price:
$625,000
Units:
2
Acres:
0.16
Unit 1:
2 Bed 1.0 Bath $1,650/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
Unit 2:
2 Bed 1.0 Bath
Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
MLS#:
494199141
Lot Size:
7,000 to 9,999 SqFt
Type:
Multi
Zone:
R5
Yr Built:
1953
Taxe/yr:
$7,960.55
County:
Multnomah
Status:
Active
Levels:
1
Heat:
Forced Air
Nhood/Bldg:
Creston-Kenilworth
Elem:
Creston
Middle:
Kellogg
High:
Franklin
Lot Desc:
Public Road
Area:
Portland Southeast
Courtesy of:
John L. Scott Portland Central
Remarks:
Prime investment opportunity on a classic inner city Portland Duplex. One Vacant Unit. New roof and exterior paint in 2024 and new furnace in 2016. Two bedroom, one bath units with hardwood floors throughout, open kitchen, great storage and bonus space with high ceilings in the basement and private garages. Owner occupied option available or rent both units as this property delivers an attractive 5.5 cap rate. Close to shopping, entertainment, local Creston and Kenilworth Parks and located a half block from mass transit for easy movement throughout the city.

We’ll get back to you as soon as we’re able. But if you need us sooner, feel free to call Brian at 503-810-2219 with your questions.


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