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$799,000

Beds
5
Baths
3.0
sq ft
3,420

5105 SE Tibbetts St, Portland, OR 97206

5105 SE Tibbetts St

Portland, OR 97206

  • 160 days on market
    • Price drop $11,000↓
Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.4% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property and live in the non-conforming 3rd unit. No Showings, for Open House information or questions. DND Tenants.

Details

Property type

Single Family Residence

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$234

Year built

1956

Annual property taxes

$6,442.61

Price History

04/11/2024
PortlandOR

PortlandOR #24370838

Listed
$799,000
+33.39%
07/31/2019
PortlandOR

PortlandOR #19317227

Sold
$599,000

Schools & Community

Neighborhood: 

Richmond

Elementary school: 

Creston

Middle school: 

Kellogg

High school: 

Franklin

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Status: Active

Tomo last checked: 09/17/2024 at 10:10 PM

Listing updated: 09/04/2024 at 11:55 AM

Listed by: Michael Kafoury, Urban Nest Realty Phone #: (503) 432-8126

MLS: PortlandOR #24370838

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