$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 #24370838
Listed
$799,000
+33.39%
07/31/2019
PortlandOR #19317227
Sold
$599,000
Schools & Community
Neighborhood:
Richmond
Elementary school:
Creston
Middle school:
Kellogg
High school:
Franklin
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House2650 SE 49th Ave, Portland, OR 97206
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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