tomo logo

$300,000

Beds
3
Baths
1.0
sq ft
Unknown

748 SE 112th Ave, Portland, OR 97216

748 SE 112th Ave

Portland, OR 97216

  • 5 days on market
Offer recieved. Offer deadline set for 2/24/25 @10am.INVESTOR SPECIAL- 3 Bedroom Fixer in Prime SE Location!!Fantastic investment opportunity in the heart of Southeast Portland! This 3 bedroom, 1 bath fixer is ready for your vision- whether you're looking to renovate and flip, add to your rental portfolio, or develop further. Located in a highly walkable neighborhood near shops, restaurants, and public transit, this property offers strong potential for future value. The home sits on a spacious lot with room for expansion or outdoor enhancements. With solid bones and sought-after location, this is a prime opportunity for investors looking to maximize returns. Bring your contractor and creativity- this is a rare chance to transform a well-located property into high-value investment. Don't miss out!

Details

Property type

Single Family Residence

Est. home value

$401,985

Property condition

Fixer

Lot size

6,534 sq ft

Price per sq ft

Unknown

Year built

1952

Annual property taxes

$4,168.4

HOA

No

Price History

02/17/2025
PortlandOR

PortlandOR #592161700

Listed
$300,000
-7.69%
02/08/2025
PortlandOR

PortlandOR #24598418

Removed
$325,000
01/30/2025
PortlandOR

PortlandOR #24598418

Listed
$325,000

Schools & Community

Neighborhood: 

Mill Park

Elementary school: 

Ventura Park

Middle school: 

Floyd Light

High school: 

David Douglas

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

-$24,975
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$300,975
Cash to seller
-$24,975

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Carrington Mortgage Services Llc

Loan start date

April 2022

Original loan amount

$317,640

Est. remaining balance

$300,975

Interest rate

3.92%

Loan type

FHA, 30 year

Seller

Thomas Barber and Teresa Elaine Murphy

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 9:55 AM

Listing updated: 02/18/2025 at 7:43 PM

Listed by: Grace Aguilar, Premiere Property Group, LLC Phone #: (503) 670-9000

MLS: PortlandOR #592161700

PortlandOR logo

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