OR > Portland > Mt Tabor
Portland, OR 97215,646 SE 60TH AVE
Portland, OR 97215,646 SE 60TH AVE
Portland, OR 97215,646 SE 60TH AVE
Portland, OR 97215,646 SE 60TH AVE
Portland, OR 97215,646 SE 60TH AVE
Portland, OR 97215,646 SE 60TH AVE
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Geri And Tim Penner

Geri And Tim Penner

MORE Realty

+1(971) 777-0939
Listed by NextHome Realty Connection
$ 900,000
Est. payment | /mo

5,474 SqFt

Save
$ 900,000
Est. payment | /mo
Save

5,474 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,474 sqft

Price per Sqft $164

Subdivision Mt Tabor

MLS Listing ID 494169870

Year Built 1926

Annual Tax Amount $13,013

Tax Year 2024

Lot Size 5,227 Sqft

Property Description

This fully-occupied triplex in the desirable Mount Tabor neighborhood offers a unique income opportunity. In addition to three spacious residential units, the property includes 8 Single Room Occupancy (SRO) units, all 100% occupied, generating stable rental income. Located near scenic Mount Tabor Park, the property provides a perfect blend of natural beauty and urban convenience, just minutes from downtown Portland. The property qualifies for conventional financing, yet its income level is comparable to an 11 unit commercial investment, making it a versatile asset. With steady cash flow and an attractive location in one of Portland's most sought-after areas, this is an excellent opportunity for savvy investors looking to expand their portfolio. Seller is a licensed broker in Oregon. Do not disturb tenants. Call for financials

Location

State OR

County Multnomah

Community Alllandscaping

Area _143

Zoning R5

Rooms

Basement Full Basement

Interior

Heating Baseboard, Forced Air

Exterior

Community Features AllLandscaping

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Glencoe

Middle Schools Mt Tabor

High Schools Franklin

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)
agent-avatar

+1(971) 777-0939

concierge@pennergroupproperties.com

16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224

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