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Property Description

Updated 4-Plex with $7,740/monthly income - this one CASH FLOWS! Desirable single-level living in Brentwood with two 3-Bedroom/2-Bath units, a 3-Bedroom/1-Bath unit and a 2-Bedroom/1-Bath unit with an attached garage. Major Remodel in 2018/2019 with new electric meters, panels and circuits, pex plumbing, new sewer lines, new gas furnaces, water heaters, and updated finishes throughout. Remodel includes converted garages to bedroom/bathroom in Units 7614 & 7706 and a bonus room/bedroom in Unit 7704. Property consists of TWO duplexes with their own utilities on their own legal lots of record. This would be EZ to split into two tax lots and sell as duplexes separately! With $92,880 estimated annual income, this building is selling at a very enticing 9.2 GRM and a whopping 6.8% cap rate! Stable tenant base, quiet street and good neighborhood make this 4-Plex a great PDX investment. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10236657]

Overview

Property Status
Pending
Lot Size
10,018 Sq.Ft.
MLS ID
700106151
Property Type
Multi-Family
Year Built
1942

Features & Amenities

Total Area
3,030 Sq.Ft.
Neighborhood
Portland
Stories
1
Garage Spaces
1.0
Water Source
Public Water
Roof
Composition, Shingle
Lot Features
Level, Public Road
Parking
Driveway, Off Street
Heat Type
Forced Air
Sewer
Public Sewer
Substructure
Concrete Perimeter
Elementary School
Whitman
Middle School
Brentwood
High School
Cleveland
Sales Price
$850,000
Real Estate Tax
$7,355/yr
Zoning
R5

Downloads

Cottage-style homes line a walkway beneath mature trees at dusk, with warm entry lights and a colorful sunset.

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for your interest in 7612 SE 65TH AVE, Portland, OR 97206

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7612 SE 65TH AVE

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Active Listings

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    $1,799,950

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  • Modern dark-sided home with a covered porch, warm window lights, and lush landscaping at dusk. For Sale

    $800,000

    7128 N CURTIS AVE, Portland, OR 97217

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  • Home with pale green siding, an orange front door, and landscaped garden beds. For Sale

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  • 3345 NE 126th Ave For Sale

    $785,000

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  • 3244 NE 60TH AVE For Sale

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    $600,000

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  • Modern dark-sided house with a wood-paneled entry, glass garage door, and landscaped front garden. Pending

    $600,000

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  • 9806/9820 N MIDWAY AVE For Sale

    $580,000

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  • 1523 NE DEKUM ST For Sale

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  • 9252 SW 4TH AVE For Sale

    $524,000

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  • Gray split-level house with a coral-red front door, double garage, and landscaped yard. Pending

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  • Single-story blue-shingled house with a concrete driveway and a large leafy tree. Pending

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    $425,000

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  • Modern VISTA building entrance with glass storefront windows and trees along the sidewalk. For Sale

    $414,000

    1150 NW QUIMBY ST 512, Portland, OR 97209

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  • Multistory apartment building with red and orange siding, brick lower floors, and leafy trees. For Sale

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  • Modern gray multi-story home with balconies and glowing windows among trees at sunset. For Sale

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    2024 SW HOWARDS WAY 405, Portland, OR 97201

    • 2 Beds
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  • 2525 N KILLINGSWORTH ST 310 For Sale

    $345,000

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  • 5720 SE DUKE ST For Sale

    $330,000

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  • Two-story gray house with two garage doors, a concrete driveway, and leafy landscaping. For Sale

    $325,000

    5394 SE 136TH AVE, Portland, OR 97236

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  • 5916 SE 85TH AVE For Sale

    $319,000

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  • Modern gray home entrance with concrete steps, white-trimmed windows, and dense green landscaping. Pending

    $315,000

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