2665 NW RALEIGH ST, Portland, OR 97210

$750,000
List Price
$750,000
Days on Market
4
MLS#
20666261
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland NW/ SW/ S, Raleigh Hills
Status
Pending

Property Description

Strong investment Duplex in thriving NW neighborhood. A walkers paradise! Two 3 bedroom 1 bath units. Owner has done significant improvements, including removal of oil tank, new sewer line, new furnaces and ducting and concrete driveway. With additional space for a Potential ADU unit, this is fantastic investment opportunity. Tour available upon accepted offer. Do not disturb current tenants.

Additional Information

Tax Amount
$10,301
Year Built
1928
High School
Lincoln
Elementary School
Chapman
Middle School
West Sylvan
Stories
2
Terms
Call Listing Agent, Cash, Conventional
Cooling Description
None
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Cedar, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Cumulative Days On Market
4
Sq Ft Approximate Building Total
2210
Capitalization Rate
4.2
Operating Expenses Actual
18112
Gross Income Actual
47640
Gross Rent Multiplier
15.74
Net Income Actual
31528
Covenants/Restrictions
No
Road Surface
Concrete, Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
3
Unit Type One Rent
1895
Unit Type One Sq Ft
1100
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
3
Unit Type Two Rent
2075
Unit Type Two Sq Ft
1100
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Debbie Thomas Real Estate, Inc.

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