11050 NE GLISAN ST Pending

Portland,OR 97220

$ 575000

- Bed

- Bath

2424 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,424 sqft

Price per Sqft $237

MLS Listing ID 392842930

Year Built 1960

Annual Tax Amount $5,754

Tax Year 2024

Lot Size 0.280 Acres

Property Description

Prime investment opportunity! This triplex features three spacious units, each offering 2 bedrooms, 1 bathroom, and 808 sq. ft. of living space. The interiors boast hardwood floors in the main living areas and durable vinyl flooring in the kitchens and laundry rooms. Situated on a generous 0.28-acre lot, this property is zoned RM1, offering potential for additional units-Buyer to do own due diligence. All units are currently rented, with tenants expressing a desire to remain. The exterior is freshly painted and a new back fence installed was in summer 2024. Units 11052 and 11054 include all appliances (washer/dryer, fridge & range). Unit 11050 appliances are tenant-owned. Water, sewer, and waste removal included in rental income. Please Note: For the privacy of tenants, showings are available only with an accepted offer. Please do not walk the property or disturb the occupants. This is a fantastic opportunity for savvy investors seeking stable rental income with potential for growth.

Location

State OR

County Multnomah

Area _142

Zoning R3

Interior

Heating Forced Air

Exterior

Roof Type Composition

Garage No

Building

Lot Description Level

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Ventura Park

Middle Schools Floyd Light

High Schools David Douglas

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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