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Listed by The Kelly Group Real Estate
$575,000
Est. payment /mo
2,424 SqFt
Pending
11050 NE GLISAN ST Portland, OR 97220
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UPDATED:
02/18/2025 02:22 PM
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
