2421 SE 52ND AVE, Portland, OR 97206

$795,000
4,854
SqFt

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List Price
$795,000
Days on Market
1
MLS#
386619075
Property Type
Multifamily
Sqft. of Residence
4,854
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Southeast
Status
ACTIVE

Property Description

Mid-Century vibes await in this stylish 1957-built Triplex just blocks from Mount Tabor and trendy Division Street! Great potential for value-add opportunity in this 4,854 square foot building - that's only $164/sf! Larger-than-it looks, this triplex features a nice mix of updated 3-bed, 2-bed and 1-bedroom units. Each apartment includes hardwood floors, coved ceilings and vintage trim in great condition. Attractive building with mature landscaping offers amazing potential in the full un-tapped basement space (currently used as owner-storage.) 1-bedroom unit features a private fenced yard, while the other units include private patios. Common-area basement space includes separate locked storage space + shared W/D for units 2523 & 2525. With over $72,700 gross income projection, this makes a great investment or perfect owner-occupant house hack.

Additional Information

Tax Amount
$10,601
Year Built
1957
High School
Franklin
Elementary School
Atkinson
Middle School
Harrison Park
Acres
0.11
Living Area
4,854
Stories
2
Subdivision
Richmond / Mt Tabor
Lot Size Dimension
50' x 100'
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Wall Heater
Hoa Rent Includes
Sewer, Trash Collection, Water
Hot Water Description
Electricity, Tank
Exterior Description
Board & Batten Siding, Lap Siding, Wood Siding
Roof Type
Composition, Shingle
Sewer Description
Public Sewer
Parking
On Street
Parking Description
On Street
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
2420
Unit Type One Sq Ft
1762
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1575
Unit Type Three Sq Ft
645
Unit Type Three Units Total
1

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