REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Nathan Stancil

nathan@exploreoregonhomes.com +1(503) 621-4693

Listed by Summa Real Estate Group

$ 600,000

Est. payment | -/mo

1,920 SqFt

Save

$ 600,000

Est. payment | -/mo

Save

1,920 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $312

Subdivision North Tabor

MLS Listing ID 193312957

HOA Y/N No

Year Built 1915

Annual Tax Amount $4,522

Tax Year 2025

Lot Size 4,791 Sqft

Property Description

Turnkey income opportunity on the border of North Tabor and Rose City Park. This updated property offers two separate 2-bedroom, 1-bath living spaces, each with its own kitchen, laundry and comfortable living areas, creating flexibility for an investor or house hacker. Currently leased as two long-term rental units with a proven rental history, recent 12-month figures reflect approximately $39,874 in rental income plus utility reimbursements. Keep both units as rentals or explore future owner occupancy while using income from the second unit to help offset the investment.Extensively remodeled in 2022, the property features updated kitchens and bathrooms, newer appliances, a tankless water heater, mini-split heating and cooling, gas furnace, and newer interior and exterior paint. A new roof and radon mitigation system were added in late 2022, providing valuable improvements already completed for the next owner.Mature landscaping surrounds an oversized backyard with two covered patio areas, while a detached garage, spacious driveway and RV hookups add functionality. The detached garage also offers potential for a future ADU, subject to buyer due diligence and applicable requirements. Conveniently located near parks, restaurants, shopping and I-84 with easy access throughout Portland. Financial records and rental history available for buyer review [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10202853]

Location

State OR

County Multnomah

Area _142

Zoning RM2

Rooms

Basement Exterior Entry, Full Basement, Separate Living Quarters Apartment Aux Living Unit

Interior

Heating Forced Air95 Plus, Heat Pump, Mini Split

Cooling Heat Pump, Mini Split

Exterior

Garage Spaces 1.0

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Vestal

Middle Schools Harrison Park

High Schools Franklin

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 621-4693

nathan@exploreoregonhomes.com

6204 NE WILLOW ST Portland, OR 97213