MLS# 24370838 – 5105 Se Tibbetts St, Portland, OR 97206

$799,000
5 Beds
3 Baths
3,420 SqFt
— Acre Lot
— Sqft Lot
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Property Photo
Status Active
Property Type Singlefamilyresidence
Price Type
Year Built 1956
Neighborhood South Tabor
Days on Website 22

Property Map

$799,000 – 5105 Se Tibbetts St, Portland, OR 97206

Street View

Listing courtesy of Urban Nest Realty.

Description

Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.4% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don’t miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property and live in the non-conforming 3rd unit. No Showings, for Open House information or questions. DND Tenants.

Property Details and Features

Property Access

  • Road Surface Type: Concrete,Paved

Basement

  • Basement: FullBasement,PartiallyFinished

Bathrooms

  • 3 total baths
  • 3 full bathrooms
  • 1 total lower level bath
  • 1 lower level full bath
  • 2 total main level baths
  • 2 main level full baths

Bedrooms

  • 5 total bedrooms

Building

  • Architectural Style: Stories1
  • Building Area Calculated: 1730
  • Building Area Description: County
  • Building Area Total: 3420
  • Built in 1956
  • Lower Level Area Total: 1690
  • Main Level Area Total: 1730
  • Stories: 1

Cooling

  • Cooling Equipped
  • Cooling: CentralAir

Disclosures

  • Disclosures: Disclosure

Accessibility Features

  • Accessibility Features: NaturalLighting,Parking
  • Handicap Accessible

Exterior Features

  • Exterior Description: ShakeSiding
  • Exterior Features: Porch,Yard

Fireplaces

  • Fireplace Features: WoodBurning
  • Fireplace Included
  • Fireplaces Total: 2

Foundation

  • Foundation Details: ConcretePerimeter

Garage

  • Garage Spaces: 3
  • Garage Type: Carport

Heating

  • Heating Available
  • Heating: ForcedAir

Interior Features

  • Features: Laundry

Listing

  • Contract Status Change Date: 2024-04-11
  • Days On Market: 162
  • Last Transaction Date: 2024-08-30 15:46:21
  • List Price: $799,000
  • Listing Contract Date: 2024-04-11
  • Listing Id: 24370838
  • Mls Status: Active
  • Modification Timestamp: 2024-08-30 15:46:21
  • On Market Date: 2024-04-11
  • Previous List Price: $810,000
  • Rent Amount: $4,912
  • Standard Status: Active

Location

  • MLS Area Major: _143
  • Subdivision Name: SOUTH TABOR
  • County Or Parish: Multnomah

Lot

  • Features: CornerLot,Level
  • Size Range: SqFt5000to6999
  • Size: 5,000 to 6,999 SqFt

Parking

  • Features: Driveway,OffStreet
  • 3 total parking spots

Possession

  • Possession: SubjectToTenantRights

Property

  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Property View
  • Zoning: R2.5

Roof

  • Roof: Composition

Schools

  • High School: Franklin
  • Middle Or Junior School: Kellogg
  • Elementary School: Creston

Security Features

  • Features: Sidewalk

Sewer

  • Sewer: PublicSewer

Taxes

  • Annual Amount: $6,443
  • Legal Description

Utilities

  • Fuel Description: Gas
  • Hot Water Description: Electricity
  • Internet Service Type: Cable
  • Water Source: PublicWater

Windows

  • Features: VinylFrames
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This content last updated on September 21, 2024 08:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.