Nearby Schools
ParklaneElementary School
CentennialMiddle School
CentennialHigh School
Description
Cash flowing 5 Unit investment opportunity in Southeast Portland. Property consists of a 1,758sqft house and 3,900sqft fourplex on one (1) tax lot. The fourplex has all 2-bed/1-bath flats & the house is a 4 bed/1.5 bath w/ a partially finished basement. TRUE 5.45% CAP on current income, Pro forma 6.71% CAP at market rents. Multiple avenues for value-add. For Offering Memorandum, please visit: https://www.marcusmillichap.com/properties/123923/1839-se-162nd-ave
Location
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Attribution contact: 971-340-6636 | 971-200-9977
Listing Agent: Santino Filipelli
Listing Office: Modern Realty