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Listed by Windermere Realty Trust • 503-860-2805
$569,000
Est. payment /mo
Active
5108 NE GLISAN ST Portland, OR 97213
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UPDATED:
12/25/2024 12:25 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24178076
Year Built 1884
Annual Tax Amount $5,187
Property Description
Amazing cashflow property. One of the best values in Portland urban core! This impeccably preserved 1884 duplex is a unique opportunity. The property lives like a home with an ADU in the basement. Professionally managed for a hassle-free experience, the duplex is strategically located across from Providence Hospital, Oregon's largest employer. Situated in a vibrant neighborhood with renowned restaurants, coffee shops, and excellent amenities, this property ensures both comfort and convenience. Key features include on-site laundry potential, off-street parking, and RM2 zoning for potential expansion. With a remarkable Cap Rate exceeding 7%, this property is not only a charming residence but also a smart investment. Don't miss the chance to own a piece of Portland's history with this versatile and lucrative property.
Location
State OR
County Multnomah
Area _142
Zoning RM2
Rooms
Basement Full Basement
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 2
Foundation Block, Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Laurelhurst
Middle Schools Laurelhurst
High Schools Grant
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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