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About the Listing KORR01 - HICKSKOR
Turnkey Portland Multi-Unit — 6.79% Cap Rate, Fully OccupiedRare opportunity with three separate income-producing units, all currently rented on month-to-month terms. Estimated 6.79% cap rate at the current list price; financials available upon request, buyer to independently verify income, expenses, and investment performance. Unit A (2 bed / 2 bath): Built in 2019 with an open kitchen, dining, and living area, LVT flooring, a laundry room, fresh interior paint, gas heat and central air, and its own exterior storage room.Unit B (1 bed / 1 bath): Set behind the main home with an open living area, ductless electric heat and A/C, laundry/storage space, and its own exterior storage room. Updates include a 2019 roof, partial siding, and kitchen plumbing and electrical improvements.Studio (detached): A versatile open living area with a small kitchen counter and sink, full bathroom, electric heat, and a 2019 roof.Grounds: A shared private patio between the three units, shaded by a mature grape arbor.ALL UNITS ARE TENANT OCCUPIED — please do not disturb tenants or enter the property. Seller holds an Oregon real estate license.
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air,Heat Pump
- Heating: Ductless,Forced Air,WallHeater
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: RM1
- Roof: Composition
- Others: Existing
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: $5,951
- Taxes w/Assessments: N/A
- Tax/Property ID: R274283
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
8044 SE Malden St Portland, OR 97206
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