3731 NE 82ND AVE Portland, OR 97220
Price:
$499,000
Units:
2
Acres:
0.11
Unit 1:
4 Bed 2.0 Bath $1,250/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
Unit 2:
4 Bed 2.0 Bath $1,250/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
MLS#:
396587995
Lot Size:
3,000 to 4,999 SqFt
Type:
Multi
Zone:
R2
Yr Built:
1978
Taxe/yr:
$7,047.98
County:
Multnomah
Status:
Active
Levels:
1
Heat:
Baseboard
View:
Territorial
Elem:
Jason Lee
Middle:
Roseway Heights
High:
Leodis McDaniel
Lot Desc:
Level, On Busline
Area:
Portland Northeast
Courtesy of:
The Agency Portland
Remarks:
ATTN: Househackers! Here's a great spot to build equity with this duplex at the corner of upper Sandy and 82nd. Long term tenants under market value rent, on month-to-month tenancy. Rental comps come in at $1900 per month, per side. Cap rate with market value rents comes in at 6.27%. Tenants pay utilities. Quick access to 205, commuting, great eats, and forest bathing in the Grotto. Mirroring layouts for units. This area sits near the cultural energy of the Jade District—one of Portland’s most diverse and entrepreneurial districts. Live in one side and stabilize your costs, rent both units later, hold as a long-term investment, or leverage appreciation as the corridor evolves.
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