1200 NE HIGHLAND ST, Portland, OR 97211

$525,000
List Price
$525,000
Days on Market
11
MLS#
21642435
Property Type
Multifamily
Lot Size
0K to 2, 999 SqFt
Region
Portland Northeast
City
Portland
Status
Active

Property Description

Classic 1913 side by side corner lot duplex on neighborhood greenway in hot Woodlawn location! Each side is 2 bdrm/1 bath w/ updated kitchens & baths & in unit laundry. A bit of additional storage in the large crawlspace/basement w/ exterior entry. Wonderful tenants are mo/to/month. Financials are strong on this sweet duplex w/ low taxes & perfect for 1st time homeowner or investor. Seller is a licensed realtor in OR.

Additional Information

Tax Amount
$1,968
Year Built
1913
High School
Jefferson
Elementary School
Woodlawn
Middle School
Ockley Green
Stories
1
Subdivision
Woodlawn
Terms
Cash, Conventional, FHA
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Gas
Exterior Description
Cedar, Shake Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
1176
Capitalization Rate
5.09
Operating Expenses Actual
4500
Gross Income Actual
31200
Gross Rent Multiplier
16.83
Net Income Actual
26700
Occupancy Types
Leased, Month To Month
Covenants/Restrictions
No
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1300
Unit Type One Sq Ft
588
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
1300
Unit Type Two Sq Ft
588
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Think Real Estate.

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