7612 SE 65TH AVE, Portland, OR 97206
7612 SE 65TH AVE, Portland, OR 97206
7612 SE 65TH AVE, Portland, OR 97206
34
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Listed by Opt
$850,000
Est. payment /mo
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3,030 SqFt
New

7612 SE 65TH AVE Portland, OR 97206

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Ben Nelson

Ben Nelson

+1(503) 476-1020

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,030 sqft

Price per Sqft $280

Subdivision Brentwood / Darlington

MLS Listing ID 700106151

Year Built 1942

Annual Tax Amount $7,354

Tax Year 2025

Lot Size 10,018 Sqft

Property Description

Updated 4-Plex with $7,740/monthly income - this one CASH FLOWS! Desirable single-level living in Brentwood with two 3-Bedroom/2-Bath units, a 3-Bedroom/1-Bath unit and a 2-Bedroom/1-Bath unit with an attached garage. Major Remodel in 2018/2019 with new electric meters, panels and circuits, pex plumbing, new sewer lines, new gas furnaces, water heaters, and updated finishes throughout. Remodel includes converted garages to bedroom/bathroom in Units 7614 & 7706 and a bonus room/bedroom in Unit 7704. Property consists of TWO duplexes with their own utilities on their own legal lots of record. This would be EZ to split into two tax lots and sell as duplexes separately! With $92,880 estimated annual income, this building is selling at a very enticing 9.2 GRM and a whopping 6.8% cap rate! Stable tenant base, quiet street and good neighborhood make this 4-Plex a great PDX investment. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10236657]

Location

State OR

County Multnomah

Community Commons

Area _143

Zoning R5

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Exterior

Garage Spaces 1.0

Community Features Commons

Roof Type Composition,Shingle

Garage No

Building

Lot Description Level, Public Road

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Whitman

Middle Schools Brentwood

High Schools Cleveland

Others

Acceptable Financing Cash, Conventional, VALoan

Listing Terms Cash, Conventional, VALoan

Virtual Tour https://mls.ricoh360.com/f200ecc2-c83c-4f9a-8ab7-3f9d370cb9b9

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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Ben Nelson

Ben Nelson

Broker & Team Lead License ID: 200212150

+1(503) 476-1020

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7612 SE 65TH AVE