6401 SE 143RD CT, Portland, OR 97236

$2,500,000
List Price
$2,500,000
Days on Market
37
MLS#
21687857
Property Type
Multifamily
Lot Size
1 to 2.99 Acres
Region
Portland Southeast
Status
Active

Property Description

Investment opportunity! The Homestead is a 9 unit single family housing portfolio consisting of 2 stick built homes & 7 manu homes on real property. It is conveniently located near Powell Butte & Pleasant Valley with easy access to public transportation. All units are currently tenant occupied & bring in a steady rental income. Potential to remove manu homes & build in the future?? Don't miss out on this turnkey investment! PLEASE DO NOT DISTURB TENANTS. Buyer to do due diligence & verify sq ft.

Additional Information

Tax Amount
$2,463
Year Built
1999
High School
David Douglas
Elementary School
Gilbert Park
Middle School
Alice Ott
Stories
1
Terms
Cash, Conventional, Owner Will Carry, Contract
Fuel Description
Electricity
Heating Description
Forced Air
Hot Water Description
Electricity, Gas
Exterior Description
T-111 Siding, Man Made, Vinyl Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
11945
Capitalization Rate
4.46
Operating Expenses Actual
25065
Gross Income Actual
135600
Gross Rent Multiplier
18.44
Net Income Actual
111535
Occupancy Types
Month To Month
Road Surface
Paved
Number Of Units Total
9
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
1050
Unit Type One Sq Ft
1456
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
3
Unit Type Two Rent
1400
Unit Type Two Sq Ft
1456
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
3
Unit Type Three Rent
1000
Unit Type Three Sq Ft
952
Unit Type Three Units Total
1
Unit Type Four Baths Total
2
Unit Type Four Beds Total
3
Unit Type Four Rent
1400
Unit Type Four Sq Ft
1323
Unit Type Four Units Total
1
Unit Type Five Baths Total
1
Unit Type Five Beds Total
3
Unit Type Five Rent
1350
Unit Type Five Sq Ft
1140
Unit Type Five Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of The Broker Network, LLC.

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