408 SE 99TH AVE Active

Portland,OR 97216

$ 505000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 295480407

Year Built 1941

Annual Tax Amount $4,783

Tax Year 2024

Property Description

***Ask About the 5.25% Assumable Rate***Freshly renovated triplex in a prime location with quick easy access to I-205. This versatile investment property offers a well-balanced unit mix: one 2-bedroom/1-bath unit and two 1-bedroom/1-bath units. Unit A has been fully renovated, while Units B and C provide an excellent value-add opportunity. With one unit currently vacant, this is a perfect option for an owner-occupant looking to take advantage of a low down payment loan while generating rental income. Don't miss this opportunity to own a high-potential, well-located investment property!

Location

State OR

County Multnomah

Area _143

Zoning EG1

Interior

Heating Forced Air

Exterior

View Seasonal

Roof Type Composition

Garage No

Building

Lot Description Level, On Busline

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Cherry Park

Middle Schools Floyd Light

High Schools David Douglas

Others

Acceptable Financing Assumable,Cash,Conventional

Listing Terms Assumable,Cash,Conventional

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