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    639 NE 81ST Ave

    Portland, OR 97213
    • $450,000
    • STATUS: Active
    • ON SITE: 49 days
    • MLS #: 21627950
    UPDATED: 37 min ago
    $450,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Information

    Elementary School:
    Middle School:

    Description

    Unique income opportunity in the Montavilla neighborhood. Home is currently being used as an Oxford House. Stable rental history. Tenant pays water, sewer, garbage and electricity. Owner pays taxes and insurance. House could also easily be converted back to a single family residence. Over-sized lot 54'x125'. Garage could be converted to ADU?

    Monthly Payment Calculator



    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Beach Loop Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-06-17T18:40:04.7.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Beach Loop Realty and should be independently verified.
    www.beachlooprealty.com/homes/116563297
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    639 NE 81ST Ave Portland, OR 97213

    • Price: $450,000
    • Status: Active
    • Updated: 37 min ago
    • MLS #: 21627950
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1958
    Built
    Neighborhood:
    Montavilla
    County:
    Multnomah
    Area:
    142-Portland Northeast
    Elementary School:
    Vestal
    Middle School:
    Roseway Heights
    Property Description
    Unique income opportunity in the Montavilla neighborhood. Home is currently being used as an Oxford House. Stable rental history. Tenant pays water, sewer, garbage and electricity. Owner pays taxes and insurance. House could also easily be converted back to a single family residence. Over-sized lot 54'x125'. Garage could be converted to ADU?
    Exterior Features

    Exterior Description BrickCedarLap Siding Lot Description Level Lot Size 5000 To 6999 Sqft Roof Type Composition View YN No Water Description Public

    Interior Features

    Foundation Details Concrete Perimeter Heating Description Forced Air

    Property Features

    Bank Owned YN No Capitalization Rate 4.82 Country Us Fuel Description Oil Gross Income Actual 27600 Gross Rent Multiplier 16.30 Net Income Actual 21679 Operating Expenses Actual 5921 Property Condition Existing Rent Includes None Sewer Description Public Sewer Short Sale YN No Tax Amount 5106.10 Third Party Approval YN No Zoning R5

    Listing provided courtesy of Change Realty, Llc.


    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Beach Loop Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-06-17T18:40:04.7.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Beach Loop Realty and should be independently verified.
     
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    Beach Loop Realty
    535 2nd Street SE
    Bandon OR, 97411