Active
646 SE 60TH AVE
Portland OR, 97215
$1,050,000
$191.82 per sqft
Active
4 Beds
3 Baths
5,474 sqft
Multi-family
Built in 1926
Courtesy of NextHome Realty Connection
This fully-occupied triplex in the desirable Mount Tabor neighborhood offers a unique income opportunity. In addition to three spacious residential units, the property includes 8 Single Room Occupancy (SRO) units, all 100% occupied, generating stable rental income. Located near scenic Mount Tabor Park, the property provides a perfect blend of natural beauty and urban convenience, just minutes from downtown Portland. The property qualifies for conventional financing, yet its income level is comparable to an 11 unit commercial investment, making it a versatile asset. With steady cash flow and an attractive location in one of Portland's most sought-after areas, this is an excellent opportunity for savvy investors looking to expand their portfolio. Seller is a licensed broker in Oregon. Do not disturb tenants. Call for financials
24253308
MLSⓇ ID
October 7, 2024
Listed
October 18, 2024
Updated
Map
646 SE 60TH AVE
Portland OR, 97215
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
3
Full Bathrooms
3
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard, Forced Air
Exterior/Building Features
Lot Size
0.12 Acres
Roof
Composition
Sewer
Public Sewer
School Information
High School
Franklin
Elementary School
Glencoe
Other Property Details
Area Name
_143
Taxes
$12,514
Tax Frequency
Annually
Days on Market
10
Garage
No
Parking
On Street
View
No
County
Multnomah
Water Source
Public Water
Pool
No
Zoning
R5
Listing Courtesy of NextHome Realty Connection, Steve Roesch. 503-318-6351
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This content last updated on 10/18/2024, 2:16 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available
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