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Listing 8 out of 99
$675,000 For Sale

15809 NE Glisan St
Portland, OR 97230

4 units | Multi Family Home - MLS# 18558184
Property Photo
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Description

Fully rented 4 unit duplex on a large .46 acre lot. Great option to add additional 6 units or tear down and build a ten unit complex generating significantly more rental income. Current units need some repair. Great investment opportunity.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Multnomah County
  • Zip Code: 97230
  • Year Built: 1942
  • Elementary School: Glenfair
  • Middle School: H.b. Lee
  • High School: Reynolds
  • Sq.Ft.: 3,802 sq ft
  • Units: 4 units
  • Garage: 7-Car
  • Lot Size: 20, 000 Sqft To .99 Acres
  • Zoning: R3
  • Area: Portland Northeast
  • Exterior: Lap Siding, T-111 Siding
  • Fuel: Gas
  • Gross Income Actual: 45610
  • Gross Income Projected: 46320
  • Gross Rent Multiplier: 14.80
  • Heating: Forced Air
  • Hot Water: Electricity
  • Limited Representation: Full Service
  • Lot: Level
  • Net Income Actual: 32605
  • Net Income Projected: 33320
  • Occupancy Types: Month To Month
  • Operating Expenses Actual: 13005
  • Operating Expenses Projected: 13000
  • Parking: Open, RV Access/Parking
  • Roof Type: Composition
  • Sewer: Public Sewer
  • Tax Amount: 5100.59
  • Terms: Cash, Conventional, Rehab
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup
  • Unit Type 1 Sq Ft: 700
  • Unit Type 1 Units Total: 1
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Range, Refrigerator, Washer/Dryer Hookup
  • Unit Type 2 Sq Ft: 700
  • Unit Type 2 Units Total: 1
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 3
  • Unit Type 3 Features: Dishwasher, Refrigerator, Washer/Dryer Hookup
  • Unit Type 3 Sq Ft: 1000
  • Unit Type 3 Units Total: 1
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Range, Refrigerator, Washer/Dryer Hookup
  • Unit Type 4 Sq Ft: 1000
  • Unit Type 4 Units Total: 1
  • Utilities Included: Trash Collection, Water
  • Water: Public
Courtesy of Knipe Realty Era Powered

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Jim Lutz

Jim Lutz, CCIM
Oregon Principal Broker
Premiere Property Group, LLC
Beaverton, OR 97006

503-750-6388
Contact Me

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Jim Lutz | 
503-750-6388 | Contact Me

1500 NW Bethany Blvd #190 - Beaverton, OR 97006
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