Portland, OR 97206,6836 SE 72ND AVE
Portland, OR 97206,6836 SE 72ND AVE
Portland, OR 97206,6836 SE 72ND AVE
16
Listed by Premiere Property Group, LLC
Bought with RE/MAX Equity Group
$1,350,000
$1,549,900
12.9%
Est.Price: ?

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7,176 SqFt

6836 SE 72ND AVE Portland, OR 97206

Est. payment /mo
SOLD DATE : 02/29/2024

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Key Details

Sold Price $1,350,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,176 sqft

Price per Sqft $188

MLS Listing ID 23512443

Sold Date 02/29/24

Year Built 1965

Annual Tax Amount $12,595

Tax Year 2022

Property Description

Excellent investment opportunity in SE Portland garden-style complex. Up-and-coming area with many amenities nearby. 8 units (all 2bd 1 bth) plus detached, oversized garage formally rented separately. North building recently rebuilt - 4 units completely renovated, new kitchens with quartz countertops, stainless appliances and hardwood cabinetry, new bathrooms + hardwood floors. New roof, new electrical and new plumbing. Renovation fully permitted. Onsite laundry room and private storage cages for all units and private back patios. Paved parking in front for up to 10 vehicles plus gravel area in rear accessible from adjacent street. Large .55 acre lot offers potential to develop more units (buyer to verify). Note: actual income is low due to vacancy during construction, projected rent based on current income and market rate for the one vacant unit and vacant garage. A compelling blend of stability with upside.

Location

State OR

County Multnomah

Community Laundry

Area _143

Zoning RM1

Rooms

Basement Crawl Space

Interior

Heating Baseboard

Exterior

Community Features Laundry

Roof Type Composition

Garage No

Building

Lot Description On Busline

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Woodmere

Middle Schools Lane

High Schools Franklin

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

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agent

Randy Byrd

Broker | License ID: 201235026

+1(541) 570-5777

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