4825 N MARYLAND AVE new Save Request In-Person Tour Request Virtual Tour
Portland,OR 97217
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,746 sqft
Price per Sqft $285
Subdivision Overlook / Arbor Lodge
MLS Listing ID 162313511
Year Built 1944
Annual Tax Amount $3,668
Tax Year 2024
Lot Size 6,098 Sqft
Property Description
Rare Overlook 1944 Triplex with 582 sq ft units offers cash flow, equity building & portfolio diversification! Well cared for and recently upgraded units are move in ready( 1 unit occupied). Solid 1944 construction. So many options- multi generational living, ideal owner occupant property, co-housing or reimagine the property to suit your vision. Having 3 units dramatically increases income potential! 35x46 side yard gives possible future development potential or lovely garden space. Unit 1 has new mini split system for A/C and heating, all new plank vinyl flooring, sweet new kitchen, all appliances included, stackable Washer & Dryer, cottage pane windows, newer vinyl windows large bedroom and updated bathroom! Unit 2 is currently occupied with similar floor plan, gas range, refrigerator & stackable Washer/Dryer. Unit 3 has oversized vinyl windows, plank vinyl flooring, cute kitchen, big bedroom, updated bathroom and W/D hook up. 2 units left vacant for ease of sale. Each unit has it's own electric panel and H2O heater. Sought after Overlook location is near MAX, vibrant Mississippi & Arbor Lodge neighborhoods, shopping, transit, I5 and parks! (3) 1 level, side by side units in turn key condition in an area of constant demand for under $500k! Generate income from 2 units and occupy 1 for around $1000 per month! Approx market rents are from $1495-$1295.00. 10 out of 10 Home Energy Score! 6240 oversized lot, fenced, large area for garden or potential future development! [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10241225]
Location
State OR
County Multnomah
Community Alllandscaping
Area _141
Zoning EXD
Interior
Heating Mini Split, Wall Furnace, Zoned
Cooling Central Air, Mini Split
Exterior
Community Features AllLandscaping
Roof Type Composition
Building
Lot Description Level, Public Road
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Beach
Middle Schools Ockley Green
High Schools Jefferson
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional