2431 SE 141ST AVE Portland, OR 97233

ADDRESS:: 2431 SE 141ST AVE Portland, OR 97233
Price:: $949,000
Units:: 4
Acres:: 0.22
Unit 1:: 1 Bed 1.0 Bath $1,070/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer
Unit 2:: 3 Bed 3.0 Bath $2,275/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer
Unit 3:: 2 Bed 2.0 Bath $1,415/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer
Unit 4:: 3 Bed 2.0 Bath $1,500/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer
MLS#:: 24301823
Lot Size:: 7,000 to 9,999 SqFt
Type:: Multi
Zone:: RM1
Yr Built:: 1998
Taxe/yr:: $10,205.08
County:: Multnomah
Status:: Active
Heat:: Forced Air, WallHeater
Nhood/Bldg:: HW-Hazelwood
Elem:: Lincoln Park
Middle:: Ron Russell
High:: David Douglas
Lot Desc:: Level
Area:: Portland Southeast
Courtesy of:: John L. Scott Portland Metro
Remarks:: Projected CAP Rate for 2024 is 5.63% Excellent opportunity for investor or owner occupied investor. This well built 1998 4Plex has been meticulously maintained for years. Unit #1 is located (eastside) above the 3 garages with additional assigned parking for each unit. Units #2 and #3 are two levels. Unit #4 is one level built to 1998 ADA standards. There is huge upside potential for increased rent rates to maximize net operating profit and create a possible cap rate of over 7%. No sign on property. Please do not disturb tenants. Please call me with questions.

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