8128 NE BEECH ST Portland, OR 97213
Price:
$849,900
Units:
4
Acres:
0.12
Unit 1:
1 Bed 1.0 Bath $1,300/mo
Features: Range, Refrigerator
Unit 2:
1 Bed 1.0 Bath $1,300/mo
Features: Range, Refrigerator
Unit 3:
1 Bed 1.0 Bath $1,480/mo
Features: Range, Refrigerator, Washer/Dryer
Unit 4:
2 Bed 1.0 Bath $1,900/mo
Features: Range, Refrigerator
MLS#:
24345569
Lot Size:
5,000 to 6,999 SqFt
Type:
Multi
Zone:
RM1
Yr Built:
1954
Taxe/yr:
$11,580.28
County:
Multnomah
Status:
Active
Levels:
2
Heat:
WallHeater, Zoned
Nhood/Bldg:
MADISON SOUTH
View:
Territorial
Elem:
Jason Lee
Middle:
Roseway Heights
High:
Leodis McDaniel
Lot Desc:
Corner Lot, Level
Area:
Portland Northeast
Courtesy of:
MORE Realty
Remarks:
This well-maintained 4-plex offers a solid 5.72% CAP Rate and a 12.21 GRM, with significant potential for financial growth. Minor cosmetic upgrades could unlock higher market rents, maximizing your returns. The property features a 5-year-old roof, minimizing immediate maintenance costs.Strategically located on a bus line, this property appeals to tenants seeking convenience, with restaurants, coffee shops, shopping, schools, and parks all within half a mile. One unit boasts private laundry, while the remaining three units share a well-equipped laundry room.A fantastic opportunity to capitalize on Portland’s thriving rental market!

We’ll get back to you as soon as we’re able. But if you need us sooner, feel free to call Brian at 503-810-2219 with your questions.


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