690 NW JOY AVE Portland, OR97210

$900,000
6 total units
4 total bedrooms
2 total bathrooms
$67,000 annual income
Capitilization Rate: 4.31
2592 total sq. ft
10,000 to 14,999 SqFt
Elementary School: Terra Linda
Middle School: Cedar Park
High School: Sunset
Zoning: RC
1233 days on market

VestorFilter™

Price per unit$150K/unit
Price per ft²$347.22/ft²
Price per acre$3.83M/ac
Price per bedroom$225K/bed
Time on market1233 days

Property Description

Small rental complex, 6 units set up as 2 triplexes with center lawn and courtyard. Some recent updates to several units. Roof is in good shape but age unknown. Prime location and potential for Re-development. 2 Blocks from intersection of Murray and Cornell. Most tenants have been long term, and even with recent rent increase rates are still low for market.

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Financial Data

Date Sold2020-12-10
Sold Price$900,000
Original Price$975,000
Current Price$900,000
Property Taxes$8,014

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Home Facts

StatusSold
Year Built1967
Stories1
Exterior Features
MLS ID20479177

Unit Details

Unit 1
Unit 2