10227 NE OREGON ST Portland, OR97220

$460,000
2 total units
4 total bedrooms
2 total bathrooms
$24,810 annual income
Capitilization Rate: 3.18
2592 total sq. ft
7,000 to 9,999 SqFt
Elementary School: Ventura Park
Middle School: Floyd Light
High School: David Douglas
Zoning: RM2d
1053 days on market

VestorFilter™

Price per unit$230K/unit
Price per ft²$177.47/ft²
Recent price drop$25,000
Price per acre$2.8M/ac
Price per bedroom$115K/bed
Time on market1053 days

Property Description

Don't pass up this great investment opportunity! Plenty of room to increase income! Tenants pay water/sewer via monthly reimbursement to landlord. Duplex - both units are tenant occupied. Long term tenants would like to stay. No income lost during the pandemic. Please do not disturb tenants! One unit full remodel in 2020. Convenient location, attached garages, yard and patio behind each unit. A great opportunity waiting! Interior inspection with accepted offer only.

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Financial Data

Date Sold2021-11-12
Sold Price$460,000
Price ChangeDropped $25,000 on 11/18/2021
Total $25,000 drop
Original Price$485,000
Current Price$460,000
Property Taxes$4,739

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Home Facts

StatusSold
Year Built1979
Stories1
Exterior Features
MLS ID21065773

Unit Details

Unit 1
Unit 2