2709 SE 28TH AVE Portland, OR97202

$735,000
3 total units
5 total bedrooms
3 total bathrooms
$21,144 annual income
Capitilization Rate: 2.09
2425 total sq. ft
5,000 to 6,999 SqFt
Elementary School: Abernethy
Middle School: Hosford
High School: Cleveland
Zoning: R2.5
924 days on market

VestorFilter™

Price per unit$245K/unit
Price per ft²$303.08/ft²
Price per acre$6.26M/ac
Price per bedroom$147K/bed
Time on market924 days

Property Description

In prime location & super nice condition. Owner purchased w/non-conforming 3rd unit & has used that unit for a 2nd home. 2 units are vacant. The other 2 bed 1 bath unit updated this past year after tenant moved out & remained vacant. This property features 2 garages, 2 additional parking spaces, lots of storage. Corner lot near excellent restaurants & shopping. Lease was just signed on one unit. New Roof at a cost of $22k! and all current tenants are/ will be vacated by 1/1/2022.

{{ compliance-logo }}Listing Provided By Stellar Realty Northwest

Financial Data

Date Sold2021-12-13
Sold Price$735,000
Original Price$699,900
Current Price$735,000
Property Taxes$6,793

Find On Map

Home Facts

StatusSold
Year Built1979
Exterior Features
MLS ID21104177

Unit Details

Unit 1
Unit 2
Unit 3