525 N SIMPSON ST Portland, OR97217

$790,000
4 total units
3 total bedrooms
3 total bathrooms
$55,257 annual income
Capitilization Rate: 5.49
3063 total sq. ft
3,000 to 4,999 SqFt
Elementary School: Chief Joseph
Middle School: Ockley Green
High School: Jefferson
Zoning: R5
842 days on market
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Price per unit$197.5K/unit
Price per ft²$257.92/ft²
Price per acre$11.21M/ac
Price per bedroom$263.3K/bed
Time on market842 days

Property Description

Owner occupied opportunity! All units extensively remodeled inside and out. Large two bedroom on main floor lives like a house and is now vacant. Charming one bedroom upstairs plus great studio unit. Detached garage rented separately. Great income producing property. Garage to adu conversion opportunity with RIP now in effect.

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Financial Data

Original Price$790,000
Current Price$790,000
Property Taxes$3,613

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Home Facts

StatusPending
Year Built1910
Stories2
Exterior Features
MLS ID21199824

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4