913 SE 50TH AVEPortland, OR97215
$699,000
2 total units
$40,800 annual income
Capitilization Rate: 3.98
2703 sq. ft
SqFt5000to6999
Elementary School: Glencoe
Middle School: Mt Tabor
High School: Franklin
Zoning: RM1
652 days on market
VestorFilter™
Price per unit$349.5K/unit
Price per ft²$258.60/ft²
Time on market652 days
Property Description
Phenomenal location and development potential. 1893 Duplex in Mt Tabor, with views of downtown and West Hills. Two units with individual W&D, a small backyard, a balcony, garage, off-street parking, and room for storage in the basement. ZONED RM1, allows you to add units to the existing structure, or start fresh with a new built apartment building or townhomes. So many options and upside potential! Email to ask for the Developer's Package! Do not disturb downstairs tenants. Please & thank you.
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Financial Data
Date Sold2022-09-30
Sold Price$662,905
Original Price$699,000
Current Price$699,000
Property Taxes$7,061
Find On Map
Home Facts
StatusSold
Year Built1893
Exterior Features
MLS ID22164566
Unit Details
Unit 1
Unit 2