5911 N MICHIGAN AVEPortland, OR97217
$565,000
3 bedrooms
3 bathrooms
1617 sq. ft
0.04 acres
SqFt0Kto2999
Elementary School: Chief Joseph
Middle School: Ockley Green
High School: Jefferson
647 days on market
Tour #1Tour #2VestorFilter™
Price per ft²$349.41/ft²
Price per acre$14.13M/ac
Price per bedroom$188.3K/bed
Time on market647 days
Property Description
Amazing single-family unit with permitted ADU/mother-in-law suite in the lower level in the Heart of North Portland. High grossing Airbnb unit generating nearly $2,000/month on a part-time basis or use it as a guest suite, art studio, media room, or storage. Live in the main unit or rent for $2,250/month, with two bedrooms and two full bathrooms, washer and dryer in both units. A potential CAP RATE of 6.01% is an excellent opportunity for first-time investors or seasoned landlords. A Must See!
{{ compliance-logo }}Listing Provided By Keller Williams PDX Central
Financial Data
Date Sold2022-09-26
Sold Price$565,000
Original Price$565,000
Current Price$565,000
Property Taxes$3,208
Find On Map
Home Facts
StatusSold
Year Built1910
Interior Features
Exterior Features
MLS ID22267886
