Homes for sale - 8128 NE BEECH ST, Portland, OR 97213

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John & Michelle Leiby

reddoorpdx@gmail.com +1(503) 781-3943

Listed by MORE Realty • 971-645-6977

$ 849,900

Est. payment | -/mo

3,984 SqFt

Save

$ 849,900

Est. payment | -/mo

Save

3,984 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,984 sqft

Price per Sqft $213

Subdivision Madison South

MLS Listing ID 24345569

Year Built 1954

Annual Tax Amount $11,580

Tax Year 2024

Lot Size 5,227 Sqft

Property Description

This well-maintained 4-plex offers a solid 5.72% CAP Rate and a 12.21 GRM, with significant potential for financial growth. Minor cosmetic upgrades could unlock higher market rents, maximizing your returns. The property features a 5-year-old roof, minimizing immediate maintenance costs.Strategically located on a bus line, this property appeals to tenants seeking convenience, with restaurants, coffee shops, shopping, schools, and parks all within half a mile. One unit boasts private laundry, while the remaining three units share a well-equipped laundry room.A fantastic opportunity to capitalize on Portland's thriving rental market!

Location

State OR

County Multnomah

Area _142

Zoning RM1

Rooms

Basement Unfinished

Interior

Heating Wall Heater, Zoned

Exterior

Garage Spaces 1.0

View Territorial

Roof Type Shingle

Garage No

Building

Lot Description Corner Lot, Level

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Jason Lee

Middle Schools Roseway Heights

High Schools Leodis Mcdaniel

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Regional Multiple Listing Service (RMLS)

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 781-3943

reddoorpdx@gmail.com

205 SE Spokane St, Portland, OR, 97202, USA

8128 NE BEECH ST Portland, OR 97213