5105 SE TIBBETTS ST Active Save Request In-Person Tour Request Virtual Tour
Portland,OR 97206
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,420 sqft
Price per Sqft $233
Subdivision South Tabor
MLS Listing ID 24370838
Style Stories1
Bedrooms 5
Full Baths 3
Year Built 1956
Annual Tax Amount $6,442
Property Description
Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.4% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property and live in the non-conforming 3rd unit. No Showings, for Open House information or questions. DND Tenants.
Location
State OR
County Multnomah
Area _143
Zoning R2.5
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Number 2
Fireplaces Type Wood Burning
Exterior
Exterior Feature Porch, Yard
Garage Carport
Garage Spaces 3.0
View Seasonal
Roof Type Composition
Building
Lot Description Corner Lot, Level
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Creston
Middle Schools Kellogg
High Schools Franklin
Others
Acceptable Financing Cash,Conventional,FHA,VALoan
Listing Terms Cash,Conventional,FHA,VALoan