Active
8128 NE BEECH ST
Portland OR, 97213
$849,900
$213.33 per sqft
Active
4 Beds
3 Baths
3,984 sqft
Multi-family
Built in 1954
Courtesy of MORE Realty
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!
24345569
MLSⓇ ID
December 19, 2024
Listed
December 22, 2024
Updated
Map
8128 NE BEECH ST
Portland OR, 97213
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
3
Full Bathrooms
3
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall Heater, Zoned
Exterior/Building Features
Lot Size
0.12 Acres
Lot Features
Corner Lot, Level
Roof
Shingle
Sewer
Public Sewer
School Information
High School
Leodis McDaniel
Elementary School
Jason Lee
Other Property Details
Area Name
_142
Taxes
$11,580
Tax Frequency
Annually
Days on Market
3
Garage
Yes
Garage Spaces
1
Parking
Driveway, Garage
Parking Total
6
View
Yes
View Description
Territorial
County
Multnomah
Water Source
Public Water
Pool
No
Zoning
RM1
Listing Courtesy of MORE Realty, Marshall Rosario. 971-645-6977
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