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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This content last updated on 12/22/2024, 10:07 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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