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Carrie Warlaumont

carriewarlaumont@epique.me +1(503) 803-3812

Listed by The Group Real Estate Services • sales@garciagrp.com

$ 675,000

Est. payment | -/mo

2,678 SqFt

Save

$ 675,000

Est. payment | -/mo

Save

2,678 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,678 sqft

Price per Sqft $252

Subdivision Edge Otown Villas

MLS Listing ID 526313742

Year Built 2019

Annual Tax Amount $2,132

Tax Year 2025

Lot Size 5,662 Sqft

Property Description

Large newer multi-unit property, built in 2019, offers an incredible investment opportunity. Upstairs 2 story 2,000 SF unit, is currently divided by a full partition wall and set up as townhouse style units, each with individual kitchens and separate entrances. These units are ideal for owner occupancy with an in-law / multi generational living space. Plus a downstairs Studio apartment with @ 320 SF that adds extra income (currently rented for $995 per month). Features include 9' ceilings, engineered hardwood floors, slab granite countertops, an abundance of windows with breathtaking views over the Spring Water Trail and Johnson Creek. The property is in excellent condition, boasting bright, inviting comfort and style. Each unit has stainless steel appliances, ample storage, and two private balconies. Each living space is equipped with a heat pump and mini split system, keeping property cool during the summer months. There is plenty of on-street, off-street, and garage parking, including a massive 1,000 sq ft garage and RV parking. The thoughtfully designed and thriving landscaping offers year-round beauty. This building was constructed by the current owner with his attention to detail and superior craftsmanship. It is a one-of-a-kind property and has been a fantastic investment. Upstairs is currently rented to 2 individual tenants, with a 3rd tenant in the downstairs Studio. Don't miss your chance to own this incredible income-generating property.

Location

State OR

County Multnomah

Area _143

Zoning R2

Rooms

Basement Partial Basement

Interior

Heating Forced Air, Heat Pump, Mini Split

Cooling Heat Pump, Mini Split

Exterior

View Park Greenbelt

Roof Type Metal

Garage No

Building

Lot Description Seasonal, Trees

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Kelly

Middle Schools Lane

High Schools Franklin

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

Nearby Locations

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

+1(503) 803-3812

carriewarlaumont@epique.me

1026 SW Greenburg Rd Fl 4, Portland, OR, 97223

8780 SE FLAVEL ST Portland, OR 97266