2723 SE 52ND AVE, Portland, OR 97206

$750,000
1,296
SqFt

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List Price
$750,000
Days on Market
0
MLS#
717375790
Property Type
Multifamily
Sqft. of Residence
1,296
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Southeast
Status
ACTIVE

Property Description

Townhouse-style triplex with a fabulous floor plan offers great living and has excellent long-term tenants! Each unit features a generous living room that opens to a kitchen and dining area, with access to a private deck for easy entertaining and grilling. Upstairs, two spacious bedrooms with double closets and extra storage offer a versatile layout for many living situations. Ultra-convenient in-unit washer and dryer, plus a dedicated off-street parking space and new storage space areas for each unit, are all very appealing to today's renter. Ideally located in popular South Tabor near Mt. Tabor and the shops and restaurants of SE Division. There’s no shortage of great attractions nearby, such as Petite Provence bakery, a board game café, and popular pizza. Very walkable, with a Walk Score of 88, a Bike Score of 98 that makes it a Biker’s Paradise, and a solid rating for public transit. With major projects completed, such as a new roof in 2025, you can buy with confidence. Long-term tenants who want to stay mean you earn money on day one, with stable, steady income. Easy to rent, easy to manage, with rents positioned to grow: projected 5.36% rate within 3 years. A turnkey, excellent long-term investment in a close-in, high-demand location.

Additional Information

Tax Amount
$9,344
Year Built
1969
High School
Franklin
Elementary School
Atkinson
Middle School
Harrison Park
Living Area
1,296
Stories
2
Subdivision
Leland Park
Terms
Cash, Conventional
Cooling Description
Window Unit(s)
Fuel Description
Electricity
Heating Description
Baseboard
Hoa Rent Includes
Maintenance Grounds, Trash Collection
Hot Water Description
Electricity
Exterior Description
Brick, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Open, Paved
Security Or Entry
Security Lights, Sidewalk
Parking Description
Open, Paved
Number Of Units Total
3
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1350
Unit Type One Sq Ft
864
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
1580
Unit Type Three Sq Ft
864
Unit Type Three Units Total
1

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Listing courtesy of Windermere Realty Trust.

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