6332 NE 45TH AVE, Portland, OR 97218
- $660,000
- 2,352
- SqFt
- List Price
- $660,000
- Days on Market
- 0
- MLS#
- 228970624
- Property Type
- Multifamily
- Sqft. of Residence
- 2,352
- Lot Size
- 7, 000 to 9, 999 SqFt
- Region
- Portland Northeast
- Status
- ACTIVE
Property Description
Live/invest opportunity in the heart of Cully! This well-maintained triplex offers three single-level 2-bedroom/1-bath units, with one unit currently vacant—ideal for an owner-occupant looking to offset housing costs with rental income. Each unit features washer/dryer hookups and its own private back patio, plus four off-street parking spaces. For investors, the property offers a solid 4.43% cap rate based on current operations, with additional upside as market rents support higher rental income over time. Strong NE Portland location close to beloved Fernhill Park, New Seasons Market and the Kennedy School, with easy access to the airport and surrounding neighborhoods. A versatile, well-cared-for property offering immediate income, future upside and an appealing live/invest opportunity.
Additional Information
- Tax Amount
- $6,422
- Year Built
- 1976
- High School
- Leodis McDaniel
- Elementary School
- Rigler
- Middle School
- Beaumont
- Acres
- 0.17
- Living Area
- 2,352
- Subdivision
- CULLY
- Terms
- Cash, Conventional
- Cooling Description
- None
- Fuel Description
- Electricity
- Heating Description
- Baseboard
- Hoa Rent Includes
- Maintenance Grounds, Sewer, Trash Collection, Water
- Hot Water Description
- Electricity
- Exterior Description
- T-111 Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Driveway, Paved
- Parking Description
- Driveway, Paved
- Road Surface
- Paved
- Number Of Units Total
- 3
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1050
- Unit Type One Sq Ft
- 784
- 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
- 1400
- Unit Type Three Sq Ft
- 784
- Unit Type Three Units Total
- 1
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Listing courtesy of Living Room Realty.
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