12344 SE BUSH ST, Portland, OR 97236

$730,000
2,477
SqFt

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List Price
$730,000
Days on Market
1
MLS#
586866154
Property Type
Multifamily
Sqft. of Residence
2,477
Lot Size
10, 000 to 14, 999 SqFt
Region
Portland Southeast
Status
ACTIVE

Property Description

Updated 4-plex offers a great investment opportunity in a central location on a large lot with rents totaling $5,490 a month ($65,880 a year). This tidy property is near shopping & bus line + minutes to 611-acre Powell Butte Nature Park & Lent's Park (Portland Pickles!). There are two separate buildings (like two duplexes), lots of off-street parking plus three units have attached garages—parking for up to 10 cars. Very unique and easy to rent. All four units have been updated in the last few years including new kitchen & bath cabinets, counters & flooring and the roof on the east building was new in 2017. Every unit has it’s own laundry area with washer & dryer hook-ups. One unit is ready for an owner-occupied buyer. Zoning is RM1 which could offer the possibility for additional units.

Additional Information

Tax Amount
$5,720
Year Built
1954
High School
David Douglas
Elementary School
Gilbert Hts
Middle School
Alice Ott
Garage Spaces
3
Acres
0.25
Living Area
2,477
Stories
1
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Baseboard, Zoned
Hoa Rent Includes
Sewer, Trash Collection, Water
Hot Water Description
Electricity, Tank
Exterior Description
Cedar, Shake Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Driveway, Garage
Parking Description
Driveway, Garage
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1345
Unit Type One Sq Ft
496
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1450
Unit Type Three Sq Ft
750
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Rent
1440
Unit Type Four Sq Ft
735
Unit Type Four Units Total
1

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Advantage Group.

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