2744 SE 35TH PL, Portland, Multnomah County, OR, 97202 Portland OR US
Property Details
2
2
Richmond
MultiFamily
Description
This investment opportunity is a top performer in the market, boasting a 5.8% cap rate and a 14.4x gross rent multiplier, with great potential for tenant occupancy. The 4plex features a 1955 original construction, which underwent renovations in 2016, and is situated just 1.5 blocks away from the vibrant SE Division. All units rent quickly, usually within 1-2 showings, and there is no historical vacancy. The property includes an expansive 3BR unit with central HVAC, two gas fireplaces, a private washer/dryer, a dishwasher, and a large patio. This unit has a near-term lease expiration perfect for owner occupant. Additionally, there are three beautiful 1BR units, each with hardwood floors, large windows, private outdoor spaces, and mid-century charm. The property comes with two garages, basement laundry facilities, and tenant storage areas. The seller is a licensed real estate agent in Oregon. Unit sizes are approximate. Find out more about this property. Request details here
Location
Address
2744 Southeast 35th Place, Portland, Oregon 97202, United States
City
Portland
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